Craftsman / Bungalow home in 3023 32nd Ave S Minneapolis, MN
This 960-square-foot Craftsman home in Minneapolis, MN includes 2 bedrooms and 1 bathroom. The Craftsman styling carries through the home's design.
| Price | $240,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 960 |
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| Architectural style | Craftsman / Bungalow (62% match) |
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| Address | 3023 32nd Ave S Minneapolis, MN 55406 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $240K, this home is 26% below the $325K median for 397 similar Craftsman / Bungalow homes in Minneapolis, MN.
- That works out to $250 per square foot, 6% above the $235 comparable rate.
- On the market 17 days.
| This home | $240,000 |
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| Craftsman / Bungalow median in Minneapolis, MN | $325,000 (397 homes) |
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| Price per sq ft | $250 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 $1,626/month with 20% down at a 7.28% 30-year fixed rate. You would need about $69,672 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,314/mo |
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| Property tax (new-buyer reassessed rate) | $222/mo |
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| Homeowners insurance | $90/mo |
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| Total monthly | $1,626/mo |
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| Down payment (20%) | $48,000 |
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| Income needed | $69,672/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 (60 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 (60/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $108,842 |
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| Range (10th to 90th pct) | $63,862 to $163,406 |
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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