10 months on rocket

2755 Penn Ave N, Minneapolis, MN, 55411

$150,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6379092
StatusActive

About 2755 Penn Ave N

Ready to build. Water and Electrical connected. Duplex and or Single family home are allowed.

Property Details

Property Features

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

School Info

Assigned Schools Information:

  • Lucy Craft Laney Community School at Cleveland Park, Public District Grades PK-5

Other

Directions Information:

  • Directions: Highway 94 to Lowry (West) to Penn (South)

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000

Tax Information:

  • Annual Amount: $211
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2755 Penn Ave N vs Minneapolis

322 DAYS ON ROCKET

+284 Days

$150,000

-$191.2K Less

KEY TAKEAWAY

This property is $191.2K 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: #6379092

Listing Office:

  • Office Name: Beycome Brokerage Realty LLC

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Property Sales & Tax

Listing History

Mar 05, 2018Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2020$211$4,300
2019$474$4,300
2018$77$4,300
2017$320$4,300

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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.

Elementary School

school-card-donut-1004008
2
/10
  • Lucy Craft Laney Community School at Cleveland Park

  • 3333 Penn Ave N

  • 0.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,229. The majority of Minneapolis, MN residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Near North, Minneapolis

What type of housing is available in Near North, Minneapolis?

In Near North, around half of dwellings are single detached homes, whereas the remainder are mainly large apartment buildings and duplexes. This part of Minneapolis experienced its largest construction boom prior to the 1960s, so most of the available housing stock is from this time period. This area offers mainly two bedroom and three bedroom homes. Around two thirds of the population of this community rent their home while the rest are owners.

Is Near North, Minneapolis a good place to live?

People who prefer a calm environment will enjoy Near North. It is very easy to reach parks in the community, since there are approximately 20 of them nearby for residents to discover, including Mississippi National River and Recreation Area and Victory Memorial Parkway. This community is also reasonably quiet, as the streets are reasonably tranquil - although that is not the case close to one of the railway lines or US Highway 52.

Are things conveniently located in Near North, Minneapolis?

A supermarket is generally accessible within a short walk from anywhere in Near North. Furthermore, those who like to eat in restaurants will have a good number of options, and a limited variety of coffee shops is available as well. As far as education is concerned, it is a reasonably short walk to get to primary as well as high schools from most properties for sale in Near North. At the elementary level, there are both public and private schools.

What does the transportation in Near North, Minneapolis look like?

No matter the means of transportation, it is reasonably straightforward to get around in Near North. The public transit network in this community is reasonably good due to a few nearby bus lines. Near North is also a very good part of Minneapolis for driving. It is easy to access a place to park, and the majority of real estate listings are a reasonably short car ride from the nearest highway, such as US Highway 12. Walking is practical for property owners in Near North; many common errands can be run without having to resort to a car, and a good number of businesses of different types can be found as well.

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Frequently Asked Questions About 2755 Penn Ave N

What is the listing price of this property?

The listing price of 2755 Penn Ave N property is $150,000.

What type of property is this?

The property 2755 Penn Ave N is land located in Minneapolis, Minnesota, 55411.

Is this property for sale now?

Active Listing: 2755 Penn Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2755 Penn Ave N are:
Lucy Craft Laney Community School at Cleveland Park: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $211 (source: MLS/based on county public records data).

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

The last sale was on March 5, 2018 for $12,000. (source: MLS/tax record).
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Rocket HomesMinnesotaHennepin CountyMinneapolis554112755 Penn Ave N

This home is located at 2755 Penn Ave N in Minneapolis, MN and zip code 55411 in the Near North neighborhood. It has been listed on Rocket Homes since June 03, 2023 and is currently priced at $150,000.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

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

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