NOT LISTED FOR SALE

3540 37th Ave S Minneapolis, MN 55406

Howe Neighborhood

Estimated Value: $213,000 - $842,000

3 Beds
2 Baths
1,165 Sq Ft
$373/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $115,000 $99 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $2,537/month

60 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Longfellow Park

About This Home

As of November 2023

This property is being sold as a teardown only. Amazing Location! This is a great opportunity for someone looking to tear down and build new!

Last Agent to Sell the Property

Michael Smith

Anderson Realty Listed on: 09/07/2023

Co-Listed By

Rebekah Cook

Anderson Realty

Last Buyer's Agent

Michael Smith

Anderson Realty Listed on: 09/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1903

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 127

Parking

  • 1 Car Garage

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Clifton 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0602823310088

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 1165
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 1165
  • Fireplace: No
  • Basement YN: Yes
  • SqFtTotal: 1165.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Neighborhood: Howe

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 150

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40 x 127
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0602823310088
  • Tax Annual Amount: 2462
  • TaxWithAssessments: 5197.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 17, 2023
Sold by
Tharaldson Susan
Bought by
Omeara Rachael and Omeara Brian
Seller's Agent
Michael Smith
Anderson Realty
Buyer's Agent
Michael Smith
Anderson Realty
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Views
238
Current Estimated Value
$434,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,346
Avg. Annual Appreciation
100.52%
Original Mortgage
$89,000
Outstanding Balance
$87,444
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$346,902
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
Omeara Rachael $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omeara Rachael $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $115,000 -14.8% $99 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $135,000 0.0% $116 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $135,000 -10.0% $116 / Sq Ft
09/07/2023 09/07/23 For Sale $150,000 -- $129 / 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
2024 $2,811 $189,000 $126,000 $63,000
2023 $3,303 $208,000 $126,000 $82,000
2022 $2,955 $204,000 $105,000 $99,000
2021 $2,778 $200,000 $87,000 $113,000
2020 $5,890 $181,500 $61,700 $119,800
2019 $2,593 $181,500 $45,900 $135,600
2018 $3,879 $181,500 $45,900 $135,600
2017 $4,361 $150,500 $41,700 $108,800
2016 $6,088 $147,000 $41,700 $105,300
2015 $2,351 $140,500 $41,700 $98,800
2014 -- $129,500 $40,000 $89,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Smith

    Seller's Agent in 2023

    Michael Smith

    Anderson Realty

    (651) 324-6211

    18 in this area

    512 Total Sales

    Michael Smith
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rebekah Cook

    Anderson Realty

    (612) 619-4470

    14 in this area

    226 Total Sales

    Rebekah Cook
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6429652

NorthstarMLS

APN: 06-028-23-31-0088

Minnesota Hennepin County Minneapolis 55406 Howe

3540 37th Ave S, Minneapolis, MN

This home is located at 3540 37th Ave S, Minneapolis, MN 55406 since 07 September 2023 and is currently estimated at $434,346, approximately $372 per square foot. This property was built in 1903. 3540 37th Ave S is a home located in Hennepin County with nearby schools including Howe Elementary School, Hiawatha Community School, and Sanford Middle School.

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