13 days on rocket

Sale Pending

4240 42nd Ave S, Minneapolis, MN, 55406

$300,000

Home List Price

$3,563*

Closing Credit

3 Bedrooms
1 Full Bath
1,044 SqFt
$287/SqFt
House

Location

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4240 42nd Ave S, Minneapolis$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6573088
StatusSale Pending
(Active)

About 4240 42nd Ave S

Lovely single family Bungalow in the Hiawatha neighborhood just a short walk from the Minnehaha Falls, and Mississippi River trails. This home features 3 bedrooms and 2 baths, with an updated kitchen, excellent hardwood floors plus woodwork, original built in buffet, and nicely sized front 3 season porch. Enjoy summer nights on the back deck and fenced in yard, great for entertaining and furry friends. Convenient bus service to downtown, the hospitals, and the business district just 4 blocks away.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,044 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Hiawatha Community School - Howe Campus, Public District Grades 3-5

Other

Directions Information:

  • Directions: From Hiawatha, go East on 42nd Street then South on 42nd Avenue. Home on West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $2,743
  • 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

$346.6K

Med. Price/SqFt

$202

Avg. Days On Market

26

# of Sold Homes

1065

4240 42nd Ave S vs Minneapolis

13 DAYS ON ROCKET

-13 Days

$300,000

-$46.6K Less

$287/SqFt

+$85 More

KEY TAKEAWAY

This property is $46.6K less than the Median Sold Price and $85/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: #6573088

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 9/16/2024, 3:22:49 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 27, 2019Home Sold
$278,000
Nov 14, 2005Home Sold
$191,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,743$220,500
2019$2,841$193,840
2018$2,930$193,840
2017$2,417$158,415

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-2338274
6
/10

  • Hiawatha Community School - Howe Campus

  • 3733 43rd Ave S

  • 0.65 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2338275
4
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-2338276
5
/10

  • South High School

  • 3131 19th Ave S

  • 2.04 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 $80,254. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4240 42nd Ave S

What is the listing price of this property?

The listing price of 4240 42nd Ave S property is $300,000.

What type of property is this?

The property 4240 42nd Ave S is a house located in Minneapolis, Minnesota, 55406.

Is this property for sale now?

Sale Pending: 4240 42nd Ave S is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 4240 42nd Ave S are:
Hiawatha Community School - Howe Campus: GreatSchools Rating 6/10
Sanford Middle School: GreatSchools Rating 4/10
South High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,743 (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 27, 2019 for $278,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4240 42nd Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4240 42nd Ave S is 1,044 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4240 42nd Ave S is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›4240 42nd Ave S

This home is located at 4240 42nd Ave S in Minneapolis, MN and zip code 55406 in the Minnehaha Terrace neighborhood. This 1,044 square foot home was built in 1926. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $300,000.

Minneapolis, MN housing market in August 2024 saw over 405 listings sold above listed price, more than 247 sold at listed price and over 413 sold below. Between July 2024 and August 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 2.1%. In August 2024 median list price was $346,653 and the average listing age was 26 days.

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

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