NOT LISTED FOR SALE

3050 Chicago Ave Minneapolis, MN 55407

Central Neighborhood

Estimated Value: $297,000 - $324,927

4 Beds
1.5 Baths
2,100 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $275,000 $131 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,945/month

Highlights

  • 1 Fireplace
  • No HOA
  • Combination Dining and Living Room
  • Washburn High School Rated A-
  • Forced Air Heating System
  • Family Room

About This Home

As of April 2023

This historic and loved 1905 4bd/2ba/2car home has character all over it. From the bright exterior and artistic foyer to the original woodwork and original floors. If you’re looking for a property with potential, look no further than the basement with the ability to add a bedroom (already egressed) and bathroom (roughed in). Right off a bus line for easy access to downtown and walkability to your favorite restaurants.

Last Agent to Sell the Property

Zachary Slovin

RE/MAX Results Listed on: 03/09/2023

RE/MAX Results

Last Buyer's Agent

Randall Young

Fathom Realty MN, LLC

Fathom Realty MN, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1905

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41x123
  • Wood Fence

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Basement Window Egress

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Supplement To Chicago Lake Par Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202824220159

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,771

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1700
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s)
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Living Area: 2100
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 400
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 2420.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Central

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 41x123
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0202824220159
  • Tax Annual Amount: 2771
  • TaxWithAssessments: 2771.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 19, 2023
Sold by
Crozier Alice M and Crozier Daniel
Bought by
Mcreynolds Leanna Christine and Carlson Russell James
Seller's Agent
Zachary Slovin
RE/MAX Results
Buyer's Agent
Randall Young
Fathom Realty MN, LLC
List Price
$275,000
Sold Price
$275,000
Views
23
Current Estimated Value
$300,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,937
Avg. Annual Appreciation
3.63%
Original Mortgage
$266,750
Outstanding Balance
$261,107
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$37,603

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 14, 2023
Sold by
Crozier Alice
Bought by
Mcreynolds Leanna and Carlson Russell
Seller's Agent
Zachary Slovin
RE/MAX Results
Buyer's Agent
Randall Young
Fathom Realty MN, LLC
List Price
$275,000
Sold Price
$275,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Outstanding Balance
$261,107
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$37,603

Purchase Details

Closed on
Feb 15, 2017
Sold by
Arias Pablo and Martinez Doraliza Arias
Bought by
Crozier Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2016
Sold by
Nelson David A
Bought by
Arias Pablo
Source: Public Records

Range of Values:

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Average Value
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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
Mcreynolds Leanna Christine $275,000 None Listed On Document
Mcreynolds Leanna $275,000 --
Crozier Alice M $230,000 Partners Title Llc
Arias Pablo $150,000 Partners Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcreynolds Leanna Christine $266,750
Closed Mcreynolds Leanna $266,750
Previous Owner Crozier Alice M $223,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $275,000 0.0% $131 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $275,000 -- $131 / 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
2023 $3,400 $272,000 $50,000 $222,000
2022 $2,771 $259,000 $49,000 $210,000
2021 $2,390 $216,000 $22,000 $194,000
2020 $2,591 $196,000 $22,800 $173,200
2019 $2,384 $196,000 $15,200 $180,800
2018 $2,126 $178,000 $15,200 $162,800
2017 $2,543 $157,500 $13,800 $143,700
2016 $2,555 $153,000 $13,800 $139,200
2015 $2,632 $148,000 $13,800 $134,200
2014 -- $128,500 $13,800 $114,700
Source: Public Records

Agents Affiliated with this Home

  • Zachary Slovin

    Seller's Agent in 2023

    Zachary Slovin

    RE/MAX Results

    (612) 254-6212

    1 in this area

    55 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Randall Young

    Fathom Realty MN, LLC

    (651) 300-9636

    1 in this area

    16 Total Sales

    Section Image
  • Scott Breuer

    Buyer Co-Listing Agent in 2023

    Scott Breuer

    Real Broker, LLC

    (612) 328-8348

    1 in this area

    240 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6271188

NorthstarMLS

APN: 02-028-24-22-0159

Minnesota Hennepin County Minneapolis 55407 Central

3050 Chicago Ave, Minneapolis, MN

This home is located at 3050 Chicago Ave, Minneapolis, MN 55407 since 09 March 2023 and is currently estimated at $309,982, approximately $147 per square foot. This property was built in 1905. 3050 Chicago Ave is a home located in Hennepin County with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn High School.

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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