NOT LISTED FOR SALE

Estimated Value: $520,000 - $614,503

7 Beds
1.5 Baths
3,607 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2025

Last sale price $540,000 $150 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,531 / mo

35 Days on Market

Highlights

  • Guest House
  • No HOA
  • The kitchen features windows
  • Bonus Room
  • Home Office
  • Cul-De-Sac

About This Home

As of July 2025

This outstanding Prospect Park property offers a rare opportunity for investors seeking a move-in-ready home with strong income potential. Situated on a quiet cul-de-sac and bordering a wooded area, the home features a spacious layout with an open-concept main floor, hardwood oak flooring, and abundant natural light. The large kitchen includes a walk-in pantry, and a substantial 2006 addition added four well-sized bedrooms, all with ample closet space—making it ideal for either long-term family tenants or short-term rental groups. The finished third floor offers additional living space with pine ceilings and new carpet installed in 2022, adding to the home’s versatility and appeal. A brand-new boiler and roof were installed in 2023, ensuring updated infrastructure for low-maintenance ownership. There is also space to add 2 future full bathrooms! Located within walking distance to the University of Minnesota, light rail access, and an array of popular destinations including Malcolm Yards, Surly Brewing Co., and O’Shaughnessy Distilling Co., this property is exceptionally well positioned for consistent rental demand. Whether you’re growing your portfolio or entering the Minneapolis market, this is a smart, turnkey investment in one of the city’s most vibrant and connected neighborhoods. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Tamara Burch

Real Broker, LLC Listed on: 05/01/2025

Real Broker, LLC

Last Buyer's Agent

Han Zhong

Keller Williams Classic Realty

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1912

Lot Details

  • 11,966 Sq Ft Lot
  • Cul-De-Sac
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Insulated Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,607 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Eustis Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3002923140037

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,451

Year Built

Built in 1912

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 3607
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer
  • Living Area: 3607
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Guest Room, Laundry, Office, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • Other Structures: Workshop, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Insulated Garage, Tuckunder Garage

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Ethernet Wired,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x200 approx
  • Lot Size Sq Ft: 11966
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3002923140037
  • Tax Annual Amount: 6451
  • TaxWithAssessments: 6451.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Cheryl Daws
LPT Realty, LLC
Buyer's Agent
Namit Bhalla
Stepping Stone Brokers LLC
List Price
$599,000
Sold Price
$490,000
Premium/Discount to List
-$109,000
-18.2%
Views
281
Current Estimated Value
$566,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,876
Avg. Annual Appreciation
5.98%
Original Mortgage
$441,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Rg Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $441,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $540,000 -3.6% $150 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $559,900 -5.1% $155 / Sq Ft
05/01/2025 05/01/25 For Sale $589,900 +20.4% $164 / Sq Ft
11/30/2023 11/30/23 Sold $490,000 -9.1% $136 / Sq Ft View Prior Sale
09/28/2023 09/28/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $539,000 -3.6% $149 / Sq Ft
04/13/2023 04/13/23 Price Changed $559,000 -2.8% $155 / Sq Ft
04/12/2023 04/12/23 Price Changed $575,000 +2.9% $159 / Sq Ft
04/12/2023 04/12/23 Price Changed $559,000 -2.8% $155 / Sq Ft
03/01/2023 03/01/23 Price Changed $575,000 -4.0% $159 / Sq Ft
12/22/2022 12/22/22 For Sale $599,000 -- $166 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,274 $429,000 $170,000 $259,000
2023 $6,451 $458,000 $158,000 $300,000
2022 $6,228 $404,000 $137,000 $267,000
2021 $7,022 $413,000 $143,000 $270,000
2020 $6,406 $486,000 $145,600 $340,400
2019 $5,988 $442,000 $142,800 $299,200
2018 $5,434 $402,000 $142,800 $259,200
2017 $5,362 $353,000 $129,800 $223,200
2016 $4,887 $315,000 $129,800 $185,200
2015 $5,132 $315,000 $129,800 $185,200
2014 -- $285,000 $121,800 $163,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6706545

NorthstarMLS

APN: 30-029-23-14-0037

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