NOT LISTED FOR SALE

38 Arthur Ave SE Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $505,000 - $618,786

6 Beds
2 Baths
1,986 Sq Ft
$277/Sq Ft Est. Value

About This Home

Nestled in the heart of Prospect Park and yet only 1/2 block from University Ave this recently remodeled owner-occupied duplex unit couldn't be in a better location!

Literally steps away from:
Prospect Park Light Rail Station
Fresh Thyme Market
Anytime Fitness
U of M Campus
Prospect Park Methodist Church
Tower Hill Park & Luxton Park
Kitchen was remodeled in 2018, new stainless-steel fridge in 2022, new laminate floors throughout.

The back deck overlooks large fenced in backyard. Large black walnut tree provides shade and excellent bird watching year-round. Current tenants have enjoyed space for 3 years, apply today as this will not last long!

Pets welcome, off street parking available. Free Laundry and second full bath in basement. Shared space for storage and kitchenette. Rent includes utilities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
My Wood Minneapolis Llc
Bought by
Leonard Michael R
Current Estimated Value
$550,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2004
Sold by
Capco Properties Llc
Bought by
Meinholz Jeffrey P and Meinholz Susan A

Purchase Details

Closed on
Mar 29, 2002
Sold by
Peterson Rudolph I
Bought by
Will Janece K

Purchase Details

Closed on
Jan 31, 2000
Sold by
Smyth John Raymond and Smyth Kristin K
Bought by
Peterson Rudolph I
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Leonard Michael R $330,000 Home Title Inc
Meinholz Jeffrey P $230,000 --
Capco Properties Llc $186,000 --
Will Janece K $186,000 --
Peterson Rudolph I $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Michael R $324,022
Closed Will Janece K --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $2,400 -- --
01/11/2025 01/11/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $2,400 -- --
10/01/2024 10/01/24 For Rent $2,400 -- --

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 $7,893 $525,000 $204,000 $321,000
2023 $6,846 $520,000 $216,000 $304,000
2022 $5,423 $452,000 $149,000 $303,000
2021 $5,840 $393,000 $154,000 $239,000
2020 $5,691 $357,500 $117,600 $239,900
2019 $5,844 $322,000 $92,500 $229,500
2018 $3,966 $322,000 $92,500 $229,500
2017 $5,164 $275,500 $84,100 $191,400
2016 $5,328 $275,500 $84,100 $191,400
2015 $5,862 $275,500 $84,100 $191,400
2014 -- $250,500 $80,500 $170,000
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Prospect Park

38 Arthur Ave SE, Minneapolis, MN

This home is located at 38 Arthur Ave SE, Minneapolis, MN 55414 and is currently estimated at $550,947, approximately $277 per square foot. 38 Arthur Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison 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.

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