NOT LISTED FOR SALE

3225 Chicago Ave Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $332,000 - $405,000

5 Beds
2 Baths
2,600 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $320,000 $123 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,209/month

About This Home

As of April 2023

This home is located at 3225 Chicago Ave, Minneapolis, MN 55407 since 17 April 2023 and is currently estimated at $359,240, approximately $138 per square foot. This property was built in 1899. 3225 Chicago Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, Bancroft Elementary School, and South Senior High School.

Last Buyer's Agent

Samuel Gardner

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1899 | Newly Remodeled

Lot Details

  • 4,792

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Hartson & Lents Rgt & Bairds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202824240049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,456

Year Built

Built in 1899 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Year Built: 1899
  • Unit Levels: More Than 2 Stories
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • Neighborhood: Powderhorn Park

Schools

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

Lot Info

  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0202824240049
  • Tax Annual Amount: 2456
  • TaxWithAssessments: 2456.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Apr 17, 2023
Sold by
Seng Richard
Bought by
Conzet Xavier and Chirwa Tiwonge
Buyer's Agent
Samuel Gardner
RE/MAX Results
Sold Price
$320,000
Current Estimated Value
$359,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,240
Avg. Annual Appreciation
5.02%
Original Mortgage
$303,000
Outstanding Balance
$295,275
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$63,965

Purchase Details

Listed on
Apr 17, 2023
Closed on
Apr 12, 2023
Sold by
Seng Richard
Bought by
Conzet Xavier and Chirwa Tiwonge
Buyer's Agent
Samuel Gardner
RE/MAX Results
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Outstanding Balance
$295,275
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$63,965

Purchase Details

Closed on
Dec 10, 2015
Sold by
Floy Eva
Bought by
Benn Ave

Purchase Details

Closed on
Dec 9, 2015
Sold by
Benn Ave
Bought by
Seng Richard

Purchase Details

Closed on
Dec 11, 2009
Sold by
Deutsche Bank National Trust
Bought by
Floy Eva and Benn Ave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,112
Interest Rate
5.37%
Mortgage Type
FHA
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
Conzet Xavier $320,000 --
Conzet Xavier $320,000 Legacy Title
Benn Ave -- Title One Inc
Seng Richard $126,500 Title One Inc
Floy Eva $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conzet Xavier $303,000
Closed Conzet Xavier $303,000
Previous Owner Floy Eva $48,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $320,000 -- $123 / 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 $3,063 $220,000 $49,000 $171,000
2022 $2,456 $205,000 $34,000 $171,000
2021 $2,118 $195,000 $19,000 $176,000
2020 $2,296 $177,000 $28,400 $148,600
2019 $2,112 $177,000 $18,900 $158,100
2018 $1,778 $161,000 $18,900 $142,100
2017 $2,923 $156,000 $17,200 $138,800
2016 $2,160 $156,000 $17,200 $138,800
2015 $2,094 $135,500 $17,200 $118,300
2014 -- $121,500 $17,200 $104,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2023

    Samuel Gardner

    RE/MAX Results

    (612) 805-9382

    1 in this area

    33 Total Sales

    Samuel Gardner
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Map

Source: NorthstarMLS

MLS Number: 6362280

NorthstarMLS

APN: 02-028-24-24-0049

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3225 Chicago Ave, Minneapolis, MN

This home is located at 3225 Chicago Ave, Minneapolis, MN 55407 since 17 April 2023 and is currently estimated at $359,240, approximately $138 per square foot. This property was built in 1899. 3225 Chicago Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, Bancroft Elementary School, and South Senior High School.

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