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3500 Spain Place

3500 Spain Place, Minneapolis, MN 55418
Sold Sep 01, 2021
$315,000
$290,000 by Mortgages Unlimited Inc
Mortgage Due Sep 01, 2051
Sold Jun 29, 2004
$189,900
Local assessors in Minneapolis, MN have categorized 3500 Spain Place as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 7,405 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 3500 Spain Place has a total of 1,019 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood 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 hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 3500 Spain Place was last sold in Aug 31, 2021 for $315,000. According to our calculations, that's $309.13 per sqft. Prior to that sales transaction, the property was sold for $189,900 in May 27, 2004. Current property owners are expected to pay $3,682 in taxes per year. The property on 3500 Spain Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $288,000. To break that down further, the land itself was valued at $68,000. While improvements to the property were assessed at a total of $220,000. 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. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,019
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,019
  • Building Area: 1,019
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,019
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOWRYS SUBD BLK H COLUMBIA HEIGHTS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 002 LOWRYS SUBD BLK H COLUMBIA HEIGHTS COM AT THE NE COR OF LOT 5 TH SELY 72 FT ALONG THE ELY LINE THEREOF TO PT OF BEG

Ownership

  • Current Owner : DENNE BRENDAN
  • Current Owner 2: DENNE ABIGAIL
  • Previous Owner : MCGRAW JOHN N
  • Previous Owner 2: MCGRAW AIDA
  • Owner Before Previous Owner: WALLEN CHRISTOPHER J
  • Owner Before Previous Owner 2: WALLEN JENNIFER S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000601

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:02360
  • District: 01
  • Parcel: 02-029-24-21-0079
  • Block: 2
  • Lot: 5
  • Meridian: SEC 02 QTR 21 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0314
  • Longitude: -93.2577

    Address

  • Full Address: 3500 Spain Pl
  • Address - House Number: 3500
  • Address - Street Name: Spain
  • Address - Suffix Type: Pl
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 1238
  • Zip Code: 55418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,682

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 322,032
  • High Value: 376,936
  • Low Value: 267,127

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: MORTGAGES UNLIMITED INC
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $290,000
  • 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, 2051
  • Second Open Lien Mortgage Loan Amount: $290,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $288,000
  • Market Land Value: $68,000
  • Market Improvement Value: $220,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $288,000
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $220,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11855815250
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11011937
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Contract Date: May 27, 2004
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGES UNLIMITED INC
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3500 Spain Place located in?
The 3500 Spain Place is a house located in the neighborhood of Columbia Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 3500 Spain Place?
The average sales price for units in 3500 Spain Place is $0 currently.

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