Craftsman / Bungalow home in 3239 Penn Ave N Minneapolis, MN
A Craftsman home in Minneapolis, MN, it offers 4 bedrooms and 2 bathrooms across 1,643 square feet. Notable features include an attached garage.
| Price | $254,900 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 1643 |
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| Architectural style | Craftsman / Bungalow (49% match) |
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| Address | 3239 Penn Ave N Minneapolis, MN 55412 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $255K, this home is 22% below the $325K median for 397 similar Craftsman / Bungalow homes in Minneapolis, MN.
- That works out to $155 per square foot, 34% below the $235 comparable rate.
| This home | $254,900 |
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| Craftsman / Bungalow median in Minneapolis, MN | $325,000 (397 homes) |
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| Price per sq ft | $155 vs. $235 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,727/month with 20% down at a 7.28% 30-year fixed rate. You would need about $73,998 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,395/mo |
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| Property tax (new-buyer reassessed rate) | $236/mo |
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| Homeowners insurance | $96/mo |
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| Total monthly | $1,727/mo |
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| Down payment (20%) | $50,980 |
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| Income needed | $73,998/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (80 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (80/100) |
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| Beats renting in | 48% of modeled paths |
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| Modeled 5-yr equity (median) | $165,117 |
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| Range (10th to 90th pct) | $108,849 to $230,770 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Minneapolis, MN where local data is thin.
Local home values
Typical home values in Minneapolis, MN have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto