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4123 18th Avenue South

4123 18th Avenue South, Minneapolis, MN 55407
Property in Bancroft
Sold Dec 18, 2020
$457,200
$365,760 by Leader One Financial Corp
Mortgage Due Nov 01, 2050
Sold Oct 30, 2018
$430,000
$3,440,003 by Mortgages Unlimited Inc
Mortgage Due Oct 01, 2048
4123 18th Avenue South in Minneapolis, MN was first built in 1924 and is 100 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4123 18th Avenue South has 1,352 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 400 ft and the linear feet between the front and back of the lot is 1,210. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4123 18th Avenue South sold most recently in Oct 9, 2020 for a total of $457,200. If you work out the math, that's approximately a cost of $338.17 per sqft. Before that, the property was also sold for $430,000 in Sep 20, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,576 in taxes each year. 4123 18th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $407,000. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $322,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1924
  • Effective Year Built: 1924
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 952
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOKOMIS VIEW ADDN TO MPLS
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 009 001 NOKOMIS VIEW ADDN TO MPLS 40.00 X 121.00

Ownership

  • Current Owner : SCHMIDT CHRIS
  • Previous Owner : BANCROFT TIMOTHY J
  • Previous Owner 2: BANCROFT BRITTANY L
  • Owner Before Previous Owner: STURTZ AMANDA KARDASIS
  • Owner Before Previous Owner 2: STURTZ RYAN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110100

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:15580
  • District: 01
  • Parcel: 11-028-24-14-0103
  • Block: 1
  • Lot: 9
  • Meridian: SEC 11 QTR 14 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9279
  • Longitude: -93.2483

    Address

  • Full Address: 4123 18th Ave S
  • Address - House Number: 4123
  • Street Segment Direction: S
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 3339
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,576

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 449,352
  • High Value: 523,882
  • Low Value: 374,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,760
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $365,760
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $407,000
  • Market Land Value: $85,000
  • Market Improvement Value: $322,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $407,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $322,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11812020299
  • Current Sale Price: $457,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10888310
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $365,760
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGES UNLIMITED INC
  • Previous Mortgage Transaction Date: Oct 30, 2018
  • Previous Mortgage Loan Amount: $3,440,003
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Powderhorn



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Nearby Rentals

Unit for rent at 2530 1st Avenue S, Minneapolis, MN, 55404

$1,095 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
2530 1st Avenue S #101, Minneapolis, MN, 55404 Listing by Timothy Carson

Frequently Asked Questions

What neighborhood is 4123 18th Avenue South located in?
The 4123 18th Avenue South is a located in the neighborhood of Bancroft in Powderhorn, Minneapolis.
What is the average sales price for listings in 4123 18th Avenue South?
The average sales price for units in 4123 18th Avenue South is $0 currently.

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