NOT LISTED FOR SALE

1240 S 2nd St Unit 516 Minneapolis, MN 55415

Downtown East Neighborhood

Estimated Value: $529,000 - $605,000

2 Beds
2 Baths
1,314 Sq Ft
$439/Sq Ft Est. Value

About This Home

This home is located at 1240 S 2nd St Unit 516, Minneapolis, MN 55415 and is currently estimated at $576,415, approximately $438 per square foot. 1240 S 2nd St Unit 516 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Riverdale Ventures Legacy Llc
Bought by
Brozik Brenda M and Farrell Brozik Charlene G
Current Estimated Value
$576,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$105,074
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$471,341
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
Brozik Brenda M $505,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brozik Brenda M $120,000
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
2024 $7,983 $530,000 $39,000 $491,000
2023 $6,799 $517,000 $39,000 $478,000
2022 $6,964 $492,000 $37,000 $455,000
2021 $6,333 $502,000 $30,500 $471,500
2020 $1,576 $473,500 $30,500 $443,000
2019 $2,255 $131,000 $20,500 $110,500
2018 -- $124,228 $20,082 $104,146
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55415 Downtown East

1240 S 2nd St Unit 516, Minneapolis, MN

This home is located at 1240 S 2nd St Unit 516, Minneapolis, MN 55415 and is currently estimated at $576,415, approximately $438 per square foot. 1240 S 2nd St Unit 516 is a home located in Hennepin County with nearby schools including Webster Elementary, 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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