26 days on rocket

2938 Penn Ave N, Minneapolis, MN, 55411

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
748 SqFt
$167/SqFt
House

Location

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2938 Penn Ave N, Minneapolis$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOpen
Year Built1922
HeatingForced Air
CoolingNone
BasementYes
MLS #6615066
StatusActive

About 2938 Penn Ave N

A cute rambler in a convenient location. 2 Bedrooms and a full bath. New carpet and fresh paint! OWNER OCCUPANTS ONLY

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Living Area: 748 SqFt

Listing Office:

  • Office Name: The Relocation Center

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Open

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Nellie Stone Johnson Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lowery Ave to Penn Ave, South to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $950
  • 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

2938 Penn Ave N vs Minneapolis

26 DAYS ON ROCKET

-8 Days

$125,000

-$224.8K Less

$167/SqFt

-$35 Less

KEY TAKEAWAY

This property is $224.8K less than the Median Sold Price and $35/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: #6615066

Listing Office:

  • Office Name: The Relocation Center

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Last updated on: 11/5/2024, 5:22:49 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

Oct 03, 2017Home Sold
$54,000
Jan 05, 2016Home Sold
$50,000
Dec 17, 2008Home Sold
$19,900
Mar 08, 2001Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2020$950$63,500
2019$952$34,500
2018$983$34,500
2017$483$30,000

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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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.

Elementary School

school-card-donut-6195
1
/10

  • Nellie Stone Johnson Community School

  • 807 27th Ave N

  • 0.89 miles

  • Public District Grades PK-5

High School

school-card-donut-6196
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 1.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,844. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2938 Penn Ave N

What is the listing price of this property?

The listing price of 2938 Penn Ave N property is $125,000.

What type of property is this?

The property 2938 Penn Ave N is a house located in Minneapolis, Minnesota, 55411.

Is this property for sale now?

Active Listing: 2938 Penn Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2938 Penn Ave N are:
Nellie Stone Johnson Community School: GreatSchools Rating 1/10
Patrick Henry High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $950 (source: MLS/based on county public records data).

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

The last sale was on October 3, 2017 for $54,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2938 Penn Ave N has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2938 Penn Ave N is 748 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2938 Penn Ave N is 1922.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55411›2938 Penn Ave N

This home is located at 2938 Penn Ave N in Minneapolis, MN and zip code 55411 in the Forest Heights neighborhood. This 748 square foot home was built in 1922. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $125,000.

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 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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