8 months on rocket

3540 Holmes Ave S, Minneapolis, MN, 55408

$275,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6507123
StatusActive

About 3540 Holmes Ave S

Perfectly situated in the heart of Minneapolis's vibrant Uptown neighborhood, this .12-acre lot offers an exceptional opportunity for residential development. Just three blocks from the serene lakeside of Bde Maka Ska, residents can enjoy the tranquility of the water alongside the convenience of urban living. With a high walkability score, everyday amenities, trendy eateries, and cultural hotspots are all within easy reach. Potential for either single or multi-family dwelling, this versatile property presents endless possibilities for investors and developers alike. Don't miss the chance to create your dream home or capitalize on this prime location for an income-generating venture in one of the city's most coveted areas.Please schedule showing to walk the lot.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty

Other

Directions Information:

  • Directions: Bde Mka Ska Parkway, east on 36th to Holmes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000

Tax Information:

  • Annual Amount: $7,374
  • 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

3540 Holmes Ave S vs Minneapolis

246 DAYS ON ROCKET

+212 Days

$275,000

-$74.8K Less

KEY TAKEAWAY

This property is $74.8K less than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6507123

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/23/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$7,374$542,000
2019$7,618$521,000
2018$7,405$496,000
2017$7,452$496,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-1045925
4
/10
  • Lyndale Community School

  • 312 W 34th St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-1045926
2
/10
  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.39 miles

  • Public Magnet Grades PK-5

school-card-donut-1045927
3
/10
  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 1.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,821. Residents of Minneapolis, MN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3540 Holmes Ave S

What is the listing price of this property?

The listing price of 3540 Holmes Ave S property is $275,000.

What type of property is this?

The property 3540 Holmes Ave S is land located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 3540 Holmes Ave S 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 $7,374 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaHennepin CountyMinneapolis554083540 Holmes Ave S

This home is located at 3540 Holmes Ave S in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $275,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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