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$424,900

Listing Price

3beds

2baths

1,656sqft

5,663sqft lot

3040 Salem Ave, Minneapolis, MN 55416

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

252.94

Price / sqft

1951

Year built

Home Details

Welcome to this charming 3-bedroom, 2-bath home offering a spacious and functional layout. The main level features two bedrooms, a full bath, and an updated kitchen with granite countertops, hardwood cabinets, and an open flow into the dining areaperfect for entertaining. Upstairs, the private primary suite includes a full bath, a large walk-in closet, and a versatile sitting area or home office space. The finished lower level offers a cozy family room and generous storage. Enjoy a private backyard with a patio, ideal for outdoor gatherings. An extra-large detached 2-car garage provides ample space for vehicles, tools, or hobbies. Conveniently located near lakes, parks, shopping, and highway access.

Interior Details

Square Feet
  • 1656

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Package

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5663

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    4

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gambrel

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,272

$0

$0

--%

$307,963

2019

$4,000

$0

$0

--%

$277,770

2018

$4,170

$0

$0

--%

$276,680

2017

$3,804

$0

$0

--%

$262,837

2016

$3,915

$0

$0

--%

$260,548

2014

$3,820

$0

$0

--%

$235,914

2013

$3,748

$0

$0

--%

$245,833

2011

$3,483

$0

$0

--%

$232,753

percent-home-icon

Average Home Price in 55416

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$712,604

4 Beds

4.5 Baths

1,714 Sqft

18,295 Lot (sqft)

Sold 09/22/2026

$450,383

3 Beds

4.25 Baths

1,560 Sqft

8,712 Lot (sqft)

Sold 08/25/2026

$490,469

3 Beds

4 Baths

1,728 Sqft

7,841 Lot (sqft)

Sold 08/25/2026

$583,244

3 Beds

4.5 Baths

1,683 Sqft

10,890 Lot (sqft)

Sold 06/17/2026

$404,752

4 Beds

2.75 Baths

1,752 Sqft

6,970 Lot (sqft)

Sold 10/06/2026

$405,787

2 Beds

3.25 Baths

1,711 Sqft

4,792 Lot (sqft)

Sold 10/06/2026

$424,900

3 Beds

2 Baths

1,656 Sqft

5,663 Lot (sqft)

Sold 09/29/2026

$349,000

2 Beds

2 Baths

1,602 Sqft

13,068 Lot (sqft)

Sold 09/29/2026

$565,000

3 Beds

2 Baths

1,565 Sqft

7,841 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
424,900
$
Down payment
84,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,549.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,750
Your Payment
Total Monthly Payment:$2,750
Percent of Income:47%
Affordable:No

Details for 3040 SALEM AVE

Property Debt

Foreclosure Contact Details