14 days on rocket

3116 Lake St Unit 124, Minneapolis, MN, 55416

$440,000

Home List Price

$5,225*

Closing Credit

2 Bedrooms
1 Full Bath
1,350 SqFt
$326/SqFt
Condo
Schools Nearby

Location

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3116 Lake St Unit 124, Minneapolis$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Floor Drain, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Secured, Storage, Underground
Attached Garage1 space
Year Built2007
HeatingForced Air
CoolingCentral Air
WaterfrontOther
FireplaceElectric, Other
MLS #6527040
StatusActive

About 3116 Lake St Unit 124

Welcome to the Loop Calhoun! Located within the beautiful City of Lakes; steps away from gorgeous Bde Maka Ska and the chain of lakes. Experience Lake of the Isles, Harriet and Cedar Lake Beach too. Got a sailboat or paddleboard? Ideal proximity to all your lifestyle preferences. Walk, run, bike or rollerblade The Greenway while you're at it. It's all here waiting for you! Restaurants, take your pick. Schedule your showing today! and grab tacos at Taberna when you're done. Easy commuting options for work or play. West Lake St. Station light rail coming soon. Google it and see the vision, amazing! Wash and repeat daily. The Loop condo 124 is here, right in the heart of it all, for you! Spacious two bedrooms, owners en-suite and guest 3/4 bath, stylish kitchen with storage cabinetry covering all your needs, available today. Hosting a get together? Gather round the Center Island or move over to your living space. Don't forget the patio! Make an offer today and Stay in the Loop!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Electric, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Floor Drain, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Secured, Storage, Underground

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: West Lake St. to The Loop next to Taberna. Right turn into complex. From 100 take Hwy 25 exit follow to building. Left turn into complex. Follow to 3116 entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $326/SqFt

HOA Fees:

  • Amount: $934
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

3116 Lake St Unit 124 vs Minneapolis

14 DAYS ON ROCKET

-13 Days

$440,000

+$96.3K More

$326/SqFt

+$124 More

KEY TAKEAWAY

This property is $96.3K more than the Median Sold Price and $124/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6527040

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

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Last updated on: 5/28/2024, 3:22:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3783813
4
/10
  • Kenwood Elementary

  • 2013 Penn Ave S

  • 1.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3783814
1
/10
  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.75 miles

  • Public District Grades 6-8

school-card-donut-3783815
7
/10
  • Anthony Middle School

  • 5757 Irving Ave S

  • 3.59 miles

  • Public District Grades 6-8

High School

school-card-donut-3783816
7
/10
  • Southwest High School

  • 3414 W 47th St

  • 2.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3116 Lake St Unit 124

What is the listing price of this property?

The listing price of 3116 Lake St Unit 124 property is $440,000.

What type of property is this?

The property 3116 Lake St Unit 124 is a condo located in Minneapolis, Minnesota, 55416.

Is this property for sale now?

Active Listing: 3116 Lake St Unit 124 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3116 Lake St Unit 124 are:
Kenwood Elementary: GreatSchools Rating 4/10
Anwatin Middle Community School: GreatSchools Rating 1/10
Anthony Middle School: GreatSchools Rating 7/10
Southwest High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 3116 Lake St Unit 124 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3116 Lake St Unit 124 is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3116 Lake St Unit 124 is 2007.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55416›3116 Lake St Unit 124

This home is located at 3116 Lake St Unit 124 in Minneapolis, MN and zip code 55416 in the Calhoun-Isles neighborhood. This 1,350 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $440,000.

While more than 519 listings in Minneapolis, MN in April 2024 were sold above asking price, there were more than 228 listings sold at asking price, and more than 337 were sold below. The number of homes for sale in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $343,683.

From Rocket Homes Real Estate and based on county public records data.

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