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5648 Welcome Avenue North

5648 Welcome Avenue North, Minneapolis, MN 55429
Property in Skyway
Sold Apr 21, 2022
$270,000
$256,500 by St Cloud Financial Credit Unio
Mortgage Due May 01, 2052
Sold Apr 19, 2022
$270,000
$256,500
Mortgage
5648 Welcome Avenue North 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 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5648 Welcome Avenue North has 960 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 1,340 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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 frame 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 hip style roof made of asphalt. The exterior walls of the building are made of metal. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 5648 Welcome Avenue North sold most recently in Apr 12, 2022 for a total of $270,000. If you work out the math, that's approximately a cost of $281.25 per sqft. Before that, the property was also sold for $270,000 in Apr 19, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,831 in taxes each year. 5648 Welcome Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $278,000. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $188,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 960
  • Gross Building Area: 1,824
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 960
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORK-CAMPION 3RD ADDN
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 009 002 MORK-CAMPION 3RD ADDN 60 X 133.85

Ownership

  • Current Owner : WALTHER TYLER
  • Previous Owner : WIESE NICHOLAS A
  • Owner Before Previous Owner: WIESE NICHOLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Robbinsdale Public School District
  • School Tax School District: ROBBINSDALE
  • Census Tract: 020700

Geography

  • Assessors Map Reference: MB:54789
  • District: 54
  • Parcel: 04-118-21-31-0086
  • Block: 2
  • Lot: 9
  • Meridian: SEC 04 QTR 31 TWN 118 RNG 21
  • Municipality: CRYSTAL
  • Latitude: 45.0561
  • Longitude: -93.3509

    Address

  • Full Address: 5648 Welcome Ave N
  • Address - House Number: 5648
  • Street Segment Direction: N
  • Address - Street Name: Welcome
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 2728
  • Zip Code: 55429

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2023
  • Tax Amount: $3,831

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 291,703
  • High Value: 343,209
  • Low Value: 240,197

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $513,000
  • First Open Lien Mortgage Lender: ST CLOUD FINANCIAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Apr 21, 2022
  • First Open Lien Mortgage Loan Amount: $256,500
  • 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: May 01, 2052
  • Second Open Lien Mortgage Recording Date: Apr 19, 2022
  • Second Open Lien Mortgage Loan Amount: $256,500
  • 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: Apr 19, 2052

    Market Valuation

  • Market Total Value: $278,000
  • Market Land Value: $90,000
  • Market Improvement Value: $188,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,000
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $188,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Transaction ID: 11888137366
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11100343
  • Previous Sale Recording Date: Apr 19, 2022
  • Previous Sale Contract Date: Apr 19, 2022
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ST CLOUD FINANCIAL CREDIT UNIO
  • First Mortgage Transaction Date: Apr 21, 2022
  • First Mortgage Loan Amount: $256,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 19, 2022
  • Previous Mortgage Loan Amount: $256,500
  • Previous Mortgage Loan Type: New Conventional

About Robbinsdale - Crystal - New Hope



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Frequently Asked Questions

What neighborhood is 5648 Welcome Avenue North located in?
The 5648 Welcome Avenue North is a located in the neighborhood of Skyway in Robbinsdale - Crystal - New Hope, Minneapolis.
What is the average sales price for listings in 5648 Welcome Avenue North?
The average sales price for units in 5648 Welcome Avenue North is $0 currently.

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