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7344 Sheridan Avenue South

7344 Sheridan Avenue South, Minneapolis, MN 55423
Sold Oct 15, 2020
$320,000
$150,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2050
Sold Aug 30, 2017
$273,500
$259,825 by Leader One Financial Corp
Mortgage Due Sep 01, 2047
Local assessors in Minneapolis, MN have categorized 7344 Sheridan Avenue South 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 1980. 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 ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. 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 7344 Sheridan Avenue South has a total of 1,035 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 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 metal were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Oct 7, 2020 for $320,000. That's $309.18 per sqft. Prior to that sales transaction, the property was also sold in Aug 21, 2017 for $273,500. 7344 Sheridan Avenue South was last assessed in 2022. The total value of the property was assessed at $342,000. Specifically, the land the property is located on was valued at $138,000. While improvements on the property were assessed at a total of $204,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,127. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 745
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,035
  • Gross Building Area: 1,780
  • Building Area: 1,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,035
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENN LAKE TERRACE 1ST ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 008 004 PENN LAKE TERRACE 1ST ADDN 75 X 134.53

Ownership

  • Current Owner : FITZGERALD MAUREEN
  • Previous Owner : ROGERS TYLER
  • Previous Owner 2: ROGERS LYUDA
  • Owner Before Previous Owner: YUNKER LAUIRE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024300

Geography

  • Assessors Map Reference: MB:45990
  • District: 42
  • Parcel: 32-028-24-14-0117
  • Block: 4
  • Lot: 8
  • Meridian: SEC 32 QTR 14 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8693
  • Longitude: -93.3128

    Address

  • Full Address: 7344 Sheridan Ave S
  • Address - House Number: 7344
  • Street Segment Direction: S
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 2865
  • Zip Code: 55423

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,127

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 367,556
  • High Value: 427,998
  • Low Value: 307,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $342,000
  • Market Land Value: $138,000
  • Market Improvement Value: $204,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $342,000
  • Assessed Land Value: $138,000
  • Assessed Improvements Value: $204,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11795399161
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05757962
  • Previous Sale Recording Date: Aug 30, 2017
  • Previous Sale Contract Date: Aug 21, 2017
  • Previous Sale Amount: $273,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LEADER ONE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Aug 30, 2017
  • Previous Mortgage Loan Amount: $259,825
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Southwest Richfield



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Frequently Asked Questions

What neighborhood is 7344 Sheridan Avenue South located in?
The 7344 Sheridan Avenue South is a house located in the neighborhood of Southwest Richfield in Southwest Richfield, Minneapolis.
What is the average sales price for listings in 7344 Sheridan Avenue South?
The average sales price for units in 7344 Sheridan Avenue South is $0 currently.

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