1401 Summit Ave Unit 1401 Minneapolis, MN 55403
Lowry Hill NeighborhoodEstimated Value: $631,000 - $1,035,000
3
Beds
3
Baths
3,115
Sq Ft
$247/Sq Ft
Est. Value
About This Home
This home is located at 1401 Summit Ave Unit 1401, Minneapolis, MN 55403 and is currently estimated at $769,000, approximately $246 per square foot. 1401 Summit Ave Unit 1401 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2022
Sold by
Geyerman Richard R
Bought by
Seiler Scott and Seiler Alexis
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
$412,500
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2001
Sold by
Alexander John A and Alexander Elizabeth K
Bought by
Geyerman Richard R
Purchase Details
Closed on
Oct 15, 1999
Sold by
Swirnoff Michael A and Swirnoff Sandra G
Bought by
Alexander John A and Alexander Elizabeth K
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Seiler Scott | $550,000 | -- | |
Geyerman Richard R | $575,000 | -- | |
Alexander John A | $540,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Seiler Scott | $412,500 |
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 |
---|---|---|---|---|
2024 | $9,957 | $640,000 | $145,000 | $495,000 |
2023 | $9,180 | $667,000 | $155,000 | $512,000 |
2022 | $9,324 | $660,000 | $155,000 | $505,000 |
2021 | $9,002 | $641,000 | $155,000 | $486,000 |
2020 | $9,746 | $641,000 | $170,600 | $470,400 |
2019 | $8,784 | $641,000 | $170,600 | $470,400 |
2018 | $8,156 | $572,500 | $170,600 | $401,900 |
2017 | $7,489 | $486,500 | $155,100 | $331,400 |
2016 | $8,019 | $504,000 | $155,100 | $348,900 |
2015 | $7,995 | $480,000 | $155,100 | $324,900 |
2014 | -- | $480,000 | $143,200 | $336,800 |
Source: Public Records
Map
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