NOT LISTED FOR SALE

3305 Grand Ave S Minneapolis, MN 55408

Lyndale Neighborhood

Estimated Value: $403,000 - $498,000

6 Beds
2 Baths
2,084 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $225,000 $108 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,894/month

132 Days on Market

Highlights

  • Community Deck or Porch
  • Washburn High School Rated A-
  • 5-minute walk to Painter Park

About This Home

As of June 2012

This property is perfect for both the investor looking to cash flow or the homebuyer making a wise decision to live affordably. centrally located and easy to rent, this property is a must see.

Last Agent to Sell the Property

Graham Smith

Edina Realty, Inc. Listed on: 01/06/2012

Last Buyer's Agent

James Brudos

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,832

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x88

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,084 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • The owner pays for janitorial, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,832

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 06/11/2012
  • Taxes With Assessments: 4832
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2084
  • Total Fin Square Footage: 2084

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x88

Rental Info

  • Owner Expense: Janitorial, Maint/Repair, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4832

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Zimmerman Mathew J and Lofstedt Trevor A
Bought by
Waidelich Joseph
Current Estimated Value
$436,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 6, 2012
Closed on
Jun 22, 2012
Sold by
Yost Joseph H
Bought by
Reames Martin A and Grabow Nicole E
Seller's Agent
Graham Smith
Edina Realty, Inc.
Buyer's Agent
James Brudos
Bridge Realty, LLC
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$168,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Guist Michael J
Bought by
Yost Joseph H and Yost Emily S

Purchase Details

Closed on
Dec 9, 2003
Sold by
Lopesio James C
Bought by
Kielas Peter N and Kielas Matthew S

Purchase Details

Closed on
Feb 10, 1997
Sold by
Lopesio James C
Bought by
Kielas Peter N and Kielas Matthew S
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
Waidelich Joseph $386,000 Land Title Inc
Reames Martin A $225,000 Title Support Services
Yost Joseph H $200,000 --
Kielas Peter N $48,000 --
Guist Michael J $269,000 --
Kielas Peter N $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waidelich Joseph $373,692
Closed Waidelich Joseph $376,906
Closed Waidelich Joseph $379,000
Previous Owner Reames Martin A $168,750
Previous Owner Guist Michael J $351,500
Previous Owner Guist Michael J $318,250
Closed Kielas Peter N --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $225,000 -10.0% $108 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $249,900 -- $120 / 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 $6,811 $414,000 $105,000 $309,000
2022 $5,467 $418,000 $105,000 $313,000
2021 $5,277 $396,000 $85,000 $311,000
2020 $5,535 $395,500 $35,100 $360,400
2019 $5,751 $384,000 $23,400 $360,600
2018 $4,923 $384,000 $23,400 $360,600
2017 $5,443 $290,500 $21,300 $269,200
2016 $5,204 $269,500 $21,300 $248,200
2015 $5,000 $247,000 $21,300 $225,700
2014 -- $217,000 $21,300 $195,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Graham Smith

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2012

    James Brudos

    Bridge Realty, LLC

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589521

REALTOR® Association of Southern Minnesota

APN: 03-028-24-23-0178

Minnesota Hennepin County Minneapolis 55408 Lyndale

3305 Grand Ave S, Minneapolis, MN

This home is located at 3305 Grand Ave S, Minneapolis, MN 55408 since 06 January 2012 and is currently estimated at $436,436, approximately $209 per square foot. This property was built in 1900. 3305 Grand Ave S 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.

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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