Seller's Agent in 2025
Eda Rivers
Compass
(952) 270-1458
1 in this area
59 Total Sales
3940 16th Ave S Minneapolis, MN 55407
Bancroft Neighborhood
3
Beds
2
Baths
1,172
Sq Ft
5,671
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- The kitchen features windows
- ENERGY STAR Qualified Appliances
- No HOA
- Porch
- Combination Dining and Living Room
About This Home
As of October 2025Charming, turnkey South Minneapolis bungalow on a quiet, tree-lined street in the Bancroft neighborhood. This home features hardwood floors, classic built-ins, tray ceilings, gorgeous Spanish tile backsplash in the kitchen, and a cozy front porch. Clean, unfinished lower level ideal for future expansion or extra storage. In the yard, you will find nutrient rich soil growing mature fruit trees and bushes, grape vines, and more with a wood fired sauna to enhance enjoyment of the property.
Lots of significant updates including: roof (2024), siding (2024), solar panels (2020), and a sewer liner (2019).
Walking distance to Matt's Bar, Tiny Diner, Duck Duck Coffee, Everett's Foods & Meats, and Bancroft Meadows Park.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,121
Year Built
- Built in 1916
Lot Details
- 5,671 Sq Ft Lot
- Lot Dimensions are 46x123x43x122
- Wood Fence
- Many Trees
Parking
- 1 Car Garage
- Garage Door Opener
Interior Spaces
- 1,172 Sq Ft Home
- 1.5-Story Property
- Combination Dining and Living Room
- Basement
- Block Basement Construction
Kitchen
- Range
- ENERGY STAR Qualified Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Radiator
- Boiler Heating System
- 100 Amp Service
- Gas Water Heater
Community Details
- No Home Owners Association
- Monroe Bros Sub Of Lts Herrick Haml Subdivision
Listing and Financial Details
- Assessor Parcel Number 1102824110180
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2025
Closed on
Oct 20, 2025
Sold by
Wilkinson Jacob and Campion Catherine
Bought by
Kofmehl Anne Margaret and Lundy Steven James
Seller's Agent
Eda Rivers
Compass
Buyer's Agent
Erin McCullough
Compass
List Price
$350,000
Sold Price
$350,000
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.11%
Original Mortgage
$315,000
Outstanding Balance
$314,706
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$34,788
Purchase Details
Closed on
Aug 17, 2018
Sold by
Kremer Kate M
Bought by
Wilkinson Jacob and Wilkinson Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2015
Sold by
Krueger Kurt J
Bought by
Kremer Kate M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2013
Sold by
Krueger Kate M and Krueger Kurt J
Bought by
Krueger Kate M and Krueger Kurt J
Purchase Details
Closed on
Mar 31, 1998
Sold by
Kremer David L
Bought by
Kremer Kate M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Chb Title | |
| Warranty Deed | $250,000 | Burnet Title | |
| Quit Claim Deed | -- | All American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $163,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | Sold | $350,000 | 0.0% | $299 / Sq Ft |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- |
| 09/26/2025 09/26/25 | For Sale | $350,000 | -- | $299 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,482 | $296,000 | $107,000 | $189,000 |
| 2023 | $5,084 | $292,000 | $107,000 | $185,000 |
| 2022 | $4,876 | $278,000 | $96,000 | $182,000 |
| 2021 | $4,735 | $256,000 | $77,000 | $179,000 |
| 2020 | $3,446 | $250,500 | $50,000 | $200,500 |
| 2019 | $3,359 | $250,500 | $33,300 | $217,200 |
| 2018 | $3,373 | $238,500 | $33,300 | $205,200 |
| 2017 | $2,962 | $208,500 | $30,300 | $178,200 |
| 2016 | $2,810 | $194,000 | $30,300 | $163,700 |
| 2015 | $2,526 | $170,500 | $30,300 | $140,200 |
| 2014 | -- | $158,500 | $30,300 | $128,200 |
Source: Public Records
Agents Affiliated with this Home
-
Eda Rivers
-
Erin McCullough
Buyer's Agent in 2025
Erin McCullough
Compass
(612) 597-8902
1 in this area
41 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6793830
APN: 11-028-24-11-0180
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