3738 Morgan Ave N Minneapolis, MN 55412
Folwell NeighborhoodEstimated payment $1,568/month
Highlights
- No HOA
- Porch
- Entrance Foyer
- The kitchen features windows
- Living Room
- Forced Air Heating and Cooling System
About This Home
Charming story-and-a-half in the Folwell neighborhood, offering early 1900s character with modern updates. Recent improvements include refinished countertops, new shower tile, fresh carpet, exposed wood floors, updated fixtures, and new concrete steps. Inside you’ll find two living areas, a dining room, a cozy three-season porch, and a private fenced yard with mature trees plus a two-car garage. The finished basement provides additional living space with potential to add a legal bedroom and half-bath for future value. Flexible layout makes it ideal for first-time buyers, co-living, or renting bedrooms to generate income. Conveniently located near Folwell Park, metro transit bus lines, shops, and dining. Eligible for homebuyer grants and down payment assistance programs, making it a smart and affordable investment. Make this your new home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,906
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x126
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- Entrance Foyer
- Family Room
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Partial Basement
- Natural lighting in basement
Additional Features
- Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Joseph Lowrys Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0402924330040
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,207 | $208,000 | $16,000 | $192,000 |
| 2022 | $2,230 | $208,000 | $13,000 | $195,000 |
| 2021 | $2,310 | $181,000 | $10,000 | $171,000 |
| 2020 | $2,220 | $191,000 | $10,400 | $180,600 |
| 2019 | $2,163 | $173,500 | $6,900 | $166,600 |
| 2018 | $1,858 | $151,000 | $6,900 | $144,100 |
| 2017 | $1,740 | $121,000 | $6,300 | $114,700 |
| 2016 | $1,585 | $108,500 | $6,300 | $102,200 |
| 2015 | $1,152 | $94,500 | $6,300 | $88,200 |
| 2014 | -- | $94,500 | $8,900 | $85,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | Price Changed | $249,000 | -2.4% | $147 / Sq Ft |
| 08/15/2025 08/15/25 | Price Changed | $255,000 | -1.9% | $150 / Sq Ft |
| 08/01/2025 08/01/25 | For Sale | $260,000 | -- | $153 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $209,000 | Minnesota Title | |
| Warranty Deed | $126,500 | -- | |
| Foreclosure Deed | $32,000 | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $110,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,209 | FHA | |
| Closed | $5,000 | FHA | |
| Closed | $5,000 | Unknown | |
| Closed | $197,130 | New Conventional | |
| Previous Owner | $78,400 | Credit Line Revolving | |
| Previous Owner | $87,700 | New Conventional | |
| Previous Owner | $4,000 | Unknown |
Source: NorthstarMLS
MLS Number: 6759868
APN: 04-029-24-33-0040
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