NOT LISTED FOR SALE

3901 11th Ave S Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $393,000 - $406,000

6 Beds
2 Baths
2,446 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $377,500 $154 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,641/month

9 Days on Market

About This Home

As of June 2023

Welcome to this charming side-by-side duplex located on a corner lot in the Standish neighborhood of Minneapolis. This well-maintained property features two units, each with three bedrooms and one bathroom. Both units offer comfortable living space with natural light and hardwood floors throughout. The updated kitchens feature stainless steel appliances, and the laundry is conveniently located in-unit. Enjoy the private back porch area and spacious yard for outdoor activities and relaxation. The location is ideal, just blocks from parks, restaurants, and shops on 38th St and Hiawatha, and easy access to public transportation. Each unit has a separate basement with ample space for storage. This is a great investment opportunity for owner-occupants or investors looking for rental income. Don't miss out on this gem - schedule your showing today!

Last Agent to Sell the Property

Samuel Foltz

Roseville Realty Listed on: 05/23/2023

Last Buyer's Agent

Chris Hanson

Greenwell Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 42 x 122
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2,446 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Chicago Ave Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, fuel, percent rent
  • The owner pays for trash collection, water
  • Assessor Parcel Number 1102824210214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,644

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2446
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2446
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Porch
  • Appliances: Range,Stainless Steel Appliances
  • Number Of Fireplaces: 0
  • Total Rooms: 8
  • Amenities: Porch
  • Appliances: Range,Stainless Steel Appliances
  • Total Rooms: 8
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • ConstructionMaterialsDesc: Stone
  • Neighborhood: Bancroft
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Gravel, Concrete
  • Garage Square Feet: 0

Utilities

  • Heating: Boiler, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 42 x 122
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1102824210214
  • Tax Annual Amount: 5644
  • TaxWithAssessments: 5644.3200

Multi Family

  • TenantPays: Electricity, Fuel, Percent Rent
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 29, 2023
Sold by
Ambuel Brian and Brown Anna
Bought by
Trinh-Sy Jeff
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Chris Hanson
Greenwell Realty
List Price
$360,000
Sold Price
$377,500
Premium/Discount to List
$17,500
4.86%
Views
119
Current Estimated Value
$398,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,590
Avg. Annual Appreciation
2.46%
Original Mortgage
$286,130
Outstanding Balance
$280,275
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$117,250

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 25, 2023
Sold by
Ambuel Brian Philip and Ambuel Anna
Bought by
Trinh-Sy Jeff
Seller's Agent
Samuel Foltz
Roseville Realty
Buyer's Agent
Chris Hanson
Greenwell Realty
List Price
$360,000
Sold Price
$377,500
Premium/Discount to List
$17,500
4.86%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,130
Outstanding Balance
$280,275
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$117,250

Purchase Details

Closed on
Jan 7, 2019
Sold by
Dick Stephen M and Dick Heidi B
Bought by
Ambuel Brian Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2017
Sold by
Dick Benson Llc
Bought by
Dick Stephen M and Dickdick Heidi B
Source: Public Records

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
Trinh-Sy Jeff $377,500 --
Trinh-Sy Jeff $366,397 Dca Title
Ambuel Brian Philip $327,500 Trademark Title Svcs Inc
Dick Stephen M -- Trademark Title Services
Dick Stephen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh-Sy Jeff $286,130
Closed Trinh-Sy Jeff $283,125
Previous Owner Ambuel Brian Philip $247,500
Previous Owner Ambuel Brian Philip $245,625
Previous Owner Dick Stephen M $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $377,500 +4.9% $154 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $360,000 -4.6% $147 / Sq Ft
05/26/2023 05/26/23 Off Market $377,500 -- --
05/24/2023 05/24/23 For Sale $360,000 -- $147 / 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 $5,540 $347,000 $103,000 $244,000
2022 $5,690 $351,000 $98,000 $253,000
2021 $4,939 $335,000 $51,000 $284,000
2020 $5,642 $302,000 $49,700 $252,300
2019 $5,484 $302,000 $33,100 $268,900
2018 $5,027 $302,000 $33,100 $268,900
2017 $7,327 $227,500 $30,100 $197,400
2016 $5,224 $213,500 $30,100 $183,400
2015 $4,480 $185,500 $30,100 $155,400
2014 -- $168,500 $30,100 $138,400
Source: Public Records

Agents Affiliated with this Home

  • Samuel Foltz

    Seller's Agent in 2023

    Samuel Foltz

    Roseville Realty

    (651) 434-7575

    1 in this area

    120 Total Sales

    Section Image
  • Chris Hanson

    Buyer's Agent in 2023

    Chris Hanson

    Greenwell Realty

    (612) 325-6142

    1 in this area

    27 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6324564

NorthstarMLS

APN: 11-028-24-21-0214

Minnesota Hennepin County Minneapolis 55407 Bancroft

3901 11th Ave S, Minneapolis, MN

This home is located at 3901 11th Ave S, Minneapolis, MN 55407 since 23 May 2023 and is currently estimated at $401,151, approximately $164 per square foot. This property was built in 1905. 3901 11th Ave S is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen United Middle School, and South Senior High School.

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