NOT LISTED FOR SALE

3502 Newton Ave N Minneapolis, MN 55412

Folwell Neighborhood

Estimated Value: $156,000 - $185,000

2 Beds
1 Bath
720 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $25,000 $35 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $1,058/month

20 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Porch
  • 1-Story Property

About This Home

As of August 2012

Don`t miss this one Great opportunity for investor or owner occupied. Corner lot close to parks, bus line, jogging trails, shopping , downtown and Uptown!!!Not a short sale or Bank owned!!

Last Agent to Sell the Property

Lawrence Lees

RE/MAX Results Listed on: 07/03/2012

Last Buyer's Agent

William Dreischmeier

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 40x128
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Property is near public transit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0902924220164

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Porch
  • Construction: Previously Owned
  • Foundation Size: 720
  • Parcel Number: 0902924220164
  • Projected Closed Date: 09/03/2012
  • Stories: 1 Story
  • Taxes With Assessments: 959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x10, On Level: Main
  • Room 2: Dining Room, 13x9, On Level: Main
  • Room 4: Kitchen, 10x9, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Porch, 14x7, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 720
  • Total Fin Square Footage: 720

Exterior Features

  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1916

Tax Info

  • Year: 2011
  • Tax Value: 1233

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Aug 9, 2012
Sold by
Langseth Ryan F and Langseth Marykay
Bought by
Vang Gao
Seller's Agent
Lawrence Lees
RE/MAX Results
Buyer's Agent
William Dreischmeier
Keller Williams Classic Realty
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Total Days on Market
20
Current Estimated Value
$172,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,053
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Grams Lorraine M
Bought by
Langseth Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Vang Gao $25,000 Rels Title
Langseth Ryan $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langseth Ryan F $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $25,000 -16.4% $35 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $29,900 -- $42 / 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 $1,736 $134,000 $16,000 $118,000
2022 $1,499 $134,000 $13,000 $121,000
2021 $1,533 $109,000 $10,000 $99,000
2020 $1,726 $115,000 $13,100 $101,900
2019 $1,709 $104,500 $8,700 $95,800
2018 $1,414 $88,500 $8,700 $79,800
2017 $5,415 $71,500 $7,900 $63,600
2016 $1,254 $63,500 $7,900 $55,600
2015 $948 $57,500 $7,900 $49,600
2014 -- $57,500 $7,900 $49,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lawrence Lees

    RE/MAX

  • W

    Buyer's Agent in 2012

    William Dreischmeier

    Keller Williams Classic Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4341623

REALTOR® Association of Southern Minnesota

APN: 09-029-24-22-0164

Minnesota Hennepin County Minneapolis 55412 Folwell

3502 Newton Ave N, Minneapolis, MN

This home is located at 3502 Newton Ave N, Minneapolis, MN 55412 since 03 July 2012 and is currently estimated at $172,053, approximately $238 per square foot. This property was built in 1916. 3502 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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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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