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3720 47th Ave

Minneapolis, MN 55406

2 bd 1 ba 1,176 sqft Built 1928 Lot 4,792 sqft single_family
Most recent sale
$300,000
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 18, 2022 Sold $300,000 NorthstarMLS
Oct 21, 2022 Listed $314,000 NorthstarMLS
Jan 23, 2001 Sold $164,500 Public Record
Jul 6, 1994 Sold $81,900 Public Record
Jan 1, 1989 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $297,390 $4,134
2021 $296,845 $4,203
2020 $283,765 $4,358
2019 $268,505 $4,266
2018 $240,710 $3,882
2017 $226,540 $3,767
2016 $226,540 $3,635
2015 $198,745 $3,359
2014 $180,760 $3,284
2013 $170,405 $3,111
2012 $180,760 $3,215
2011 $118,800 $81,200 $200,000 $3,155
2010 $118,800 $81,200 $200,000 $2,729
2009 $118,800 $81,200 $200,000 $2,766
2008 $152,700 $80,600 $233,300 $2,931
2007 $138,300 $64,600 $202,900 $2,580

Property facts

Year built
1928
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,176 sqft
Lot size
4,792 sqft
ZIP code
55406
City
Minneapolis
Street
47th Ave
Coordinates
44.93500, -93.20677

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 3720 47th Ave last sell?
3720 47th Ave most recently sold on Nov 18, 2022 for $300,000.
What is the current tax assessment for 3720 47th Ave?
The most recent total assessment for 3720 47th Ave (year 2022) is $297,390 with $4,134 in property tax.
How does 3720 47th Ave's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $300,000.
When was 3720 47th Ave built?
3720 47th Ave was built in 1928.
How does 3720 47th Ave compare to others on 47th Ave?
We track 8 other properties on 47th Ave. Browse the list under "Other properties on 47th Ave" to compare beds, baths, and sale history.
What are the property facts for 3720 47th Ave?
3720 47th Ave is a 2 bed, 1 bath, 1,176 sqft, 4,792 sqft lot single_family.
Is 3720 47th Ave a flip candidate?
No — 3720 47th Ave does not appear in our flips dataset.
Is 3720 47th Ave a tax-appeal candidate?
No — 3720 47th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$404.6K
2026 Q4
$394.3K
ZIP 55406 — Median Price History + Forecast

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