NOT LISTED FOR SALE

3247 Chicago Ave Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $290,122 - $342,000

2 Beds
1 Bath
1,798 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $72,000 $40 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $2,008/month

22 Days on Market

About This Home

As of April 2012

Great opportunity to own this duplex in South Minneapolis. The building features 2 bedroom 1 bathroom units. Very little repair needed to make this property ready to rent. Updated forced air furnaces have been installed for both units. Don?????t miss

Last Agent to Sell the Property

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 03/13/2012

Co-Listed By

Zach Skattum

RE/MAX Advantage Plus

Last Buyer's Agent

Alan Rybak

RES Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,614

Home Design

  • Wood Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 34.00 x 82.70
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 113.71
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 04/27/2012
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2844.36
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1798
  • Total Fin Square Footage: 1798

Exterior Features

  • Exterior: Wood

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 34.00 X 82.70

Building Info

  • Year Built: 1890

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 2731

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2014
Sold by
Ucozyhome Llc
Bought by
Qi Jinning and Zheng Hong
Current Estimated Value
$312,281

Purchase Details

Closed on
Nov 30, 2013
Sold by
Qi Jinning and Zheng Hong
Bought by
Ucozyhome Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2011
Sold by
Bertelson Paul A
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
May 5, 2003
Sold by
Amundson Paul
Bought by
Mission Inn Minnesota Inc
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
Qi Jinning -- None Available
Ucozyhome Llc -- None Available
Bac Home Loans Servicing Lp $219,368 --
Mission Inn Minnesota Inc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qi Jinning $65,000
Closed Mission Inn Minnesota Inc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $72,000 +24.1% $40 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $58,000 -- $32 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,843 $234,000 $36,000 $198,000
2022 $3,747 $225,000 $24,000 $201,000
2021 $3,688 $214,000 $12,000 $202,000
2020 $3,529 $225,500 $8,700 $216,800
2019 $3,296 $199,500 $5,800 $193,700
2018 $2,898 $181,500 $5,800 $175,700
2017 $2,755 $147,000 $5,300 $141,700
2016 $2,685 $139,000 $5,300 $133,700
2015 $2,450 $121,000 $5,300 $115,700
2014 -- $105,500 $5,300 $100,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan O'Neill

    RE/MAX

  • Z

    Seller Co-Listing Agent in 2012

    Zach Skattum

    RE/MAX

  • A

    Buyer's Agent in 2012

    Alan Rybak

    RES Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3590869

REALTOR® Association of Southern Minnesota

APN: 02-028-24-24-0042

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

3247 Chicago Ave, Minneapolis, MN

This home is located at 3247 Chicago Ave, Minneapolis, MN 55407 since 13 March 2012 and is currently estimated at $312,281, approximately $173 per square foot. This property was built in 1890. 3247 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.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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