NOT LISTED FOR SALE

3412 1st Ave S Minneapolis, MN 55408

Lyndale Neighborhood

Estimated Value: $339,000 - $383,000

3 Beds
2 Baths
2,144 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $355,000 $166 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,286/month

12 Days on Market

Highlights

  • Hot Water Heating System
  • Washburn High School Rated A-
  • Heating System Uses Steam

About This Home

As of September 2023

Tap into a DREAM interest rate from 2021! The current owner has an assumable FHA mortgage with an interest rate of only 3.25%!Welcome to this beautiful duplex located at 3412 1st Avenue S, Minneapolis! This charming property offers the perfect blend of modern convenience and classic architectural features.Upon entering each unit, you'll be greeted by an inviting living room featuring plenty of natural light. Both units offer plenty of space!Additional features of this property include a shared laundry area in the basement and a detached one-car garage with extra driveway space.The owner installed a new washer, dryer, and water heater last summer, as well as added a fresh coat of paint to each unit.Located in the highly desirable Kingfield neighborhood, this duplex is within walking distance to a wide variety of local shops, restaurants, and parks. Don't miss out on the opportunity to make this stunning property your own!

Last Agent to Sell the Property

CJ Norman

eXp Realty Listed on: 04/25/2023

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1889

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Boiler Heating System

Community Details

  • 2 Units
  • Nicollet Ave Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0302824420091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,127

Year Built

Built in 1889

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1889
  • Above Grade Finished Sq Ft: 2144
  • Water Sewer Expenses: 1500
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2144
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Lyndale

Garage/Parking

  • Parking Features: Detached, Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Hot Water, Steam
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 100
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 7603.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0302824420091
  • Tax Annual Amount: 4127
  • TaxWithAssessments: 4127.0000

Multi Family

  • FuelExpense: 1428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Sep 6, 2023
Sold by
Winslow Colin
Bought by
Dunham Maxwell
Seller's Agent
CJ Norman
eXp Realty
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Views
76
Current Estimated Value
$357,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,815
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Jun 10, 2021
Sold by
Green Door Investments Llc
Bought by
Winslow Colin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2001
Sold by
Gravett Neil H
Bought by
Vogt Eric E
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
Dunham Maxwell $355,000 Cambria Title
Winslow Colin $320,000 North Title Inc
Vogt Eric E $119,900 --
Winslow Colin Colin $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winslow Colin $314,204
Previous Owner Winslow Colin $314,204
Closed Winslow Colin Colin $314,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $355,000 +1.5% $166 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $349,900 -- $163 / 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 $4,557 $354,000 $83,000 $271,000
2022 $3,653 $322,000 $79,000 $243,000
2021 $3,438 $215,000 $63,000 $152,000
2020 $3,456 $195,500 $34,200 $161,300
2019 $3,549 $195,500 $22,800 $172,700
2018 $3,117 $195,500 $22,800 $172,700
2017 $2,774 $148,000 $20,700 $127,300
2016 $2,862 $148,000 $20,700 $127,300
2015 $2,607 $128,500 $20,700 $107,800
2014 -- $122,500 $15,900 $106,600
Source: Public Records

Agents Affiliated with this Home

  • CJ Norman

    Seller's Agent in 2023

    CJ Norman

    eXp Realty

    (612) 799-9069

    3 in this area

    66 Total Sales

    CJ Norman
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Map

Source: NorthstarMLS

MLS Number: 6359980

NorthstarMLS

APN: 03-028-24-42-0091

Minnesota Hennepin County Minneapolis 55408 Lyndale

3412 1st Ave S, Minneapolis, MN

This home is located at 3412 1st Ave S, Minneapolis, MN 55408 since 25 April 2023 and is currently estimated at $357,815, approximately $166 per square foot. This property was built in 1889. 3412 1st Ave S is a home located in Hennepin County with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn High School.

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