1216 118th Ln NE Minneapolis, MN 55434
Estimated Value: $597,992 - $635,000
3
Beds
3
Baths
2,862
Sq Ft
$214/Sq Ft
Est. Value
About This Home
This home is located at 1216 118th Ln NE, Minneapolis, MN 55434 and is currently estimated at $611,498, approximately $213 per square foot. 1216 118th Ln NE is a home located in Anoka County with nearby schools including Jefferson Elementary School, Northdale Middle School, and Blaine Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 18, 2017
Sold by
Lakhan Ganesh and Lakhan Shamroon
Bought by
Lakhan Ganesh and Lakhan Shamroon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$39,688
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$571,810
Purchase Details
Closed on
Sep 21, 2012
Sold by
Novak Fleck Incorporated
Bought by
Lakhan Ganesh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,812
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 6, 2012
Sold by
North Central Properties Inc
Bought by
Novak Fleck Incorporated
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakhan Ganesh | -- | All American Title Co Inc | |
| Lakhan Ganesh | $318,493 | Home Title | |
| Novak Fleck Incorporated | $45,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lakhan Ganesh | $165,000 | |
| Previous Owner | Lakhan Ganesh | $279,812 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,210 | $581,500 | $112,900 | $468,600 |
| 2024 | $6,210 | $566,000 | $111,100 | $454,900 |
| 2023 | $5,576 | $564,400 | $105,700 | $458,700 |
| 2022 | $5,329 | $568,600 | $92,400 | $476,200 |
| 2021 | $5,158 | $489,000 | $77,000 | $412,000 |
| 2020 | $5,176 | $461,800 | $77,000 | $384,800 |
| 2019 | $4,972 | $445,300 | $72,000 | $373,300 |
| 2018 | $4,505 | $417,500 | $0 | $0 |
| 2017 | $3,999 | $371,200 | $0 | $0 |
| 2016 | $4,118 | $331,300 | $0 | $0 |
| 2015 | $4,030 | $331,300 | $64,700 | $266,600 |
| 2014 | -- | $279,600 | $52,000 | $227,600 |
Source: Public Records
Map
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