NOT LISTED FOR SALE

3939 Chicago Ave Unit 201 Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $99,000 - $206,000

1 Bed
1 Bath
848 Sq Ft
$427/mo HOA Fee

Last Sold April 19, 2024

Last sale price $104,000 $123 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,433/month

404 Days on Market

Highlights

  • Home Gym
  • Combination Dining and Living Room
  • 5-minute walk to Phelps Park
  • 1 Car Attached Garage
  • Hot Water Heating System

About This Home

As of April 2024

1 bedroom, 1 bath condo located in Minneapolis! This charming condo includes hardwood floors, a 1 car garage and shared amenities. Located near shopping, restaurants and much more!

Last Listed By

Janice Lindquist

Minnesota REO Properties, Inc Listed on: 03/09/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1925

Lot Details

  • 10,411

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 848 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, heating, ground maintenance, trash, lawn care, water
  • New Concepts Association, Phone Number (952) 922-2500
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 1102824210225

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,006

Year Built

Built in 1925

Lot Details

0

HOA Fees

$427 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 848
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 848
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Bancroft

Garage/Parking

  • Parking Features: Attached Garage
  • ParkingOpen: 0

Utilities

  • Heating: Hot Water, Radiator(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Maintenance Grounds, Trash, Lawn Care, Water
  • Phone: 952-922-2500
  • Association Fee: 427
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Natural Woodwork,Tile Floors

Association/Amenities

  • HOA Management Co: New Concepts

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1102824210225
  • Tax Annual Amount: 2006
  • TaxWithAssessments: 2006.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 15, 2024
Sold by
Federal Home Loan Mtg Corp
Bought by
Black Matthew and Drury Shannon
Seller's Agent
Janice Lindquist
Minnesota REO Properties, Inc
Buyer's Agent
Leah Drury
Compass
List Price
$104,900
Sold Price
$104,000
Premium/Discount to List
-$900
-0.86%
Total Days on Market
404
Views
711
Current Estimated Value
$143,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,902
Avg. Annual Appreciation
34.71%

Purchase Details

Closed on
Jul 8, 2022
Sold by
Larson Tara L
Bought by
Bank Of America Na

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
Black Matthew $104,000 Mortgage Connect
Bank Of America Na $108,474 Logs Legal Group Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Tara L $125,900
Previous Owner Larson Tara L $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $104,000 0.0% $123 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/13/2024 04/13/24 Off Market $104,000 -- --
12/28/2023 12/28/23 For Sale $104,900 0.0% $124 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $104,900 -12.5% $124 / Sq Ft
08/16/2023 08/16/23 For Sale $119,900 0.0% $141 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/11/2023 06/11/23 Price Changed $119,900 -11.1% $141 / Sq Ft
05/26/2023 05/26/23 Price Changed $134,900 -10.0% $159 / Sq Ft
05/10/2023 05/10/23 Price Changed $149,900 -9.1% $177 / Sq Ft
04/25/2023 04/25/23 Price Changed $164,900 -6.8% $194 / Sq Ft
03/09/2023 03/09/23 For Sale $176,900 -- $209 / 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 $2,410 $185,000 $13,000 $172,000
2022 $2,006 $165,000 $11,000 $154,000
2021 $1,742 $165,000 $6,700 $158,300
2020 $1,818 $151,000 $6,700 $144,300
2019 $1,483 $146,500 $6,700 $139,800
2018 $1,355 $122,000 $6,700 $115,300
2017 $1,145 $99,000 $6,700 $92,300
2016 $1,399 $109,000 $6,700 $102,300
2015 $1,108 $89,000 $6,700 $82,300
2014 -- $93,000 $6,700 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6341071

NorthstarMLS

APN: 11-028-24-21-0225