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3950 Scott Ave

Minneapolis, MN 55422

6 bd 2 ba 3,101 sqft Built 1949 Lot 11,326 sqft multi_family
Most recent sale
$508,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $508,000 Public Record
Aug 19, 2022 Sold $508,000 MLS #6218732
Jun 13, 2022 Listed $525,000 MLS #6218732
Apr 10, 2017 Sold $280,000 Public Record
Mar 16, 2006 Sold $287,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $213,000 $122,000 $335,000 $5,937
2021 $205,000 $96,000 $301,000 $5,412
2020 $205,000 $96,000 $301,000 $5,021
2019 $194,000 $86,000 $280,000 $4,431
2018 $169,000 $63,000 $232,000 $2,656
2017 $165,500 $2,609
2016 $158,960 $2,042
2015 $115,360 $2,822
2014 $117,000 $21,000 $138,000 $2,787
2013 $97,000 $29,000 $126,000 $3,420
2012 $90,000 $70,000 $160,000 $3,273
2011 $90,000 $70,000 $160,000 $3,342
2010 $79,000 $92,000 $171,000 $3,768
2009 $59,000 $154,000 $213,000 $4,226
2008 $97,000 $154,000 $251,000 $3,804
2007 $103,600 $110,900 $214,500 $2,612

Property facts

Year built
1949
Property type
multi_family
Stories
1
Beds
6
Baths
2
Living area
3,101 sqft
Lot size
11,326 sqft
ZIP code
55422
City
Minneapolis
Street
Scott Ave
Coordinates
45.02760, -93.34513

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,652
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 3950 Scott Ave last sell?
3950 Scott Ave most recently sold on Aug 19, 2022 for $508,000.
What is the current tax assessment for 3950 Scott Ave?
The most recent total assessment for 3950 Scott Ave (year 2022) is $335,000 with $5,937 in property tax.
How does 3950 Scott Ave's assessment compare to its last sale price?
The current assessment is 34.1% below the last sale price of $508,000.
When was 3950 Scott Ave built?
3950 Scott Ave was built in 1949.
How does 3950 Scott Ave compare to others on Scott Ave?
We track 8 other properties on Scott Ave. Browse the list under "Other properties on Scott Ave" to compare beds, baths, and sale history.
What are the property facts for 3950 Scott Ave?
3950 Scott Ave is a 6 bed, 2 bath, 3,101 sqft, 11,326 sqft lot multi_family.
Is 3950 Scott Ave a flip candidate?
No — 3950 Scott Ave does not appear in our flips dataset.
Is 3950 Scott Ave a tax-appeal candidate?
No — 3950 Scott 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$499.8K
2026 Q4
$513.1K
ZIP 55422 — Median Price History + Forecast

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