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3055 Elliot Avenue

3055 Elliot Avenue, Minneapolis, MN 55407
Property in Powderhorn Park
Sold Feb 03, 2022
$338,500
$321,575 by Associated Bank Na
Mortgage Due Feb 01, 2052
Sold Jan 27, 2022
$338,500
$322,549
Mortgage
3055 Elliot Avenue has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 3 stories. In addition, 3055 Elliot Avenue has 2,309 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 435 ft. The area measurement of the land has been determined as 5,663 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3055 Elliot Avenue sold most recently in Jan 24, 2022 for a total of $338,500. If you work out the math, that's approximately a cost of $146.60 per sqft. Before that, the property was also sold for $338,500 in Jan 27, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,571 in taxes each year. 3055 Elliot Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,000. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $288,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 992
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 435
  • Total Building Area: 2,309
  • Building Area: 2,309
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,309
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ERASTUS BYERS ADDN TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 015 001 THE ERASTUS BYERS ADDN TO MPLS 43.50 X 126.30

Ownership

  • Current Owner : GREENFIELD SARAH
  • Previous Owner : SCHMIDT
  • Previous Owner 2: ALYSSA
  • Owner Before Previous Owner: SCHMIDT FRANK
  • Owner Before Previous Owner 2: SCHMIDT ALYSSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 008500

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:14470
  • District: 01
  • Parcel: 02-028-24-21-0064
  • Block: 1
  • Lot: 15
  • Meridian: SEC 02 QTR 21 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9467
  • Longitude: -93.2611

    Address

  • Full Address: 3055 Elliot Ave
  • Address - House Number: 3055
  • Address - Street Name: Elliot
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 1505
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,571

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 371,941
  • High Value: 434,139
  • Low Value: 309,743

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $644,124
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Feb 03, 2022
  • First Open Lien Mortgage Loan Amount: $321,575
  • 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: Feb 01, 2052
  • Second Open Lien Mortgage Recording Date: Jan 27, 2022
  • Second Open Lien Mortgage Loan Amount: $322,549
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 27, 2052

    Market Valuation

  • Market Total Value: $323,000
  • Market Land Value: $35,000
  • Market Improvement Value: $288,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $288,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11881351520
  • Current Sale Price: $338,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11074579
  • Previous Sale Recording Date: Jan 27, 2022
  • Previous Sale Contract Date: Jan 27, 2022
  • Previous Sale Amount: $338,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Feb 03, 2022
  • First Mortgage Loan Amount: $321,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jan 27, 2022
  • Previous Mortgage Loan Amount: $322,549
  • Previous Mortgage Loan Type: New Conventional

About Powderhorn



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Frequently Asked Questions

What neighborhood is 3055 Elliot Avenue located in?
The 3055 Elliot Avenue is a located in the neighborhood of Powderhorn Park in Powderhorn, Minneapolis.
What is the average sales price for listings in 3055 Elliot Avenue?
The average sales price for units in 3055 Elliot Avenue is $0 currently.

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