new - 6 days on rocket

3045 Grand Ave S, Minneapolis, MN, 55408

$799,000

Home List Price

$9,488*

Closing Credit

0 Baths
3,766 SqFt
$212/SqFt
Condo

Location

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3045 Grand Ave S, Minneapolis$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1914
HeatingSteam
BasementYes
MLS #6624705
StatusActive

About 3045 Grand Ave S

A wonderful 4 plex in the heart of uptown. All 4 units are rent ready, updated, & fresh! Loan assumption is a possibility w/ a fixed rate at 2.258%!! Gross rents $6,100 and growing. Split heat. Split electric. A great owner occupant or addition to one's portfolio. Shared laundry in the basement. NON-CONFORMING 5th unit in the basement! A MUST SEE!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 3,766 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Lyndale Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Located on Grand in Minneapolis

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $212/SqFt

Tax Information:

  • Annual Amount: $7,317
  • 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

3045 Grand Ave S vs Minneapolis

6 DAYS ON ROCKET

-28 Days

$799,000

+$449.1K More

$212/SqFt

+$10 More

KEY TAKEAWAY

This property is $449.1K more than the Median Sold Price and $10/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: #6624705

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/4/2024, 11:52:47 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

Feb 19, 2009Home Sold
$220,000
Feb 19, 2009Home Sold
$197,186
Aug 15, 2008Home Sold
$187,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,317$538,000
2019$7,472$512,500
2018$8,861$488,000
2017$7,987$424,500

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-2014496
4
/10
  • Lyndale Community School

  • 312 W 34th St

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2014497
5
/10
  • Ramsey Middle School

  • 1 W 49th St

  • 2.32 miles

  • Public District Grades 6-8

High School

school-card-donut-2014498
7
/10
  • Washburn High School

  • 201 W 49th St

  • 2.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,561. The majority of Minneapolis, MN residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3045 Grand Ave S

What is the listing price of this property?

The listing price of 3045 Grand Ave S property is $799,000.

What type of property is this?

The property 3045 Grand Ave S is a condo located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 3045 Grand Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3045 Grand Ave S are:
Lyndale Community School: GreatSchools Rating 4/10
Ramsey Middle School: GreatSchools Rating 5/10
Washburn High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,317 (source: MLS/based on county public records data).

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

The last sale was on February 19, 2009 for $220,000. (source: MLS/tax record).

What is the square footage of this property?

The property 3045 Grand Ave S is 3,766 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3045 Grand Ave S is 1914.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3045 Grand Ave S

This home is located at 3045 Grand Ave S in Minneapolis, MN and zip code 55408 in the Lyndale neighborhood. This 3,766 square foot home was built in 1914. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $799,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. 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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