NOT LISTED FOR SALE

3244 Cedar Ave S Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $297,000 - $468,000

5 Beds
3 Baths
2,320 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $134,700 $58 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,539/month

27 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Corcoran Park
  • Community Garden
  • 2 Car Detached Garage

About This Home

As of May 2012

Duplex w/many great updates! Owner Occ could live for nearly free! Investor could use as Duplex or Tri-Plex, zoned for either, see supp for details. Corner fenced lot, bus line out front, 2 car garage, was an owner occ. for 50+ yrs! very well cared for

Last Agent to Sell the Property

Kim Eckert

Edina Realty, Inc. Listed on: 03/13/2012

Last Buyer's Agent

Michael Vandal

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 46x123
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Community Details

  • 2 Units
  • Community Garden

Listing and Financial Details

  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1884

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Comp Dev Subdiv Name: J6 Lennons Addn to Mpls
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2320
  • Total Fin Square Footage: 2320

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Fenced Yard - Full

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Common Garden

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 46x123

Rental Info

  • Owner Expense: Water/Sewer

Building Info

  • Year Built: 1884

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 2185

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Bushard Darin J and Bushard Casey D
Bought by
Bushard Darin J and Bushard Casey D
Current Estimated Value
$375,560

Purchase Details

Closed on
Mar 27, 2017
Sold by
El Shourbagy Ahmed M and El Shourbagy Ashley Paguyo
Bought by
Bushard Darin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,182
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2012
Closed on
May 7, 2012
Sold by
Hillenbrand Julie
Bought by
El Shourbagy Ahmed M
Seller's Agent
Kim Eckert
Edina Realty, Inc.
Buyer's Agent
Michael Vandal
Edina Realty, Inc.
List Price
$139,700
Sold Price
$134,700
Premium/Discount to List
-$5,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$131,284
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bushard Darin J $485 --
Bushard Darin $266,000 Premier Title Ins Agency Inc
El Shourbagy Ahmed M $134,700 All Star Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bushard Darin $261,182
Previous Owner El Shourbagy Ahmed M $131,284
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $134,700 -3.6% $58 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $139,700 -- $60 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,264 $348,000 $68,000 $280,000
2023 $6,793 $365,000 $64,000 $301,000
2022 $5,267 $317,000 $44,000 $273,000
2021 $4,252 $264,000 $20,000 $244,000
2020 $4,218 $260,000 $33,500 $226,500
2019 $3,013 $238,500 $22,300 $216,200
2018 $2,563 $217,000 $22,300 $194,700
2017 $3,723 $183,000 $20,300 $162,700
2016 $3,601 $171,000 $20,300 $150,700
2015 $3,459 $148,500 $20,300 $128,200
2014 -- $132,500 $20,300 $112,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kim Eckert

    Edina Realty, Inc.

  • M

    Buyer's Agent in 2012

    Michael Vandal

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589176

REALTOR® Association of Southern Minnesota

APN: 02-028-24-14-0084

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3244 Cedar Ave S, Minneapolis, MN

Not Listed for Sale

MultiFamily

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