Maximize the profit potential of

2837 Monterey Pkwy,Saint Louis Park, MN 55416

5

beds

4

baths

3,658

sqft

Built

1967
17,424

sqft Lot

2

stories

2

car garage

A/C

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2837 Monterey Pkwy
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 2837 Monterey Pkwy, Saint Louis Park, MN 55416

Located in the Monterey Estates neighborhood, this property was built in 1967, and had 9 construction permits in the past 3 years, 2016, 2017 and 2019.

General details

Table iconBuilt in:1967
Table iconBedrooms:5
Table iconBathrooms:4
Table iconSchool district:St. Louis Park Public School Dist.
Table iconCounty:Hennepin

Price and tax history

Table iconLand value:$263,900
Table iconProperty tax:$8,512.46
Table iconProperty tax year:2021
Table iconSale date:08/24/2020
Table iconSale price:$625,000

Interior details

Table iconBasement:Yes
Table iconStories/floors:2
Table iconWaterfront:No
Table iconTotal rooms:10

2837 Monterey Pkwy information

Table iconType:-
Table iconUse:Single Family Residence
Table iconLot size:17,424 sqft
Table iconBuilding size:3,658 sqft

Exterior of the house

Table iconGarage:2 cars, Attached garage
Table iconRoof:Asphalt Shingles
Table iconExternal walls:Wood
Table iconPool:No

House fixtures

Table iconHeating:Forced Air
Table iconFire place:Yes
Table iconAir Conditioning:Central
Table iconHeater replacement:-

This beautiful 2 story residential property has 3,658 sq ft of living space. It has a 2-car garage space. In total, the home has 10 rooms.

This house has a cozy fireplace for your family on chilly evenings, and A/C to keep your home cool and comfortable.

The nearest school district is St. Louis Park Public School Dist. and the distance to the nearest school is 0.2 miles.

This property was last sold for $625,000 on 08/24/2020 and its property tax value is $8,512.46 from 2021

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

2837 Monterey Pkwy could benefit from a Interior Painting renovation, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 55416.

Unlock now
Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

Learn more
Contractor Solutions
Contractor Solutions

Find the best contractors around Saint Louis Park, MN for your renovation project

Learn more

Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 2837 Monterey Pkwy you should think about remodeling your Interior Painting, it can provide an ROI around 2%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Saint Louis Park, MN is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Interior Painting Renovation
$13,127
Exterior Painting Renovation
$7,575
Bedroom Renovation
$4,595
Cost to renovate
$25,298
Increase in home value 
$25,804

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 55416, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 22.5% growth in 5 years, with a statistical range between 7.84% and 37.11%
For zip code 55416, the graph shows a projected growth of 22.5% over the next five years, with a statistically significant range of growth between 7.84% and 37.11%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
22.4
polygon%

5 YEAR GROWTH

NOW

+0.71%

GROWTH

1 YEARS

+2.31%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2019
1 Permit

Residential Permit

#SL284851

Permit date:

05/09/2019

Status:

Approved

Type:

No data

Description:

Interior draintile.

Contractor:

No Data
2017
4 Permits

Residential Permit

#SL259985

Permit date:

1/19/2017

Status:

APPROVED

Type:

null

Know Your Neighborhood

Neighborhood overview around 2837 Monterey Pkwy

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Somewhat walkable

Some errands can be accomplished on foot

Transit

Minimal transit

It is possible to get on a bus

Crime

Less than US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Few high-risk hazards

High risk of Tornados

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
-0.02%

Less expensive than similar sales

-144.2 Score

Property condition score is lower than average

+1 Beds

Similar sales have 4 beds average

+1,221.8 sqft

This property has a bigger building size than average

+4 years

Newer than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 2820 Ottawa Ave S, Saint Louis Park, MN 55416 $515,000 09/08/2022 4 / 2.0 2,370 1947 11,325
2 4815 W 28th St, Saint Louis Park, MN 55416 $587,500 07/21/2023 3 / 2.0 1,611 1912 14,810
3 2940 Ottawa Ave S, Saint Louis Park, MN 55416 $475,000 07/15/2022 3 / 2.0 2,093 1941 6,098
4 4808 W 28th St, Saint Louis Park, MN 55416 $625,000 09/20/2022 4 / 4.0 2,325 1961 10,044
5 2850 Princeton Ave, Saint Louis Park, MN 55416 $380,000 06/10/2022 2 / 2.0 1,160 1947 6,969
6 2904 Princeton Ave, Saint Louis Park, MN 55416 $815,000 01/03/2023 4 / 4.0 3,024 2016 6,534
7 3005 Monterey Ave S, Saint Louis Park, MN 55416 $300,000 12/20/2022 3 / 2.0 1,610 1974 4,356

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

2820 Ottawa Ave S, Saint Louis Park, MN 55416

$515,000

09/08/2022

4 / 2.0

2,370

1947

11,325

4815 W 28th St, Saint Louis Park, MN 55416

$587,500

07/21/2023

3 / 2.0

1,611

1912

14,810

2940 Ottawa Ave S, Saint Louis Park, MN 55416

$475,000

07/15/2022

3 / 2.0

2,093

1941

6,098

4808 W 28th St, Saint Louis Park, MN 55416

$625,000

09/20/2022

4 / 4.0

2,325

1961

10,044

2850 Princeton Ave, Saint Louis Park, MN 55416

$380,000

06/10/2022

2 / 2.0

1,160

1947

6,969

2904 Princeton Ave, Saint Louis Park, MN 55416

$815,000

01/03/2023

4 / 4.0

3,024

2016

6,534

3005 Monterey Ave S, Saint Louis Park, MN 55416

$300,000

12/20/2022

3 / 2.0

1,610

1974

4,356

Based on the values extracted from recently sold nearby homes, these properties built around the year 1957, on average consist of 3 bedrooms and 3 bathrooms. They typically offer a lot size of approximately 8,591 sqft with a building size of around 2,028 sqft, fetching a median sale price of $515,000.

Neighborhood schools

1
Westwood Early Childhood Center(Elementary)

Distance: 0.8 miles   |  Private

2
Torah Academy(Middle)

Distance: 0.2 miles   |  Private

3
Amos And Celia Heilicher Minneapolis Jewish Day Sc(Middle)

Distance: 0.9 miles   |  Private

4
Holy Family Academy(Middle)

Distance: 0.9 miles   |  Private

5
Bais Yaakov High School(High)

Distance: 0.3 miles   |  Private

6
Yeshiva Of Minneapolis(High)

Distance: 0.3 miles   |  Private

7
Groves Academy(High)

Distance: 0.6 miles   |  Private

8
Melrose(High)

Rating 3/10  |  Distance: 1.0 miles   |  Private

9
Emily Program(High)

Distance: 1.0 miles   |  Private

10
283 St Louis Pk Independent Study(High)

Distance: 1.2 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

September

Clean front porch and back deck
Helps to maintain the overall aesthetic of your home, helps to prevent damage to the deck or porch itself, and helps to prevent the growth of mold and mildew, which can be a health hazard.

September

Drain sprinkler system to protect from freezing
Necessary to protect sprinklers from freezing because water expands as it freezes, which can cause pipes and other components of the sprinkler system to burst.

September

Put away hoses and drain exterior faucets to protect from freezing
If a hose or faucet is left connected to a water supply and temperatures drop below freezing, water inside the hose or faucet can freeze and expand, potentially bursting the hose or faucet and causing damage to the exterior.

Why?

Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 2837 Monterey Pkwy, Saint Louis Park, MN 55416

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