12 days on rocket

3118 Newton Ave N, Minneapolis, MN, 55411

$330,000

Home List Price

$3,919*

Closing Credit

0 Baths
1,730 SqFt
$191/SqFt
Multi
Schools Nearby

Location

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3118 Newton Ave N, Minneapolis$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Asphalt
Garage1 space
Year Built1914
HeatingSteam, Hot Water
BasementYes
MLS #6479055
StatusActive

About 3118 Newton Ave N

Come checkout this recently renovated duplex 2bed/1bath each unit Up/Down Duplex. Great opportunity for potential cashflow, or owner occ. Units consist of new kitchens with granite counters & stainless steel appliances in the lower unit. Brand new bathrooms, new flooring & paint throughout. Awesome spacious unit with 18x12 living/dining room + 2 large bedrooms. Upper unit is rental ready & includes a full bathroom + bonus storage/laundry room. Over-sized 1 car garage measures 18x13. Another bonus for the owner, or generate extra income by renting it out. Room for more parking in back on asphalt driveway. Well-maintained property. Blocks from Jordan Park, Cleveland Park & minutes to Theodore Wirth Regional Park. Easy access to NE Arts district down Lowry and just minutes to downtown MPLS.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 1,730 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Steam, Hot Water

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Nellie Stone Johnson Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Lowry to Newton. Go South. Home is on E side of Newton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $2,457
  • 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

3118 Newton Ave N vs Minneapolis

12 DAYS ON ROCKET

-15 Days

$330,000

-$13.6K Less

$191/SqFt

-$11 Less

KEY TAKEAWAY

This property is $13.6K less 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: #6479055

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 5/5/2024, 11:22:32 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 21, 2021Home Sold
$255,000
Mar 21, 2017Home Sold
$100,000
Sep 23, 2014Home Sold
$122,000
Oct 24, 2011Home Sold
$13,800
Aug 28, 2008Home Sold
$37,000
Oct 14, 2005Home Sold
$225,000
Feb 09, 2005Home Sold
$167,000
May 20, 1999Home Sold
$73,000
May 20, 1999Home Sold
$69,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,457$151,000
2019$2,533$144,000
2018$2,559$125,000
2017$1,914$105,000

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-6720576
2
/10

  • Nellie Stone Johnson Community School

  • 807 27th Ave N

  • 0.83 miles

  • Public District Grades PK-5

High School

school-card-donut-6720577
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 1.49 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 $44,844. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55411›3118 Newton Ave N

This home is located at 3118 Newton Ave N in Minneapolis, MN and zip code 55411 in the Near North neighborhood. This 1,730 square foot home was built in 1914. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $330,000.

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. In April 2024 median list price was $343,683 and the average listing age was 27 days.

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

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