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5509 James Avenue North

5509 James Avenue North, Minneapolis, MN 55430
Property in Brooklyn Center
Sold Sep 10, 2018
$185,000
$175,750 by Quicken Loans Inc
Mortgage Due Sep 01, 2048
Sold Oct 17, 2017
$150,000
$140,000 by Mortgage Capital Associates In
Mortgage Due Nov 01, 2047
Local assessors in Minneapolis, MN have categorized 5509 James Avenue North as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1975. 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 1,350 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 bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 1 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5509 James Avenue North has a total of 1,204 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 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. 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, 5509 James Avenue North was last sold in Aug 31, 2018 for $185,000. According to our calculations, that's $153.65 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Oct 13, 2017. Current property owners are expected to pay $4,760 in taxes per year. The property on 5509 James Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $260,000. To break that down further, the land itself was valued at $76,000. While improvements to the property were assessed at a total of $184,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 637
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,204
  • Gross Building Area: 1,841
  • Building Area: 1,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,204
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWLARK GARDENS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 005 MEADOWLARK GARDENS 75 X 134.96

Ownership

  • Current Owner : WITZKE NICHOLAS
  • Previous Owner : FARRIS JOHN
  • Previous Owner 2: FARRIS RACHEL
  • Owner Before Previous Owner: HOGLAND SUSAN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brooklyn Center School District
  • School Tax School District: BROOKLYN CENTER
  • Census Tract: 020500

Geography

  • Assessors Map Reference: MB:89580
  • District: 22
  • Parcel: 02-118-21-41-0106
  • Block: 5
  • Lot: 7
  • Meridian: SEC 02 QTR 41 TWN 118 RNG 21
  • Municipality: BROOKLYN CENTER
  • Latitude: 45.0552
  • Longitude: -93.3019

    Address

  • Full Address: 5509 James Ave N
  • Address - House Number: 5509
  • Street Segment Direction: N
  • Address - Street Name: James
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 3053
  • Zip Code: 55430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,760

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 280,895
  • High Value: 332,678
  • Low Value: 229,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,750
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2018
  • First Open Lien Mortgage Loan Amount: $175,750
  • 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, 2048

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $76,000
  • Market Improvement Value: $184,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $260,000
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $184,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11507851895
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10593235
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $175,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • Previous Mortgage Transaction Date: Oct 17, 2017
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Brooklyn Center



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Frequently Asked Questions

What neighborhood is 5509 James Avenue North located in?
The 5509 James Avenue North is a located in the neighborhood of Brooklyn Center in Brooklyn Center, Minneapolis.
What is the average sales price for listings in 5509 James Avenue North?
The average sales price for units in 5509 James Avenue North is $0 currently.

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