NOT LISTED FOR SALE

1101 7th St SE Minneapolis, MN 55414

Marcy-Holmes Neighborhood

Estimated Value: $379,000 - $418,000

5 Beds
2 Baths
1,624 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 1101 7th St SE, Minneapolis, MN 55414 and is currently estimated at $392,028, approximately $241 per square foot. 1101 7th St SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Harmsen Tim and Harmsen Karen
Bought by
1101 7Th St Se Llc
Current Estimated Value
$392,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$293,747
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$98,281

Purchase Details

Closed on
Jan 27, 2023
Sold by
Chen Victor M and Chen Jennifer Kay
Bought by
Standard At Dinkytown Llc

Purchase Details

Closed on
Aug 20, 2019
Sold by
Chan Stephen P K and Chan Anne J
Bought by
Hamsen Tim and Hamsen Karen

Purchase Details

Closed on
Oct 5, 2015
Sold by
Chan Stephen P K and Chan Anne J
Bought by
Harmsen Tim C and Harmsen Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,410
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1101 7Th St Se Llc $375,000 First American Title Insurance
Standard At Dinkytown Llc $2,898,529 Commercial Partners Title
Hamsen Tim $274,900 Servion Commercial Title
Harmsen Tim C $274,900 North Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1101 7Th St Se Llc $300,000
Previous Owner Harmsen Tim C $296,000
Previous Owner Harmsen Tim C $247,410
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,268 $327,000 $118,000 $209,000
2022 $4,102 $298,000 $93,000 $205,000
2021 $3,765 $296,000 $100,000 $196,000
2020 $4,080 $281,500 $14,500 $267,000
2019 $4,203 $281,500 $14,500 $267,000
2018 $3,951 $281,500 $14,500 $267,000
2017 $3,372 $219,000 $13,200 $205,800
2016 $2,754 $190,500 $13,200 $177,300
2015 $2,892 $190,500 $13,200 $177,300
2014 -- $165,500 $13,200 $152,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Marcy-Holmes

1101 7th St SE, Minneapolis, MN

This home is located at 1101 7th St SE, Minneapolis, MN 55414 and is currently estimated at $392,028, approximately $241 per square foot. 1101 7th St SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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