11 days on rocket

2525 Garfield Ave, Minneapolis, MN, 55405

$625,000

Home List Price

$7,422*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,278 SqFt
$191/SqFt
House
Schools Nearby

Location

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2525 Garfield Ave, Minneapolis$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Driveway - Other Surface, Garage Door Opener, Storage
Garage2 spaces
Year Built1907
HeatingBaseboard, Ductless, Radiant Floor, Radiant
CoolingDuctless, Mini Split
BasementYes
MLS #6528057
StatusActive

About 2525 Garfield Ave

Classic charm & modern convenience in Minneapolis. Inside, you are greeted by timeless leaded glass windows & natural woodwork accenting the first floor. New kitchen features sleek white soft-close drawers & solid-surface countertops. Host unforgettable gatherings in the large formal dining room with a built-in buffet. A spacious main-floor bathroom ensures comfort for residents & guests. On the second floor, you will find three ample bedrooms with hardwood floors, a laundry room for added ease, and a new tiled bathroom. Retreat to the 3rd-floor primary bedroom ensuite, a secluded sanctuary offering serenity. The lower level offers a versatile mother-in-law suite with a kitchen, bathroom, & laundry hookup, ideal for guests or as a rental. This space quickly transforms into a cozy family room, providing flexible living options. Newly built oversized garage with attic storage, complemented by a charming red brick driveway. Walkable to cafes, restaurants, and shops.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Living Area: 3,278 SqFt

Listing Office:

  • Office Name: Exp Realty, LLC.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Driveway - Other Surface, Garage Door Opener, Storage

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless, Radiant Floor, Radiant
  • Cooling: Ductless, Mini Split

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: On Garfield between 25th and 26th on the East side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $4,489
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

2525 Garfield Ave vs Minneapolis

11 DAYS ON ROCKET

-16 Days

$625,000

+$281.3K More

$191/SqFt

-$11 Less

KEY TAKEAWAY

This property is $281.3K more than the Median Sold Price and $11/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: #6528057

Listing Office:

  • Office Name: Exp Realty, LLC.

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Last updated on: 5/20/2024, 12:52:31 AM 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$4,489$341,000
2019$4,862$334,450
2018$4,510$300,660
2017$4,437$294,120

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-4103849
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.42 miles

  • Public District Grades PK-8

High School

school-card-donut-4103850
7
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.20 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 $34,861. Most Minneapolis, MN residents have annual incomes less than $35k. 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 2525 Garfield Ave

What is the listing price of this property?

The listing price of 2525 Garfield Ave property is $625,000.

What type of property is this?

The property 2525 Garfield Ave is a house located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 2525 Garfield Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2525 Garfield Ave are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest 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 $4,489 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2525 Garfield Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2525 Garfield Ave is 3,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 Garfield Ave is 1907.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›2525 Garfield Ave

This home is located at 2525 Garfield Ave in Minneapolis, MN and zip code 55405 in the Powderhorn neighborhood. This 3,278 square foot home was built in 1907. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $625,000.

In April 2024 more than 519 listings in Minneapolis, MN were sold above the asking price. During the same period more than 228 listings were sold at asking price, while more than 337 were sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. Listings spent 27 days on the market in April 2024, and had a median list price of $343,683 during the same period.

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

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