NOT LISTED FOR SALE

3538 Garfield Ave Unit 201 Minneapolis, MN 55408

Lyndale Neighborhood

Estimated Value: $199,000 - $255,000

2 Beds
1 Bath
958 Sq Ft
$300/mo HOA Fee

Last Sold May 17, 2023

Last sale price $232,000 $242 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,819/month

11 Days on Market

Highlights

  • Multiple Garages
  • The kitchen features windows
  • Living Room
  • Washburn High School Rated A-
  • Patio
  • 5-minute walk to Painter Park

About This Home

As of May 2023

Classic 1922 fourplex converted to condominiums and renovated in 2007. New wiring, plumbing, heating, modern appliances, and finishes at that time, as well as new granite countertops and plumbing fixtures. Laundry in unit, with new (2021), full-size, frontloading washer & dryer. FreedomRail closet organizers in bedroom and laundry closets. Original millwork, panel doors, and hardwood flooring. Front and back entries to the building and the condo unit. Single garage-stall parking. Basement storage and shared outdoor patio with patio furniture and gas grill. Painter Park is less than 2 blocks away. Many neighborhood amenities. Pictures and 3D tour show 2 window air conditioner units that are removed and not included in the sale. See Supplements for Floor Plan. Licensed for Rentals.

Last Listed By

Jeff McCurdy

Bridge Realty, LLC Listed on: 04/12/2023

Bridge Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1922

Lot Details

  • Partially Fenced Property
  • Wood Fence

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Multiple Garages
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 958 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • Association fees include ground maintenance, trash, shared amenities, water
  • Self Managed Association, Phone Number (207) 251-1953
  • Low-Rise Condominium
  • Lyndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0302824320312

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,066

Year Built

Built in 1922

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Fee Frequency: Monthly
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 958
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Block, Full, Storage Space, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 958
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Rolled/Hot Mop, Flat
  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Lyndale

Garage/Parking

  • Parking Features: Assigned, Detached, Asphalt, Garage Door Opener, Multiple Garages, No Int Access to Dwelling
  • Garage Square Feet: 182
  • Garage Door Height: 7

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash, Shared Amenities, Water
  • Phone: 207-251-1953
  • Association Fee: 300
  • Association: Yes
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Self-Managed

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 50x122
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0302824320312
  • Tax Annual Amount: 3066
  • TaxWithAssessments: 3138.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 17, 2023
Sold by
Forsman Beverly G and Forsman Donald A
Bought by
Pretti Alex Jeffrey
Seller's Agent
Jeff McCurdy
Bridge Realty, LLC
Buyer's Agent
Traci Preciado
Engel & Volkers Minneapolis Downtown
List Price
$224,900
Sold Price
$232,000
Premium/Discount to List
$7,100
3.16%
Total Days on Market
11
Views
31
Current Estimated Value
$223,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,166
Avg. Annual Appreciation
-1.77%
Original Mortgage
$220,400
Outstanding Balance
$215,797
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$8,037

Purchase Details

Listed on
Sep 3, 2014
Closed on
Nov 4, 2015
Sold by
Tuohy Carolyn Carolyn
Bought by
Forsman Beverly Beverly
Seller's Agent
Christopher Willette
Lakes Sotheby's International Realty
List Price
$219,900
Sold Price
$186,500
Premium/Discount to List
-$33,400
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Keller I Llc
Bought by
Tuchy Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Pretti Alex Jeffrey $231,764 None Listed On Document
Forsman Beverly Beverly $186,500 --
Tuchy Carolyn A $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pretti Alex Jeffrey $220,400
Previous Owner Tuohy Carolyn A $184,000
Previous Owner Tuohy Carolyn A $179,200
Previous Owner Tuohy Carolyn A $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $232,000 +3.2% $242 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $224,900 +20.6% $235 / Sq Ft
11/03/2015 11/03/15 Sold $186,500 -6.7% $170 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/03/2015 09/03/15 Price Changed $199,900 -2.4% $182 / Sq Ft
05/18/2015 05/18/15 Price Changed $204,900 -6.8% $186 / Sq Ft
09/03/2014 09/03/14 For Sale $219,900 -- $200 / 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 $3,263 $250,000 $37,000 $213,000
2022 $3,262 $233,000 $37,000 $196,000
2021 $3,040 $230,000 $31,000 $199,000
2020 $3,196 $221,500 $26,400 $195,100
2019 $3,293 $215,000 $26,400 $188,600
2018 $3,020 $215,000 $26,400 $188,600
2017 $2,933 $190,500 $26,400 $164,100
2016 $3,030 $190,500 $26,400 $164,100
2015 $2,797 $167,500 $26,400 $141,100
2014 -- $157,000 $26,400 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6353679

NorthstarMLS

APN: 03-028-24-32-0312