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3032 Salem Ave; Minneapolis, MN Property Details

3032 Salem Ave, Minneapolis, MN is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 3032 Salem Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,215 square feet. The lot size of 3032 Salem Ave is 5,663 square feet.

Off market
3032 Salem Ave Minneapolis, MN 55416
$362,500 Listing Price
4 Beds
2.5 Baths
1,215 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $362,500
  • Open Loans / Balance: 1 / $245,278
  • Est. Equity / %: $240,722 / 49.53%
  • Gross Yield: 7.138%
  • APN: 06-028-24-22-0047
  • Situs County: Hennepin
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,215/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,187/SqFt
  • Garage: 280/SqFt
  • Living: 1,823/SqFt
  • Basement: 972/SqFt
  • Building: 2,430/SqFt
  • Ground: 1,215/SqFt
  • Price Per Square Foot: $298.35

Legal Description

  • Description: LOT 021 BLOCK 005 A LATHAMS MINNETONKA BLVD TRACT 40 X 143.7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: St. Louis Park Public School District
  • Lat / Lon: 44.94748 / -93.34602
  • Subdivision: Lathams Minnetonka Blvd Tract
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2111
  • Cooling: Packaged Unit
  • Garage: Detached Garage
  • Heating: Floor/Wall
  • Parking: 2

Ownership Info

3032 Salem Ave has no associated ownership info
3032 Salem Ave has no associated ownership info.

Taxes

3032 Salem Ave has 10 associated Taxes items

3032 Salem Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $438,700. The APN we've located for 3032 Salem Ave is 06-028-24-22-0047.

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Taxes
  • Assessed Value:  $438,700
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  06-028-24-22-0047
  • Assessed Land Value:  147300
  • Market Land Value:  147300
  • Tax Amount:  6202.28
  • Tax Year:  2025
  • Market Value:  438700
  • Market Year:  2025

Tax History

3032 Salem Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $438,700 Land Value $147,300 Improvement Value $291,400 Tax Amount $6,202.28 Change Rate +0.014396% Assessed CR Tax Rate +0.014138%
Year 2024 Assessed Value $441,800 Land Value $144,500 Improvement Value $297,300 Tax Amount $6,114.26 Change Rate +0.062529% Assessed CR Tax Rate +0.013839%
Year 2023 Assessed Value $431,800 Land Value $143,100 Improvement Value $288,700 Tax Amount $5,754.44 Change Rate +0.108132% Assessed CR Tax Rate +0.013327%
Year 2022 Assessed Value $440,000 Land Value $142,400 Improvement Value $297,600 Tax Amount $5,192.92 Change Rate +0.064197% Assessed CR Tax Rate +0.011802%
Year 2021 Assessed Value $389,700 Land Value $123,900 Improvement Value $265,800 Tax Amount $4,879.66 Change Rate -0.078262% Assessed CR Tax Rate +0.012522%
Year 2020 Assessed Value $371,200 Land Value $118,000 Improvement Value $253,200 Tax Amount $5,293.98 Change Rate +0.10444% Assessed CR Tax Rate +0.014262%
Year 2019 Assessed Value $385,200 Land Value $112,400 Improvement Value $272,800 Tax Amount $4,793.36 Change Rate +0.633061% Assessed CR Tax Rate +0.012444%
Year 2018 Assessed Value $340,300 Land Value $107,100 Improvement Value $233,200 Tax Amount $2,935.2 Change Rate +0.119955% Assessed CR Tax Rate +0.008625%
Year 2017 Assessed Value $198,900 Land Value $84,700 Improvement Value $114,200 Tax Amount $2,620.82 Change Rate -0.028037% Assessed CR Tax Rate +0.013177%
Year 2016 Assessed Value $197,400 Land Value $80,100 Improvement Value $117,300 Tax Amount $2,696.42 Change Rate -0.031117% Assessed CR Tax Rate +0.01366%
Year 2015 Assessed Value $197,400 Land Value $74,900 Improvement Value $122,500 Tax Amount $2,783.02 Change Rate Assessed CR Tax Rate +0.014098%
Year 2014 Assessed Value $193,000 Land Value $71,100 Improvement Value $121,900 Tax Amount Change Rate Assessed CR Tax Rate