18 days on rocket

3116 Lake St Unit 321, Minneapolis, MN, 55416

$269,500

Home List Price

$3,200*

Closing Credit

1 Bedroom
1 Full Bath
842 SqFt
$320/SqFt
Condo
Schools Nearby

Location

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3116 Lake St Unit 321, Minneapolis$269,500

Buyer Closing Credits

$3,200*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingHeated Garage, Underground
Garage1 space
Year Built2007
HeatingForced Air
CoolingCentral Air
MLS #6517365
StatusActive

About 3116 Lake St Unit 321

Steps from Lake Bde Maka Ska and the Midtown Greenway Trail! Third floor 1 bed 1 bath unit with a fantastic outdoor patio. This unit is right next to a conference room for the floor that is perfect for extra space. The kitchen has newer appliances and granite countertops. The bathroom has great functionality with a walk through, double vanity, and seperate walk in shower and soaker tub. Onsite staff, underground parking, free guest parking, fitness room, laundry in the unit, and best of all great food just a few steps away.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 842 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: north of lake st

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,500
  • Price Per SqFt: $320/SqFt

HOA Fees:

  • Amount: $640
  • Frequency: Monthly
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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

3116 Lake St Unit 321 vs Minneapolis

18 DAYS ON ROCKET

-20 Days

$269,500

-$71.7K Less

$320/SqFt

+$118 More

KEY TAKEAWAY

This property is $71.7K less than the Median Sold Price and $118/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: #6517365

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 4/29/2024, 11:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3405210
4
/10

  • Kenwood Elementary

  • 2013 Penn Ave S

  • 1.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3405211
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.75 miles

  • Public District Grades 6-8

school-card-donut-3405212
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 3.59 miles

  • Public District Grades 6-8

High School

school-card-donut-3405213
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 2.12 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 $87,500. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3116 Lake St Unit 321

What is the listing price of this property?

The listing price of 3116 Lake St Unit 321 property is $269,500.

What type of property is this?

The property 3116 Lake St Unit 321 is a condo located in Minneapolis, Minnesota, 55416.

Is this property for sale now?

Active Listing: 3116 Lake St Unit 321 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3116 Lake St Unit 321 are:
Kenwood Elementary: GreatSchools Rating 4/10
Anwatin Middle Community School: GreatSchools Rating 1/10
Anthony Middle School: GreatSchools Rating 5/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 3116 Lake St Unit 321 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 3116 Lake St Unit 321 is 842 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3116 Lake St Unit 321 is 2007.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55416›3116 Lake St Unit 321

This home is located at 3116 Lake St Unit 321 in Minneapolis, MN and zip code 55416 in the Calhoun-Isles neighborhood. This 842 square foot home was built in 2007. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $269,500.

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. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. 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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