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3540 Sumter Ave

Saint Louis Park, MN 55426

3 bd 2 ba 1,584 sqft Built 1937 Lot 6,534 sqft single_family
Most recent sale
$423,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $423,000 MLS #6248777
Aug 23, 2022 Price changed $445,000 MLS #6248777
Aug 16, 2022 Listed $464,999 MLS #6248777
Mar 2, 2022 Sold $215,000 MLS #6149874
Feb 8, 2022 Listed $199,900 MLS #6149874
Jun 2, 1993 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $204,958 $3,453
2019 $200,162 $2,885
2018 $178,471 $2,397
2017 $157,107 $1,996
2016 $135,743 $1,920
2015 $125,279 $1,506
2014 $93,778 $1,761
2013 $106,095 $1,804
2012 $116,123 $2,051
2011 $135,416 $1,965
2010 $93,700 $64,700 $158,400 $2,087
2009 $115,600 $64,700 $180,300 $2,165
2008 $124,100 $66,000 $190,100 $2,135
2007 $124,300 $64,700 $189,000 $2,128

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
6,534 sqft
ZIP code
55426
City
Saint Louis Park
Street
Sumter Ave
Coordinates
44.93901, -93.37993

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,376
Gross rental yield
6.74%
Implied cap rate
4.38%
Trend-extrapolated value

Frequently asked questions

When did 3540 Sumter Ave last sell?
3540 Sumter Ave most recently sold on Oct 7, 2022 for $423,000.
What is the current tax assessment for 3540 Sumter Ave?
The most recent total assessment for 3540 Sumter Ave (year 2020) is $204,958 with $3,453 in property tax.
How does 3540 Sumter Ave's assessment compare to its last sale price?
The current assessment is 51.5% below the last sale price of $423,000.
When was 3540 Sumter Ave built?
3540 Sumter Ave was built in 1937.
How does 3540 Sumter Ave compare to others on Sumter Ave?
We track 8 other properties on Sumter Ave. Browse the list under "Other properties on Sumter Ave" to compare beds, baths, and sale history.
What are the property facts for 3540 Sumter Ave?
3540 Sumter Ave is a 3 bed, 2 bath, 1,584 sqft, 6,534 sqft lot single_family.
Is 3540 Sumter Ave a flip candidate?
Yes — 3540 Sumter Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3540 Sumter Ave a tax-appeal candidate?
No — 3540 Sumter 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$404.4K
2026 Q4
$412.9K
ZIP 55426 — Median Price History + Forecast

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