NOT LISTED FOR SALE

3721 Portland Ave Minneapolis, MN 55407

Central Neighborhood

Estimated Value: $365,585 - $457,000

5 Beds
2 Baths
2,652 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $187,000 $71 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,688/month

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Woodwork
  • Washburn High School Rated A-
  • Fireplace

About This Home

As of January 2015

Original Woodwork, Fireplace and 10 ft. ceilings. Great Yard!

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 01/01/2015

Last Buyer's Agent

Artemisa Boston

Realty Executives Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1896

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x117
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,652 Sq Ft Home
  • Woodwork
  • Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Property is near public transit
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,701

Year Built

Built in 1896

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 01/23/2015
  • Street Designation: Avenue
  • Taxes With Assessments: 3701
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2652
  • Total Fin Square Footage: 2652

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 50x117

Rental Info

  • Owner Expense: Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1896

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2014
  • Tax Value: 3701

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
Jan 16, 2015
Sold by
Kelly Albert
Bought by
Guaman Lucia D
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Artemisa Boston
Realty Executives Results
List Price
$184,900
Sold Price
$187,000
Premium/Discount to List
$2,100
1.14%
Total Days on Market
0
Current Estimated Value
$412,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,896
Avg. Annual Appreciation
7.92%
Original Mortgage
$183,607
Outstanding Balance
$143,216
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$269,680
Source: Public Records

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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
Guaman Lucia D $187,000 Title Recording Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guaman Lucia D $183,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $187,000 +1.1% $71 / Sq Ft
01/01/2015 01/01/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $184,900 -- $70 / 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 $4,436 $346,000 $73,000 $273,000
2022 $4,238 $325,000 $65,000 $260,000
2021 $4,121 $314,000 $43,000 $271,000
2020 $4,056 $315,500 $36,600 $278,900
2019 $3,753 $289,500 $24,400 $265,100
2018 $3,212 $263,000 $24,400 $238,600
2017 $3,536 $228,500 $22,200 $206,300
2016 $4,171 $216,000 $22,200 $193,800
2015 $3,643 $180,000 $22,200 $157,800
2014 -- $170,000 $22,200 $147,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jason Reed

    RE/MAX

  • A

    Buyer's Agent in 2015

    Artemisa Boston

    Realty Executives Results

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4704429

REALTOR® Association of Southern Minnesota

APN: 02-028-24-33-0188

Minnesota Hennepin County Minneapolis 55407 Central

3721 Portland Ave, Minneapolis, MN

This home is located at 3721 Portland Ave, Minneapolis, MN 55407 since 01 January 2015 and is currently estimated at $412,896, approximately $155 per square foot. This property was built in 1896. 3721 Portland Ave is a home located in Hennepin County with nearby schools including Barton Elementary School, Justice Page Middle School, and Washburn 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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