NOT LISTED FOR SALE

3025 16th Ave S Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $302,000 - $354,553

3 Beds
2 Baths
1,632 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $296,000 $181 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,136/month

83 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • The kitchen features windows

About This Home

As of October 2023

Beautiful - updated, open and light filled home with newer mechanicals. Renovated top to bottom. Currently set up as a medium term rental for nurses at local medical facilities. Move in ready. Located in the powderhorn park neighborhood only minutes from restaurants, hospitals, shopping and the lightrail. Wonderful hardwood floors and woodwork on the main and top floors. Formal dining area with built-in buffet. Lower level can be used as a family room or large master bedroom.

Last Agent to Sell the Property

Joshua Jacobs

Wits Realty Listed on: 06/19/2023

Last Buyer's Agent

Jado Hark

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 1916

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41x122

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Powder Horn Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202824110153

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,921

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Wall Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 1192
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace Features: Living Room
  • Living Area: 1632
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 440
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Porch
  • SqFtTotal: 1632.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Neighborhood: Powderhorn Park

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 41x122
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0202824110153
  • Tax Annual Amount: 3921
  • TaxWithAssessments: 3921.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 26, 2023
Sold by
Howse Hillary
Bought by
Kemp Ernestine
Seller's Agent
Joshua Jacobs
Wits Realty
Buyer's Agent
Jado Hark
Compass
List Price
$319,000
Sold Price
$296,000
Premium/Discount to List
-$23,000
-7.21%
Views
143
Current Estimated Value
$322,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,388
Avg. Annual Appreciation
4.30%
Original Mortgage
$293,000
Outstanding Balance
$287,062
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$35,326

Purchase Details

Closed on
Jun 27, 2019
Sold by
Tandon Shivnath and Tandon Maya
Bought by
Howse Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,240
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Burt Shawn Nochole and Belcker Shawn N
Bought by
Tandon Shiv Nath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2010
Sold by
Good Domus Llc
Bought by
Belcher Shawn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,750
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2010
Sold by
Miller Cynthia Gay
Bought by
Good Domus Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kemp Ernestine $296,000 --
Howse Hillary $267,800 Liberty Title
Tandon Shiv Nath $172,500 Pillar Title Svcs
Belcher Shawn N $86,000 Village Title & Abstract Co
Bekher Shawn N $86,000 --
Good Domus Llc $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Ernestine $293,000
Previous Owner Howse Hillary $214,240
Previous Owner Tandon Shiv Nath $170,000
Previous Owner Belcher Shawn N $83,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $296,000 -1.0% $181 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $299,000 -6.3% $183 / Sq Ft
06/23/2023 06/23/23 For Sale $319,000 -- $195 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,129 $346,000 $76,000 $270,000
2023 $4,599 $353,000 $71,000 $282,000
2022 $3,921 $326,000 $45,000 $281,000
2021 $3,442 $283,000 $23,000 $260,000
2020 $2,444 $257,000 $24,800 $232,200
2019 $1,846 $168,500 $16,500 $152,000
2018 $1,895 $144,500 $16,500 $128,000
2017 $1,995 $127,500 $15,000 $112,500
2016 $1,529 $111,000 $15,000 $96,000
2015 $1,456 $103,000 $15,000 $88,000
2014 -- $98,000 $15,000 $83,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joshua Jacobs

    Wits Realty

    Section Image
  • Jado Hark

    Buyer's Agent in 2023

    Jado Hark

    Compass

    (612) 483-1742

    1 in this area

    262 Total Sales

    Jado Hark
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6389503

NorthstarMLS

APN: 02-028-24-11-0153

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3025 16th Ave S, Minneapolis, MN

This home is located at 3025 16th Ave S, Minneapolis, MN 55407 since 19 June 2023 and is currently estimated at $322,388, approximately $197 per square foot. This property was built in 1916. 3025 16th Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, Bancroft Elementary School, and Andersen Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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