8 months on rocket

3925 Garfield Ave, Minneapolis, MN, 55409

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
2,254 SqFt
$222/SqFt
Multi
Schools Nearby

Location

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3925 Garfield Ave, Minneapolis$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete, Shared Driveway, Off Site, Open
Year Built1911
HeatingSteam
BasementYes
MLS #6385566
StatusActive

About 3925 Garfield Ave

A true duplex that has been diligently taken care of by the same owner for the past 55 years! Both units have expansive living rooms that open up into a generous sized dining area. Original hardwood floors throughout. First floor is currently rented and second floor is vacant. There’s a convenient concrete pad in the back for parking and a large area for a future two stall garage! Some of the many updates include: Kitchen FF (2011), Kitchen SF (2015), New roof (2019), SF Windows (2014), New Boilers (2009), and many more!! Check Supplements for details. PRE INSPECTION and TISH available upon request!

Property Details

Property Features

Property Information:

  • Year Built: 1911
  • Living Area: 2,254 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete, Shared Driveway, Off Site, Open

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Lyndale Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 3925 Garfield Ave Minneapolis, MN 55409

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $5,778
  • 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

3925 Garfield Ave vs Minneapolis

250 DAYS ON ROCKET

+212 Days

$500,000

+$158.7K More

$222/SqFt

+$20 More

KEY TAKEAWAY

This property is $158.7K more than the Median Sold Price and $20/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: #6385566

Listing Office:

  • Office Name: Real Broker, LLC

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:22:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,778$432,000
2019$5,898$406,935
2018$5,593$374,235
2017$4,971$330,090

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-2748631
2
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2748632
5
/10

  • Ramsey Middle School

  • 1 W 49th St

  • 1.31 miles

  • Public District Grades 6-8

High School

school-card-donut-2748633
5
/10

  • Washburn High School

  • 201 W 49th St

  • 1.26 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 $73,462. Most Minneapolis, MN residents have annual incomes between $35k-100k. The most common type of family 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

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55409›3925 Garfield Ave

This home is located at 3925 Garfield Ave in Minneapolis, MN and zip code 55409 in the King Field neighborhood. This 2,254 square foot home was built in 1911. It has been listed on Rocket Homes since August 22, 2023 and is currently priced at $500,000.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $341,287, while the average time on the real estate market was 38 days.

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

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