NOT LISTED FOR SALE

4035 Penn Ave N Minneapolis, MN 55412

Victory Neighborhood

Estimated Value: $271,000 - $286,000

3 Beds
1.5 Baths
1,321 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $270,000 $204 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,757/month

2 Days on Market

Highlights

  • Family Room with Fireplace
  • Patio
  • 1-Story Property
  • No HOA
  • Storage Room
  • Combination Dining and Living Room

About This Home

As of April 2023

Beautiful Victory neighborhood home with a fabulous open floor plan. Many nice updates throughout including stunning remodeled kitchen and gorgeous tile bath, newer windows, updated light fixtures, and meticulous attention to detail. Three bedrooms on 1 level. Huge lower level family room with an electric fireplace perfect for movie night and a convenient half bath. The main floor also features classic coved ceilings and hardwood floors. New patio door installed in 2022 leads to a beautiful privacy fenced back yard with patio. Enjoy nearby Victory Memorial Drive, Dancing Bear Chocolate, The Yoga Room, Tori 44, Get Down Coffee Company, North Market, and Webber Park & Pool. Easy access to downtown BRT. Must see to appreciate!

Last Agent to Sell the Property

Stephanie Gruver

RE/MAX Results Listed on: 03/16/2023

RE/MAX Results

Last Buyer's Agent

Kieran Houlahan

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1918

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Boiler Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Thorpe Bros William Penn Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0502924140211

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1025
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Storage Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric, Family Room
  • Living Area: 1321
  • Fireplace: No
  • Below Grade Finished Sq Ft: 296
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Patio, Laundry, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • PoolFeatures: None
  • Fencing: Privacy, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Victory
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 280

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Main Floor Primary Bedroom,Patio,Paneled Doors,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x130
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0502924140211
  • Tax Annual Amount: 2830
  • TaxWithAssessments: 2829.7200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 28, 2023
Sold by
Sims Erin B and Sims Colin T
Bought by
Xiong Siab Zoo
Seller's Agent
Stephanie Gruver
RE/MAX Results
Buyer's Agent
Kieran Houlahan
RE/MAX Advantage Plus
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Views
29
Current Estimated Value
$278,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,477
Avg. Annual Appreciation
1.29%
Original Mortgage
$275,805
Outstanding Balance
$264,163
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$14,314

Purchase Details

Closed on
Jun 15, 2016
Sold by
Michels Aaron P and Michels Love
Bought by
Sims Colin T and Germer Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2012
Sold by
Hines Ruth A
Bought by
Michels Aaron P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,012
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2003
Sold by
Lindeen Judith D
Bought by
Michels Aaron P and Hines Ruth A
Source: Public Records

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
Xiong Siab Zoo $270,000 None Listed On Document
Sims Colin T $170,000 Titlesmart Inc
Michels Aaron P -- Rels Title
Michels Aaron P $144,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong Siab Zoo $275,805
Previous Owner Sims Colin T $166,920
Previous Owner Michels Aaron P $120,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $270,000 +8.0% $204 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $249,900 -- $189 / 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
2024 $3,370 $250,000 $41,000 $209,000
2023 $2,787 $230,000 $39,000 $191,000
2022 $2,453 $232,000 $38,000 $194,000
2021 $2,064 $196,000 $8,000 $188,000
2020 $2,096 $174,000 $18,300 $155,700
2019 $1,861 $165,500 $18,300 $147,200
2018 $1,670 $146,500 $18,300 $128,200
2017 $1,347 $112,000 $16,600 $95,400
2016 $1,308 $107,000 $16,600 $90,400
2015 $1,178 $96,000 $16,600 $79,400
2014 -- $96,000 $16,600 $79,400
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Gruver

    Seller's Agent in 2023

    Stephanie Gruver

    RE/MAX Results

    (612) 581-5842

    34 in this area

    229 Total Sales

    Stephanie Gruver
    Section Image
  • Kieran Houlahan

    Buyer's Agent in 2023

    Kieran Houlahan

    RE/MAX Advantage Plus

    (612) 323-7420

    1 in this area

    99 Total Sales

    Kieran Houlahan
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6342795

NorthstarMLS

APN: 05-029-24-14-0211

Minnesota Hennepin County Minneapolis 55412 Victory

4035 Penn Ave N, Minneapolis, MN

This home is located at 4035 Penn Ave N, Minneapolis, MN 55412 since 16 March 2023 and is currently estimated at $278,477, approximately $210 per square foot. This property was built in 1918. 4035 Penn Ave N is a home located in Hennepin County with nearby schools including Loring Elementary School, Olson Middle School, and Sojourner Truth Academy.

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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