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3534 Thomas Ave

Minneapolis, MN 55412

3 bd 1 ba 1,563 sqft Built 1951 Lot 6,534 sqft single_family
Most recent sale
$220,000
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $220,000 NorthstarMLS
Oct 21, 2022 Relisted $220,000 NorthstarMLS
Oct 20, 2022 Listing removed NorthstarMLS
Oct 10, 2022 Listed $227,000 NorthstarMLS
Dec 6, 1989 Sold $60,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $180,760 $2,512
2021 $180,215 $2,431
2020 $162,230 $2,366
2019 $136,070 $2,061
2018 $121,900 $1,853
2017 $101,190 $1,593
2016 $91,925 $1,502
2015 $75,030 $1,302
2014 $75,030 $1,387
2013 $87,565 $1,614
2012 $87,565 $1,575
2011 $90,100 $24,400 $114,500 $1,626
2010 $91,700 $34,800 $126,500 $1,564
2009 $98,200 $34,800 $133,000 $1,686
2008 $114,700 $34,800 $149,500 $1,718
2007 $131,200 $30,800 $162,000 $2,103

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,563 sqft
Lot size
6,534 sqft
ZIP code
55412
City
Minneapolis
Street
Thomas Ave
Coordinates
45.01966, -93.31299

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
$2,345
Gross rental yield
12.79%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 3534 Thomas Ave last sell?
3534 Thomas Ave most recently sold on Nov 30, 2022 for $220,000.
What is the current tax assessment for 3534 Thomas Ave?
The most recent total assessment for 3534 Thomas Ave (year 2022) is $180,760 with $2,512 in property tax.
How does 3534 Thomas Ave's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $220,000.
When was 3534 Thomas Ave built?
3534 Thomas Ave was built in 1951.
How does 3534 Thomas Ave compare to others on Thomas Ave?
We track 8 other properties on Thomas Ave. Browse the list under "Other properties on Thomas Ave" to compare beds, baths, and sale history.
What are the property facts for 3534 Thomas Ave?
3534 Thomas Ave is a 3 bed, 1 bath, 1,563 sqft, 6,534 sqft lot single_family.
Is 3534 Thomas Ave a flip candidate?
No — 3534 Thomas Ave does not appear in our flips dataset.
Is 3534 Thomas Ave a tax-appeal candidate?
No — 3534 Thomas 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
+1.0%
Implied 1-yr
+4.1%
2026 Q3
$241.7K
2026 Q4
$244K
ZIP 55412 — Median Price History + Forecast

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