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2850 Arthur St NE, Minneapolis, MN, 55418

$480,000

Home List Price

$5,700*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
2,423 SqFt
$198/SqFt
House

Location

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2850 Arthur St NE, Minneapolis$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener
Garage2 spaces
Year Built1931
HeatingSteam
CoolingWindow Unit(s)
BasementYes
MLS #6604987
StatusActive

About 2850 Arthur St NE

Nestled in the heart of Minneapolis, this charming 5-bedroom, 3-bathroom residence offers an ideal blend of comfort and convenience. Step inside to discover a spacious living and dining area, accentuated by large windows that bathe the room in natural light. The kitchen boasts stainless steel appliances, ample cabinets, and a cozy breakfast nook perfect for morning gatherings. Hardwood floors grace the family room, dining room, and main-level bedrooms. The lower level family room includes a second fireplace and a convenient kitchenette which could easily function as a separate living space, featuring its own small kitchen, bath, bedroom, and family room—perfect for guests or in-laws. Outside, a rear porch overlooks a detached garage and expansive concrete driveway, ensuring ample parking. With easy access to I-35W and I-694, plus nearby dining, supermarkets, parks, and golf courses, this home is a haven of modern living.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 2,423 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: St. Anthony Pkwy - west on 29th Ave. NE - south on NE Arthur St. home is on west side of road

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $4,765
  • 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

2850 Arthur St NE vs Minneapolis

51 DAYS ON ROCKET

+17 Days

$480,000

+$130.1K More

$198/SqFt

-$4 Less

KEY TAKEAWAY

This property is $130.1K more than the Median Sold Price and $4/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6604987

Listing Office:

  • Office Name: Real Broker, LLC

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Last updated on: 11/21/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,765$360,500
2019$5,000$344,260
2018$4,991$333,360
2017$4,388$290,850

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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-317584
2
/10
  • Pillsbury Community School

  • 2250 Garfield St NE

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-317585
8
/10
  • Waite Park Community School

  • 1800 34th Ave NE

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-317586
5
/10
  • Wilshire Park Elementary School

  • 3600 Highcrest Rd NE

  • 1.54 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,599. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2850 Arthur St NE

What is the listing price of this property?

The listing price of 2850 Arthur St NE property is $480,000.

What type of property is this?

The property 2850 Arthur St NE is a house located in Minneapolis, Minnesota, 55418.

Is this property for sale now?

Active Listing: 2850 Arthur St NE 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 $4,765 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2850 Arthur St NE has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2850 Arthur St NE is 2,423 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2850 Arthur St NE is 1931.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55418›2850 Arthur St NE

This home is located at 2850 Arthur St NE in Minneapolis, MN and zip code 55418 in the Audubon Park neighborhood. This 2,423 square foot home was built in 1931. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $480,000.

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 number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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