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8916 Chicago Avenue

8916 Chicago Avenue, Minneapolis, MN 55420
Property in East Bloomington
Sold Nov 12, 2020
$280,000
$271,600 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
8916 Chicago Avenue in Minneapolis, MN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8916 Chicago Avenue has 1,012 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 890 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 988 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8916 Chicago Avenue was last sold in Sep 21, 2020 for $280,000. According to our calculations, that's $276.68 per sqft. Current property owners are expected to pay $3,846 in taxes per year. The property on 8916 Chicago Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $327,700. To break that down further, the land itself was valued at $129,500. While improvements to the property were assessed at a total of $198,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1994
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 911
  • Garage Type: Detached
  • Garage Square Area: 988
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,012
  • Gross Building Area: 1,923
  • Building Area: 1,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,012
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISCHOFF 2ND ADDN
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 010 003 BISCHOFF 2ND ADDN 89 X 127.43

Ownership

  • Current Owner : BERGEVIN SMITH ALEX
  • Current Owner 2: BERGEVIN SMITH MARTA
  • Previous Owner : CARLSON ROGER
  • Previous Owner 2: ROSS CARLSON DIANA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025205

Geography

  • Assessors Map Reference: MB:70471
  • District: 20
  • Parcel: 11-027-24-23-0054
  • Block: 3
  • Lot: 10
  • Meridian: SEC 11 QTR 23 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.8419
  • Longitude: -93.2636

    Address

  • Full Address: 8916 Chicago Ave S
  • Address - House Number: 8916
  • Street Segment Direction: S
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 3012
  • Zip Code: 55420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,846

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 327,199
  • High Value: 400,415
  • Low Value: 253,982

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $551,600
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $271,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Loan Amount: $280,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $327,700
  • Market Land Value: $129,500
  • Market Improvement Value: $198,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $327,700
  • Assessed Land Value: $129,500
  • Assessed Improvements Value: $198,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11804612297
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10870179

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $271,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About East Bloomington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8916 Chicago Avenue located in?
The 8916 Chicago Avenue is a located in the neighborhood of East Bloomington in East Bloomington, Minneapolis.
What is the average sales price for listings in 8916 Chicago Avenue?
The average sales price for units in 8916 Chicago Avenue is $0 currently.

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