NOT LISTED FOR SALE

3420 3420 Park-Terrace- Minneapolis, MN 55406

Howe Neighborhood

Estimated Value: $702,000 - $842,000

3 Beds
2.5 Baths
1,834 Sq Ft
$410/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $450,164 $245 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,815/month

1 Day on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 1 Car Detached Garage
  • Vaulted Ceiling
  • Formal Dining Room
  • Fireplace

About This Home

As of April 2013

SOLD before print.

Last Agent to Sell the Property

Elaine Anderson

Coldwell Banker Burnet Listed on: 12/20/2012

Last Buyer's Agent

Elaine Anderson

Coldwell Banker Burnet Listed on: 12/20/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,710

Year Built

  • 1934

Lot Details

  • 5,227 Sq Ft Lot
  • Few Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0502823320070

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,710

Year Built

1934

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 1048
  • Parcel Number: 0502823320070
  • Projected Closed Date: 04/01/2013
  • Stories: 2 Story
  • Taxes With Assessments: 3310
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1834
  • Total Fin Square Footage: 1834

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 53x112x51x
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2012
Closed on
Apr 2, 2013
Sold by
Ridge Construction Llc
Bought by
Scheife Ryan and Forte Julie Z
Seller's Agent
Elaine Anderson
Coldwell Banker Burnet
Buyer's Agent
Elaine Anderson
Coldwell Banker Burnet
List Price
$444,829
Sold Price
$450,164
Premium/Discount to List
$5,335
1.2%
Current Estimated Value
$751,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,684
Avg. Annual Appreciation
4.26%
Original Mortgage
$400,500
Outstanding Balance
$284,307
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$473,276

Purchase Details

Closed on
Dec 5, 2012
Sold by
Revsbech Eunice
Bought by
Ridge Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.31%
Mortgage Type
Unknown
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
Scheife Ryan -- Burnet Title
Ridge Construction Llc $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheife Ryan $400,500
Previous Owner Ridge Construction Llc $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2013 04/02/13 Sold $450,164 +1.2% $245 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/20/2012 12/20/12 For Sale $444,829 -- $243 / 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 $9,710 $699,000 $277,000 $422,000
2022 $9,070 $669,000 $214,000 $455,000
2021 $9,543 $626,000 $187,000 $439,000
2020 $9,617 $659,000 $99,200 $559,800
2019 $9,900 $619,000 $71,400 $547,600
2018 $8,941 $619,000 $71,400 $547,600
2017 $7,899 $494,000 $64,900 $429,100
2016 $7,403 $465,500 $64,900 $400,600
2015 $7,096 $425,000 $64,900 $360,100
2014 -- $195,000 $62,000 $133,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elaine Anderson

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4425589

REALTOR® Association of Southern Minnesota

APN: 05-028-23-32-0070

Minnesota Hennepin County Minneapolis 55406 Howe

3420 3420 Park-Terrace-, Minneapolis, MN

This home is located at 3420 3420 Park-Terrace-, Minneapolis, MN 55406 since 20 December 2012 and is currently estimated at $751,848, approximately $409 per square foot. This property was built in 1934. 3420 3420 Park-Terrace- is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling 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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