Zip Code
3 Basswood Ln, Saint Paul, MN 55127
5 beds · 3 baths · 3,502 sq ft · Lot: 58,370 sq ft · Single Family Home · Last Sold: $275K in 1997 · Built: 1970
Est. Value:
$832K
Est. Rent:
$2.9K/month

3 Basswood Ln Saint Paul, MN 55127

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5 beds · 3 baths · 3,502 sq ft · Lot Size: 58,370 sq ft · Single Family Home
Est. Property Value: $832,416

Valued above Market MedianLarge Lot AdvantageOwned for 25 - 50 YearsOwner Age 55 - 65

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3 Basswood Ln is in the 55127 neighborhood of Saint Paul, MN. It is located in Ramsey County and ZIP code 55127. This Single Family Home was built in 1970 and is approximately 55 years old. The single family home spans 3502 sq ft with 5 bedrooms and 3 bathrooms and sits on a 58370 sq ft lot. According to public records, it was last sold in 1997 for $275,000 and has a tax-assessed value of $719,500, which is $238 per sq ft. The 55127 area of Saint Paul has 1 residential homes with an average size of 3026 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3 Basswood Ln Saint Paul, MN 55127 with Property Intel by Whitepages.

Investment Potential for 3 Basswood Ln

The property has a current estimated value of $832,416, which is 35% above the zip median, based on public records. It last sold on November 06, 1997 for $275K. Projected long-term
is $34,200 annually ($2,850 per month) with a 98% occupancy rate.

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Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
98%in 55127 zip code
 
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Owners & Occupancy for 3 Basswood Ln

This property is owned by Philip S Fortmeyer. Owner contact information includes 11 phone numbers and 7 email addresses.

Property Owners

Cell Phone(651) ***-****View Cell Phone
Residence**************
Landline(651) 784-2113
Distance from Property**********
Email Address*********@comcast.netView Email
View All Owner Info

Property Ownership Information

Purchase DateNovember 06, 1997
Property Tax Amount$8,290 in 2024
Purchase Price$275,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********************
Resident 2****************** age 64

Property Details for 3 Basswood Ln

Property Details

Property Sq Ft

Living Area

3,502 sq ft

14% above market

Lot Size

58,370 sq ft

146% above market

Price Per Sq Ft

Living Area

$238 / sq ft

10% above market

Lot Size Area

$14 / sq ft

49% below market

Property condition, age, exterior, etc. for 3 Basswood…
Longitude: -93.099931 Latitude: 45.107937 Parcel Number (APN): 07-30-22-21-0003…
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Recommended Properties in 55127

Discover more single family homes near 3 Basswood Ln in Saint Paul, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3 Basswood Ln in Ramsey County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$832,416
$398,398
$434,018 (109%)
$*******
$486,022
$833,915 (172%)
YoY Price Change
****%
1.96%
73%
Year Built
1970
1987
-17 years
Living Space
3,502 sq ft
2,316 sq ft
1186 (51%)
$ Per Living Sq Ft
$238
$179
$59 (33%)
Lot Size
58,370 sq ft
14,246 sq ft
44124 (310%)
$ Per Lot Sq Ft
$14
$31
-$17 (-55%)

Net Operating Income
$*****
$19,897
-$4,581 (-23%)
Annual Revenue
$34,200
$31,200
$3,000 (10%)
$*****
$11,153
$7,731 (69%)
Net Operating Income
$*****
$19,897
-$4,581 (-23%)
Cap Rate
****%
4.88%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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