Listing Office: RE/MAX Results
$5,580
closing credit¹
2943 California St NE Minneapolis, MN 55418
Property details
About 2943 California St NE
Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! Possible opportunity to expand in the attic! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!
Highlights
Summary
- MLS Number: 6638332
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$469,900
2943 California St NE
$5,580
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 23, 2020 | Home Sold | $335,000 |
Sep 30, 2015 | Home Sold | $132,000 |
Nov 02, 2001 | Home Sold | $190,000 |
Nov 12, 1999 | Home Sold | $125,000 |
Sep 25, 1998 | Home Sold | $85,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $190,000 | $4,952 |
2022 | $169,000 | $3,178 |
2021 | $220,000 | $2,831 |
2020 | $220,000 | $2,736 |
2019 | $207,500 | $3,667 |
2018 | $188,500 | $3,421 |
2017 | $170,000 | $3,117 |
History based on county public records data.
Nearby schools
3
Spero Academy
Public Charter KG-6
0.3 mi
•2701 California St NE
1
Cityview Community School
Public District PK-5
0.9 mi
•3350 N 4th St
2
Banaadir Elementary School
Public Charter KG-4
1.0 mi
•1800 2nd St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,329. The most common annual income of people living in Minneapolis, MN is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 2943 California St NE in Minneapolis, MN and zip code 55418 in the Northtown neighborhood. This 2,406 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $469,900.
While more than 289 listings in Minneapolis, MN in December 2024 were sold above asking price, there were more than 179 listings sold at asking price, and more than 405 were sold below. The number of listings in Minneapolis, MN decreased by 11.9% between November and December 2024. In December 2024 median list price was $350,000 and the average listing age was 40 days.