Cottage / Storybook home in Minneapolis, MN
A Cottage home in Minneapolis, MN, it offers 4 bedrooms and 2 bathrooms across 2,102 square feet. The Cottage styling carries through the home's design.
| Price | $400,000 |
|---|
| Beds | 4 |
|---|
| Baths | 2 |
|---|
| Sqft | 2102 |
|---|
| Architectural style | Cottage / Storybook (34% match) |
|---|
| Address | 3318 Ulysses St NE, Minneapolis, MN 55418 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $400K, this home is 7% above the $375K median for 226 similar Cottage / Storybook homes in Minneapolis, MN.
- That works out to $190 per square foot, 24% below the $251 comparable rate.
- On the market 16 days.
| This home | $400,000 |
|---|
| Cottage / Storybook median in Minneapolis, MN | $375,000 (226 homes) |
|---|
| Price per sq ft | $190 vs. $251 comps median |
|---|
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 $2,709/month with 20% down at a 7.28% 30-year fixed rate. You would need about $116,121 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,189/mo |
|---|
| Property tax (new-buyer reassessed rate) | $370/mo |
|---|
| Homeowners insurance | $150/mo |
|---|
| Total monthly | $2,709/mo |
|---|
| Down payment (20%) | $80,000 |
|---|
| Income needed | $116,121/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 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+ (63/100) |
|---|
| Beats renting in | 15% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $194,160 |
|---|
| Range (10th to 90th pct) | $115,412 to $287,637 |
|---|
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