70 Melbourne Ave SE, Minneapolis, MN 55414 is For Sale
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70 Melbourne Ave SE, Minneapolis, MN 55414

4 beds3 baths3,700 sqft

For Sale
$559,000
Est. Mortgage
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My Notes

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To be built new construction. Architectural drawing can be modified. Build a new 'green' home on lot explore the various options for floor plans with a meeting with the architect. Near U of M and light rail. Wonderful Prospect Pk location, rarely available. Design the green home of your dreams !

Facts

  • Lot: 7,405 sqft
  • Single Family
  • Built in 2014
  • 15 days on Zillow
  • Cooling: Central

Features

  • Fireplace
  • Parking: Garage - Attached
  • Unfinished basement

Appliances Included

  • Dishwasher

Construction

  • Exterior material: Other
  • Roof type: Asphalt
  • Room count: 5
  • # Stories: 2.0
  • Structure type: Modern
  • Unit count: 1

Other

  • Floor size: 3,700 sqft
  • Heating: Gas
  • Lot depth: 129
  • Lot width: 55
  • Parcel #: 3002923440063
  • Zillow Home ID: 1968949

Zestimate Details

Zestimate
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$499,624
-$17,171 Last 30 days
$445K
$540K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,210/mo
-$104 Last 30 days
$1.5K
$4.2K
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Agent note:
Posted on 05/08/2012
The Zestimate is too low. This is a new construction project - these comparables are based on used housing depreciated by year built and updates.
 

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Neighborhood

Market guide

Zillow predicts Prospect Park home values will fall 1% next year, compared to a 0.5% increase for Minneapolis as a whole. Among Prospect Park homes, this home is 94.9% more expensive than the midpoint (median) home, but is priced 24.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Prospect Park, the number of foreclosures waiting to be sold is 18.4% less than in Minneapolis, and 69.6% greater than the national average. This lower local number could help Prospect Park home values rise more quickly than other regions in Minneapolis.

Learn more about forecast calculations or Prospect Park home values.
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    Nearby Schools in Minneapolis

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