NOT LISTED FOR SALE

3501 Newton Ave N Minneapolis, MN 55412

Folwell Neighborhood

Estimated Value: $209,000 - $221,495

3 Beds
1 Bath
1,302 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $39,000 $30 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $1,363/month

150 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Woodwork
  • Formal Dining Room
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of November 2012

Great 3 bedroom 1 1/2 story featuring hardwood floors, beautiful woodwork and formal dining room. convenient location. Needs some work but will be worth it!

Last Agent to Sell the Property

Rodney Schimmel

Weichert, Realtors-Premier Listed on: 05/11/2012

Last Buyer's Agent

Brian Hallblade

Hallblade Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,587

Year Built

  • 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 12

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,302 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 0902924220192

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,587

Year Built

1926

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.13
  • Construction: Previously Owned
  • Foundation Size: 1012
  • Parcel Number: 0902924220192
  • Projected Closed Date: 11/13/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1477.98
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 4: Kitchen, 14x8, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Room 7: 17x25, On Level: Upper
  • Room 9: Sunroom/Solarium, 10x7, On Level: Main
  • Room 10: Dining Room, 8x8, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1302
  • Total Fin Square Footage: 1302

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Gravity

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40.00 X 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Zhicay Lazo Martha A
Bought by
Gordon Nicholas and Gordon Heather
Current Estimated Value
$216,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2017
Sold by
Johnson Charles P
Bought by
Zhicay Lazo Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Nov 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnson Charles P
Seller's Agent
Rodney Schimmel
Weichert, Realtors-Premier
Buyer's Agent
Brian Hallblade
Hallblade Realty, Inc
List Price
$86,000
Sold Price
$39,000
Premium/Discount to List
-$47,000
-54.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%
Original Mortgage
$40,000
Interest Rate
3.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 25, 2012
Sold by
Larson Kevin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 30, 2002
Sold by
Love Lynell and Love Barry
Bought by
Larson Kevin and Bates Larson Amber

Purchase Details

Closed on
Apr 30, 1999
Sold by
High Tempo Services Corp
Bought by
Love Lynell and Love Barry

Purchase Details

Closed on
Jul 7, 1998
Sold by
Knutson Mtg Corp
Bought by
High Tempo Services Corp
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
Gordon Nicholas $178,000 Title Specialists Inc
Zhicay Lazo Martha A $103,000 Title Specialists Inc
Johnson Charles P -- None Available
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank Na $52,000 --
Wells Fargo Bank Na $52,000 None Available
Larson Kevin $129,000 --
Love Lynell $67,500 --
High Tempo Services Corp $46,000 --
Gordon Nicholas Nicholas $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Nicholas $174,775
Previous Owner Zhicay Lazo Martha A $97,850
Previous Owner Johnson Charles P $40,000
Closed Gordon Nicholas Nicholas $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $39,000 -54.7% $30 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $86,000 -- $66 / 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
2024 $2,587 $201,000 $18,000 $183,000
2023 $2,128 $183,000 $16,000 $167,000
2022 $1,912 $174,000 $13,000 $161,000
2021 $1,759 $139,000 $10,000 $129,000
2020 $1,723 $132,000 $9,800 $122,200
2019 $1,969 $120,000 $6,500 $113,500
2018 $1,552 $120,000 $6,500 $113,500
2017 $1,634 $91,000 $5,900 $85,100
2016 $1,498 $79,000 $5,900 $73,100
2015 $1,154 $70,000 $5,900 $64,100
2014 -- $70,000 $8,400 $61,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rodney Schimmel

    Weichert, Realtors-Premier

  • B

    Buyer's Agent in 2012

    Brian Hallblade

    Hallblade Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4128206

REALTOR® Association of Southern Minnesota

APN: 09-029-24-22-0192

Minnesota Hennepin County Minneapolis 55412 Folwell

3501 Newton Ave N, Minneapolis, MN

This home is located at 3501 Newton Ave N, Minneapolis, MN 55412 since 11 May 2012 and is currently estimated at $216,374, approximately $166 per square foot. This property was built in 1926. 3501 Newton Ave N is a home located in Hennepin County with nearby schools including Lucy Craft Laney at Cleveland Park Community School, Olson Middle School, and Sojourner Truth Academy.

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