Craftsman / Bungalow home in Minneapolis, MN
This Craftsman home in Minneapolis, MN offers 3 bedrooms and 1 bathroom across 1,100 square feet. Notable features include deck / patio and hardwood floors. The Craftsman styling carries through the home's design.
| Price | $235,000 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 1100 |
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| Architectural style | Craftsman / Bungalow (56% match) |
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| Address | 4005 3rd Ave S, Minneapolis, MN 55409 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, hardwood floors.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $235K, this home is 28% below the $325K median for 397 similar Craftsman / Bungalow homes in Minneapolis, MN.
- That works out to $214 per square foot, 9% below the $235 comparable rate.
| This home | $235,000 |
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| Craftsman / Bungalow median in Minneapolis, MN | $325,000 (397 homes) |
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| Price per sq ft | $214 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 $1,592/month with 20% down at a 7.28% 30-year fixed rate. You would need about $68,221 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,286/mo |
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| Property tax (new-buyer reassessed rate) | $217/mo |
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| Homeowners insurance | $88/mo |
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| Total monthly | $1,592/mo |
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| Down payment (20%) | $47,000 |
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| Income needed | $68,221/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 C (57 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 | C (57/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $102,521 |
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| Range (10th to 90th pct) | $58,323 to $156,302 |
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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 Trulia