3245 3rd Ave S, Minneapolis, MN 55408 Property Records

Hennepin County property record for 3245 3rd Ave S, Minneapolis, MN 55408

Property Summary

Property Type	Apartments (5+ Units)
Details	7 bd · 3,136 sqft · built 1900
Lot Size	0.13 acres (5,663 sqft)
Owner	Individual Name on File
Last Sale	$440,000 (Nov 2020)
Tax Bill	$2,288 (2025)
Deeds & Mortgages	Jan 2026 Line of Credit Nov 2020 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`03-028-24-14-0065`

Property Details

APN / Parcel Number

Primary APN	`03-028-24-14-0065`

Interior

Bedrooms	7 Beds
Units	4 Units
Stories	2 Stories
Building Area	3,136 sqft Living Area
Gross Area	4,428 sqft
1st Floor Area	1,440 sqft
Basement Area	1,292 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Exterior Material	Other
Construction Type	Concrete
Roof Type	Gable
Roof Material	Asphalt
Lot Area	5,663 sqft (0.13 acres)
Lot Dimensions	129 ft deep x 45.2 ft wide
Garage Type	Detached

Utilities, Heating & Cooling

Heating System	Gravity Furnace

Location & Zoning

Street Address	3245 3RD AVE S
City	MINNEAPOLIS
State	MN
Zip	55408-3278
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R2B
Legal Description	LOT 008 BLOCK 005 A WOLVERTONS ADDN TO MPLS 45.20 X 129.00
Legal Range	24
Legal Township	028
Legal Section	03
Legal Quarter	14
Legal Subdivision	WOLVERTONS ADDN TO MPLS
Legal Block	5
Legal Lot Number	8
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1009
Census Tract	8300

Owner

3245 3rd Ave S, a residential property, is owned and occupied by an individual who bought it in November 2020.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	Individual Name on File
Mailing Address	3245 3RD AVE S, MINNEAPOLIS, MN 55408-3278
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 27, 2026	Deed of Trust, Mortgage · Line of Credit ROYAL CU
Nov 17, 2020	Warranty Deed, Transfer · FHA Mortgage LEND SMART MTG
Jul 7, 2017	Warranty Deed, Transfer · Conventional Mortgage WELLS FARGO BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 17, 2020 · Amount on File
Deed Sale	Nov 17, 2020 · Amount on File
Prior Sale	Jul 7, 2017 · Amount on File
Deed Document Number	202010872602
Record Updated	Oct 29, 2026

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	3245 3RD AVE S, MINNEAPOLIS, MN 55408-3278
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3245 3RD AVE S, MINNEAPOLIS, MN 55408-3278

Mortgage

Document Number	0A11435857
Date	Jan 27, 2026
Instrument	A11435857

Lender

Name	ROYAL CU
Type	Credit Union
Address	EAU CLAIRE, WI 54703

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Jan 22, 2056

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

November 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Nov 17, 2020
Property Address	3245 3RD AVE S, MINNEAPOLIS, MN 55408-3278
Document Number	0010872602
Instrument Date	Oct 28, 2020
Instrument	10872602
Transaction Type	Transfer
Record Updated	Dec 18, 2020
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,496.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3245 3RD AVE S MINNEAPOLIS MN 554083278, MINNEAPOLIS, MN 55408-3278

Mortgage

Document Number	10872603
Date	Nov 17, 2020
Instrument	10872603

Lender

Name	LEND SMART MTG
Type	Mortgage Company
Address	SHOREVIEW, MN 55126

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 16, 2050

July 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jul 7, 2017
Property Address	3245 3RD AVE S, MINNEAPOLIS, MN 55408-3278
Document Number	0010456944
Instrument Date	Jul 3, 2017
Instrument	10456944
Transaction Type	Transfer
Record Updated	Aug 23, 2018
Title Company	TRADEMARK TITLE SERVICES INC, TRADEMARK TITLE SVCS INC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$984.74
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	17870 FIELDING CT LAKEVILLE MN 55044, LAKEVILLE, MN 55044

Mortgage

Document Number	10456945
Date	Jul 7, 2017
Instrument	10456945

Lender

Name	WELLS FARGO BK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 6, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 3245 3rd Ave S was $2,288 with a homeowner's exemption.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,288.00	$415,000 Land $81,500 Building $333,500	$415,000 Land $81,500 Building $333,500
2023	$4,016.00 Homeowner's exemption
2022		$103,000 Land $20,400 Building $82,600	$103,000 Land $20,400 Building $82,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 3245 3rd Ave S in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 3245 3rd Ave S has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 871 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	8,000 / 8,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
PCs for People Fixed Wireless	100 / 100

May also be available: T-Mobile.

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