5 months on rocket

4025 Park Ave, Minneapolis, MN, 55407

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
1 Full Bath
1,980 SqFt
$144/SqFt
House

Location

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4025 Park Ave, Minneapolis$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1914
HeatingHot Water
CoolingWall Unit(s)
BasementYes
FireplaceLiving Room
MLS #6557842
StatusActive

About 4025 Park Ave

This 3-bedroom home is conveniently located near biking trails and city parks. It offers the opportunity for a large master suite upstairs. Basement has room for expansion, with some renovation projects already in progress. Conveniently located near freeway access.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 1,980 SqFt

Listing Office:

  • Office Name: Northstar Real Estate Associates

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: 46TH TO PARK N. TO HOME

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $3,970
  • 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

4025 Park Ave vs Minneapolis

153 DAYS ON ROCKET

+119 Days

$285,000

-$64.8K Less

$144/SqFt

-$58 Less

KEY TAKEAWAY

This property is $64.8K less than the Median Sold Price and $58/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: #6557842

Listing Office:

  • Office Name: Northstar Real Estate Associates

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Last updated on: 11/21/2024, 4:22:49 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

Jun 11, 2004Home Sold
$255,000
Jan 12, 2000Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,970$296,500
2019$4,466$296,500
2018$4,373$282,500
2017$3,950$250,000

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-361364
4
/10
  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.52 miles

  • Public Magnet Grades PK-5

school-card-donut-361365
3
/10
  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-361366
1
/10
  • Hiawatha Leadership Acdy-Northrop

  • 1611 E 46th St

  • 0.99 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,168. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4025 Park Ave

What is the listing price of this property?

The listing price of 4025 Park Ave property is $285,000.

What type of property is this?

The property 4025 Park Ave is a house located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 4025 Park 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 $3,970 (source: MLS/based on county public records data).

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

The last sale was on June 11, 2004 for $255,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4025 Park Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4025 Park Ave is 1,980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4025 Park Ave is 1914.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›4025 Park Ave

This home is located at 4025 Park Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 1,980 square foot home was built in 1914. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $285,000.

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. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

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