Sold in 76 Days

3116 Lake St Unit 119, Minneapolis, MN, 55416

Closed On : Thu Nov 07 2024

$230,000

red-arrow-pointing-down$9.9K Below Asking

List Price : $239,900
1 Bedroom
1 Full Bath
960 SqFt
Condo

Location

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Comparable Homes

Price Details

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

3116 Lake St Unit 119 vs Minneapolis

78 DAYS ON ROCKET

+44 Days

$230,000

-$119.8K Less

KEY TAKEAWAY

This property is $119.8K less than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

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Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-833064
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-833065
7
/10

  • Susan Lindgren Elementary School

  • 4801 W 41st St

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-833066
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.76 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. Typical income of Minneapolis, MN residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Minnesota›Hennepin County›Minneapolis›55416›3116 Lake St Unit 119

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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