19 days on rocket

2425 31st Ave S, Minneapolis, MN, 55406

$242,900

Home List Price

$2,884*

Closing Credit

3 Bedrooms
1 Full Bath
1,066 SqFt
$228/SqFt
House

Location

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2425 31st Ave S, Minneapolis$242,900

Buyer Closing Credits

$2,884*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1903
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6642516
StatusActive

About 2425 31st Ave S

This charming 1.5-story home in the desirable Seward neighborhood features 3 bedrooms and 1 bathroom, offering great potential for those willing to invest some TLC. With a Jack and Jill layout on the main level and a wide 1-stall garage, this property is ideal for buyers looking for a project to make their own. Being sold As Is, it provides an excellent opportunity to customize and transform into your dream home.

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: HOMESTEAD ROAD

Interior Features

Interior Information:

  • Appliances: Dryer, Freezer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Starting- 25th St E & 31st Ave S Bus Stop ID: 17599, Head west on E 25th St toward S 31st Ave, Turn right at the 1st cross street onto S 31st Ave, Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $242,900
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $3,242
  • 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

$350K

Med. Price/SqFt

$202

Avg. Days On Market

40

# of Sold Homes

875

2425 31st Ave S vs Minneapolis

19 DAYS ON ROCKET

-21 Days

$242,900

-$107.1K Less

$228/SqFt

+$25 More

KEY TAKEAWAY

This property is $107.1K less than the Median Sold Price and $25/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: #6642516

Listing Office:

  • Office Name: HOMESTEAD ROAD

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Last updated on: 1/14/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,242$255,000
2019$3,217$220,000
2018$3,317$220,000
2017$2,972$179,125

History based on county public records data.

Payment Calculator

$1,280

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$795

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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-2549501
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.37 miles

  • Public Charter Grades KG-6

school-card-donut-2549502
1
/10

  • Anishinabe Academy

  • 3100 E 28th St

  • 0.40 miles

  • Public Magnet Grades PK-5

school-card-donut-2549503
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 0.48 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,174. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2425 31st Ave S

What is the listing price of this property?

The listing price of 2425 31st Ave S property is $242,900.

What type of property is this?

The property 2425 31st Ave S is a house located in Minneapolis, Minnesota, 55406.

Is this property for sale now?

Active Listing: 2425 31st Ave S 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 $3,242 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2425 31st Ave S has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2425 31st Ave S is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2425 31st Ave S is 1903.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›2425 31st Ave S

This home is located at 2425 31st Ave S in Minneapolis, MN and zip code 55406 in the Seward neighborhood. This 1,066 square foot home was built in 1903. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $242,900.

Minneapolis, MN housing market in December 2024 saw over 289 listings sold above listed price, more than 179 sold at listed price and over 405 sold below. In December 2024 in Minneapolis, MN there were 11.9% less homes for sale than in November 2024. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $350,000.

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

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