$475,000
- 2 Beds
- 3.5 Baths
- 2,765 Sq Ft
2936 Monterey Ave S, Minneapolis, MN 55416
Sheri Fine Edina Realty, Inc.
Frequently Asked Questions
Is Fern Hill a good place to live?
Fern Hill is a good place to live. Fern Hill is considered car-dependent and somewhat bikeable with some transit options. Fern Hill is a suburban neighborhood. Fern Hill has 6 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 39. The average household income is $162,934 which is above the national average. College graduates make up 80.1% of residents. A majority of residents in Fern Hill are home owners, with 27.1% of residents renting and 72.9% of residents owning their home. A local real estate agent serving Fern Hill can help you decide if this neighborhood is the right one for you. Learn more on our Fern Hill neighborhood guide.
How much do you need to make to afford a house in Fern Hill?
The median home price in Fern Hill is $557,500. If you put a 20% down payment of $111,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $118K a year to afford the median home price in Fern Hill. The average household income in Fern Hill is $163K.
What are the best public schools in Fern Hill?
The best public schools that serve Fern Hill are:
- St. Louis Park High School has a B+ Niche grade, a student teacher ratio of 21:1 and an average review score of 3.5.
- Susan Lindgren Elementary School has a B+ Niche grade and a student teacher ratio of 12:1.
- St. Louis Park Middle School has a B- Niche grade, a student teacher ratio of 17:1 and an average review score of 4.0.
What are the best private schools in Fern Hill?
The best private schools that serve Fern Hill are:
- Heilicher Minneapolis Jewish Day School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 5.0.
- Breck School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.2.
- Benilde-St Margaret's School has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.1.
What are the most popular zip codes in Fern Hill, Saint Louis Park, MN?
What are the most popular neighborhoods near Fern Hill, Saint Louis Park, MN?
The most popular neighborhoods near Fern Hill, Saint Louis Park, MN are Triangle, Cedar-Isles-Dean, Cedarhurst, West Maka Ska and Birchwood.
Are home prices dropping in Fern Hill?
Yes, home prices in Fern Hill are down 10% in the last 12 months.
