20 days on rocket

1806 Chestnut Ave, Minneapolis, MN, 55405

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
720 SqFt
$313/SqFt
House

Location

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1806 Chestnut Ave, Minneapolis$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1970
HeatingGeothermal
CoolingCentral Air
BasementYes
MLS #6625907
StatusActive

About 1806 Chestnut Ave

INVESTOR SPECIAL! CASH OR REHAB LOAN ONLY. Discover the potential of 1806 Chestnut Ave, an investor's dream located in the sought-after Bryn Mawr neighborhood of Minneapolis, MN 55405. This AS-IS property presents a unique opportunity for those looking to invest in a vibrant community with a promising future. With its classic architecture and spacious layout, this home is brimming with possibilities for renovation and customization. The property requires some TLC, and the buyer will need to assume city repairs, making it an ideal project for seasoned investors or ambitious homeowners ready to create their dream space. The generous lot size offers ample room for expansion or landscaping enhancements, allowing you to maximize the property's value. Situated just a stone's throw from downtown Minneapolis, this location provides easy access to a plethora of amenities. Enjoy the nearby Theodore Wirth Park for outdoor adventures, or explore the eclectic mix of shops, cafes, and restaurants in the Bryn Mawr neighborhood. This property is surrounded by potential and is ready for a visionary to bring it to life.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 720 SqFt

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Geothermal
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-94 W to Glenwood Ave N, then turn onto Chestnut Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $3,277
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1806 Chestnut Ave vs Minneapolis

20 DAYS ON ROCKET

-14 Days

$225,000

-$124.8K Less

$313/SqFt

+$111 More

KEY TAKEAWAY

This property is $124.8K less than the Median Sold Price and $111/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6625907

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

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Last updated on: 11/21/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2013Home Sold
$206,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,277$246,000
2019$3,087$214,000
2018$2,651$178,500
2017$2,561$171,500

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-498524
1
/10

  • Bryn Mawr Community School

  • 252 Upton Ave S

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-498525
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-498526
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 1.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,662. Most Minneapolis, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1806 Chestnut Ave

What is the listing price of this property?

The listing price of 1806 Chestnut Ave property is $225,000.

What type of property is this?

The property 1806 Chestnut Ave is a house located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 1806 Chestnut Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,277 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 27, 2013 for $206,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1806 Chestnut Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1806 Chestnut Ave is 720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1806 Chestnut Ave is 1970.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›1806 Chestnut Ave

This home is located at 1806 Chestnut Ave in Minneapolis, MN and zip code 55405 in the Near North neighborhood. This 720 square foot home was built in 1970. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $225,000.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024 median list price was $349,843 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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