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7626 10th Avenue South

7626 10th Avenue South, Minneapolis, MN 55423
Sold Sep 04, 2020
$245,000
$232,750 by Loandepot.com Llc
Mortgage Due Sep 01, 2050
Sold May 19, 2000
$126,500
Local assessors in Minneapolis, MN have categorized 7626 10th Avenue South as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7626 10th Avenue South has a total of 925 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of metal were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is 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, 7626 10th Avenue South was last sold in Aug 31, 2020 for $245,000. According to our calculations, that's $264.86 per sqft. Prior to that sales transaction, the property was sold for $126,500 in Apr 27, 2000. Current property owners are expected to pay $3,399 in taxes per year. The property on 7626 10th Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $269,000. To break that down further, the land itself was valued at $115,000. While improvements to the property were assessed at a total of $154,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 93
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 750
  • Total Building Area: 925
  • Gross Building Area: 1,018
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 925
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH MURRAY LANE 2ND ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 003 SOUTH MURRAY LANE 2ND ADDN 75 X 134.18

Ownership

  • Current Owner : SMITH JACOB
  • Previous Owner : SCHWARTZ PETER J
  • Previous Owner 2: SCHWARTZ ELAINE
  • Owner Before Previous Owner: BERGLUND JUNE U
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024802

Geography

  • Assessors Map Reference: MB:46551
  • District: 42
  • Parcel: 35-028-24-34-0043
  • Block: 3
  • Lot: 5
  • Meridian: SEC 35 QTR 34 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8645
  • Longitude: -93.2609

    Address

  • Full Address: 7626 10th Ave S
  • Address - House Number: 7626
  • Street Segment Direction: S
  • Address - Street Name: 10th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 4571
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 1,850
  • Tax Year: 2023
  • Tax Amount: $3,399

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: May 03, 2023
  • Confidence Score: 78
  • Final Value: 301,746
  • High Value: 353,310
  • Low Value: 250,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $232,750
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $269,000
  • Market Land Value: $115,000
  • Market Improvement Value: $154,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,000
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $154,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11787605902
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10834402
  • Previous Sale Recording Date: May 19, 2000
  • Previous Sale Contract Date: Apr 27, 2000
  • Previous Sale Amount: $126,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 04, 2020
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Southeast Richfield



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Frequently Asked Questions

What neighborhood is 7626 10th Avenue South located in?
The 7626 10th Avenue South is a house located in the neighborhood of Southeast Richfield in Southeast Richfield, Minneapolis.
What is the average sales price for listings in 7626 10th Avenue South?
The average sales price for units in 7626 10th Avenue South is $0 currently.

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