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2929 Salem Ave, Saint Louis Park, MN, 55416

$748,000

Home List Price

$8,883*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,880 SqFt
$260/SqFt
House

Location

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2929 Salem Ave, Saint Louis Park$748,000

Buyer Closing Credits

$8,883*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt
Garage2 spaces
Year Built1933
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceElectric
MLS #6647690
StatusActive

About 2929 Salem Ave

Incredible two-story home in the Fern Hill neighborhood of St. Louis Park. Open-concept main level floor plan w/ 9' ceilings, electric fireplace, solid hardwood floors, office (or bedroom), mudroom and 1/2 bath. Large kitchen features stainless steel appliances, quartz countertops, center island +walk-in pantry. Three bedrooms on upper level; includes a full primary suite w/ a walk-in closet, separate tub/shower, and a double sink vanity. Upper level has a laundry room,full bath, and 8' ceilings. Finished lower level has a family room, 5th bedroom, and 3/4 bath. Fantastic SLP location hear Hwy 100 & close proximity to West End, Excelsior & Grand.

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: National Realty Guild

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 100, E on Minnetonka Blvd, N on Salem Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $748,000
  • Price Per SqFt: $260/SqFt

Tax Information:

  • Annual Amount: $2,824
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Louis Park, MN.

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Saint Louis Park, MN

City

Med. Sold Price

$375.5K

Med. Price/SqFt

$232

Avg. Days On Market

38

# of Sold Homes

45

2929 Salem Ave vs Saint Louis Park

1 DAY ON ROCKET

-37 Days

$748,000

+$372.5K More

$260/SqFt

+$27 More

KEY TAKEAWAY

This property is $372.5K more than the Median Sold Price and $27/SqFt more than other homes in Saint Louis Park, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6647690

Listing Office:

  • Office Name: National Realty Guild

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Last updated on: 1/11/2025, 1:22:49 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$2,824$227,700
2019$2,924$209,536
2018$2,893$199,726
2017$2,954$194,712

History based on county public records data.

Payment Calculator

$3,801

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,309

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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-1922831
3
/10

  • Peter Hobart Elementary School

  • 6500 W 26th St

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-1922832
7
/10

  • Susan Lindgren Elementary School

  • 4801 W 41st St

  • 1.45 miles

  • Public District Grades KG-5

school-card-donut-1922833
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 2.03 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 $84,311. Residents of Saint Louis Park, MN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2929 Salem Ave

What is the listing price of this property?

The listing price of 2929 Salem Ave property is $748,000.

What type of property is this?

The property 2929 Salem Ave is a house located in Saint Louis Park, Minnesota, 55416.

Is this property for sale now?

Active Listing: 2929 Salem 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 $2,824 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2929 Salem Ave has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 2929 Salem Ave is 2,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Salem Ave is 1933.

Rocket Homes›Minnesota›Hennepin County›Saint Louis Park›55416›2929 Salem Ave

This home is located at 2929 Salem Ave in Saint Louis Park, MN and zip code 55416 in the Fern Hill neighborhood. This 2,880 square foot home was built in 1933. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $748,000.

While more than 15 listings in Saint Louis Park, MN in December 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 23 were sold below. In December 2024 in Saint Louis Park, MN there were 11.6% less homes for sale than in November 2024. In December 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $375,500.

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

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