3 months on rocket

3529 Cedar Ave S, Minneapolis, MN, 55407

$620,000

Home List Price

$7,363*

Closing Credit

0 Baths
3,200 SqFt
$194/SqFt
Multi
Schools Nearby

Location

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3529 Cedar Ave S, Minneapolis$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingDetached, Multiple Garages
Garage4 spaces
Year Built1927
HeatingSteam
BasementYes
MLS #6479795
StatusActive

About 3529 Cedar Ave S

Welcome to your next investment! Just steps away from the iconic Matt's Bar! Available for the first time in almost 30 years. This property is ready for a new owner! There are so many unique and desirable features to this property! Original hardwood floors, beautiful trim and doors, 4 individual garage stalls. So many updates including: Fresh paint in lower units, roof replaced in 2017 $18,000, Brick work in 2022 $35,000, Tar parking in 2019 $5,500, Garage service doors in 2023 $3,000. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Keller Williams Integrity Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Multiple Garages

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Northrop Community School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From 35W take 35th Street east to Cedar Ave and take a right. The property is on the left about halfway down the block.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $8,995
  • 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

3529 Cedar Ave S vs Minneapolis

94 DAYS ON ROCKET

+56 Days

$620,000

+$278.7K More

$194/SqFt

-$8 Less

KEY TAKEAWAY

This property is $278.7K more than the Median Sold Price and $8/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: #6479795

Listing Office:

  • Office Name: Keller Williams Integrity Realty

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Last updated on: 4/27/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 13, 2006Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,995$550,000
2019$8,842$500,000
2018$8,107$446,500
2017$6,942$378,500

History based on county public records data.

Payment Calculator

$3,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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-1013578
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.39 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1013579
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 1.64 miles

  • Public District Grades 6-8

High School

school-card-donut-1013580
3
/10

  • Roosevelt High School

  • 4029 28th Ave S

  • 0.99 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 $73,162. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3529 Cedar Ave S

This home is located at 3529 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 3,200 square foot home was built in 1927. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $620,000.

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%. Listings spent 38 days on the market in March 2024, and had a median list price of $341,287 during the same period.

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

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