6 months on rocket

2848 W River Pkwy, Minneapolis, MN, 55401

$1,399,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
5,142 SqFt
$272/SqFt
House
Schools Nearby

Location

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2848 W River Pkwy, Minneapolis$1,399,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener
Garage2 spaces
Year Built1940
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
WaterfrontRiver View
FireplaceFamily Room, Living Room, Other
MLS #6445627
StatusActive

About 2848 W River Pkwy

This spectacular and timeless brick & stone estate in the Georgian style is located on West River Parkway facing the Mississippi River. The estate sits on one of the most sought-after stretch of homes in Minneapolis. A classic 5-bedroom 4-bathroom estate features a slate roof, extensive lighted landscaping, a private backyard, terrific floor plan, & has been beautifully updated for today's modern-day entertainment & lifestyle. The exterior & backyard are breathtaking. The main level will meet all your entertaining desires with a large living space features gleaming hardwood floors, a gas fireplace, a formal dining room, a gourmet kitchen with a Wolf gas range, & an addition with a beautiful, beamed ceiling, which can serve as a 2nd dining & entertainment space for parties. The space would also function nicely as a 2nd living area/game room. The office with tons of natural light & lovely oval windows will make working from home a pleasure. See Supps for updates / info / write up.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 5,142 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Basement: Yes
  • Fireplace: Family Room, Living Room, Other

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: River View

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Baseboard, 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
  • Anne Sullivan Communication Center, Public District Grades PK-8

Other

Directions Information:

  • Directions: RIVER ROAD BETWWEN LAKE AND FRANKLIN

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,900
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $322
  • 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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2848 W River Pkwy vs Minneapolis

202 DAYS ON ROCKET

+164 Days

$1,399,900

+$1.0M More

$272/SqFt

+$70 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $70/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: #6445627

Listing Office:

  • Office Name: RE/MAX Professionals

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Last updated on: 4/29/2024, 3:22:16 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

Jul 16, 1998Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$322 -
2019$322 -
2018$322 -
2017$326 -

History based on county public records data.

Payment Calculator

$7,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,263

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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-3189408
2
/10

  • Anne Sullivan Communication Center

  • 3100 E 28th St

  • 0.82 miles

  • Public District Grades PK-8

Middle School

school-card-donut-3189409
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 0.88 miles

  • Public District Grades 6-8

High School

school-card-donut-3189410
6
/10

  • South High School

  • 3131 19th Ave S

  • 1.75 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 $60,858. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2848 W River Pkwy

What is the listing price of this property?

The listing price of 2848 W River Pkwy property is $1,399,900.

What type of property is this?

The property 2848 W River Pkwy is a house located in Minneapolis, Minnesota, 55401.

Is this property for sale now?

Active Listing: 2848 W River Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2848 W River Pkwy are:
Anne Sullivan Communication Center: GreatSchools Rating 2/10
Sanford Middle School: GreatSchools Rating 5/10
South High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $322 (source: MLS/based on county public records data).

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

The last sale was on July 16, 1998 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2848 W River Pkwy has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2848 W River Pkwy is 5,142 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2848 W River Pkwy is 1940.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55401›2848 W River Pkwy

This home is located at 2848 W River Pkwy in Minneapolis, MN and zip code 55401 in the Cooper neighborhood. This 5,142 square foot home was built in 1940. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 10, 2023 and is currently priced at $1,399,900.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 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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