2 months on rocket

Sale Pending

407 Russell Ave N, Minneapolis, MN, 55405

$280,000

Home List Price

$3,325*

Closing Credit

3 Bedrooms
1 Full Bath
1,097 SqFt
$255/SqFt
House
Schools Nearby

Location

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407 Russell Ave N, Minneapolis$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Garage Door Opener
Garage1 space
Year Built1912
HeatingSteam, Radiant
CoolingNone
BasementYes
MLS #6499783
StatusSale Pending
(Pending)

About 407 Russell Ave N

Lovely property featuring original hardwood floors, wood stairs and rails, built-ins, new roof less than a year old, large bedrooms, quick access to downtown Minneapolis and more. Don't pass on this one if you are looking for that charming home experience.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Living Area: 1,097 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Steam, Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Anwatin Middle Community School, Public District Grades 6-8
  • Bryn Mawr Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: Penn Ave S to Glenwood Ave N West to Russell Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $255/SqFt

Tax Information:

  • Annual Amount: $2,797
  • 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

407 Russell Ave N vs Minneapolis

73 DAYS ON ROCKET

+46 Days

$280,000

-$63.6K Less

$255/SqFt

+$53 More

KEY TAKEAWAY

This property is $63.6K less than the Median Sold Price and $53/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: #6499783

Listing Office:

  • Office Name: Bridge Realty, LLC

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Last updated on: 5/20/2024, 3:22:35 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

Feb 14, 2019Home Sold
$250,000
Nov 01, 2017Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,797$225,000
2019$2,820$195,500
2018$2,324$156,500
2017$2,247$150,500

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-4330700
1
/10

  • Bryn Mawr Elementary

  • 252 Upton Ave S

  • 0.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4330701
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 0.61 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,694. Typical income of Minneapolis, MN residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 Russell Ave N

What is the listing price of this property?

The listing price of 407 Russell Ave N property is $280,000.

What type of property is this?

The property 407 Russell Ave N is a house located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Sale Pending: 407 Russell Ave N is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 407 Russell Ave N are:
Bryn Mawr Elementary: GreatSchools Rating 1/10
Anwatin Middle Community School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,797 (source: MLS/based on county public records data).

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

The last sale was on February 14, 2019 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 407 Russell Ave N has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 407 Russell Ave N is 1,097 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 Russell Ave N is 1912.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›407 Russell Ave N

This home is located at 407 Russell Ave N in Minneapolis, MN and zip code 55405 in the Near North neighborhood. This 1,097 square foot home was built in 1912. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $280,000.

Minneapolis, MN housing market in April 2024 saw over 519 listings sold above listed price, more than 228 sold at listed price and over 337 sold below. The number of homes for sale in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. Listings spent 27 days on the market in April 2024, and had a median list price of $343,683 during the same period.

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

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