5 months on rocket

2755 Penn Ave N, Minneapolis, MN, 55411

$125,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6542974
StatusActive

About 2755 Penn Ave N

Ready to build. Water and Electrical connected. Duplex and Single family home are allowed.

Property Details

Property Features

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

Other

Directions Information:

  • Directions: Highway 94 to Lowry (West) to Penn (South)

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $211
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2755 Penn Ave N vs Minneapolis

178 DAYS ON ROCKET

+144 Days

$125,000

-$224.8K Less

KEY TAKEAWAY

This property is $224.8K less than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6542974

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

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Last updated on: 11/21/2024, 9:22:49 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

Mar 05, 2018Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2020$211$4,300
2019$474$4,300
2018$77$4,300
2017$320$4,300

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

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-435176
1
/10
  • Lucy Craft Laney Community School at Cleveland Park

  • 3333 Penn Ave N

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-435177
1
/10
  • Nellie Stone Johnson Community School

  • 807 27th Ave N

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-435178
1
/10
  • Cityview Community School

  • 3350 N 4th St

  • 1.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,229. Residents of Minneapolis, MN typically earn less than $35k each year. The most common type of family is 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 2755 Penn Ave N

What is the listing price of this property?

The listing price of 2755 Penn Ave N property is $125,000.

What type of property is this?

The property 2755 Penn Ave N is land located in Minneapolis, Minnesota, 55411.

Is this property for sale now?

Active Listing: 2755 Penn Ave N 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 $211 (source: MLS/based on county public records data).

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

The last sale was on March 5, 2018 for $12,000. (source: MLS/tax record).
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Rocket HomesMinnesotaHennepin CountyMinneapolis554112755 Penn Ave N

This home is located at 2755 Penn Ave N in Minneapolis, MN and zip code 55411 in the Near North neighborhood. It has been listed on Rocket Homes since May 27, 2024 and is currently priced at $125,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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