NOT LISTED FOR SALE

1405 E Lake St Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $1,091,823

-- Bed
-- Bath
1,351 Sq Ft
$808/Sq Ft Est. Value

About This Home

This home is located at 1405 E Lake St, Minneapolis, MN 55407 and is currently estimated at $1,091,823, approximately $808 per square foot. 1405 E Lake St is a home located in Hennepin County with nearby schools including Andersen United Middle School, Bancroft Elementary School, and Andersen Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Monty Realty Llc
Bought by
Yegg Labs Llc
Current Estimated Value
$1,091,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$80,780
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$1,011,043

Purchase Details

Closed on
Jan 27, 2015
Sold by
American Investment Holding Llc
Bought by
Monty Realty Llc

Purchase Details

Closed on
Jan 17, 2014
Sold by
New Hb Acquisition Ts Llc
Bought by
American Investment Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2013
Sold by
Ibc Sales Corporation
Bought by
New Hb Acquisition Ts Llc

Purchase Details

Closed on
Jan 30, 2013
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
Yegg Labs Llc $900,000 Land Title
Monty Realty Llc $600,000 Liberty Title Inc
American Investment Holding Llc $630,000 First American Title Ins Co
New Hb Acquisition Ts Llc $630,882 None Available
-- $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yegg Labs Llc $675,000
Previous Owner American Investment Holding Llc $539,000
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 $35,501 $840,000 $627,100 $212,900
2023 $30,506 $730,000 $627,100 $102,900
2022 $32,325 $627,200 $627,100 $100
2021 $32,938 $607,000 $590,000 $17,000
2020 $32,037 $660,000 $553,300 $106,700
2019 $31,761 $610,000 $553,300 $56,700
2018 $33,347 $610,000 $553,300 $56,700
2017 $33,020 $575,000 $479,600 $95,400
2016 $30,964 $575,000 $479,600 $95,400
2015 $33,832 $575,000 $479,600 $95,400
2014 -- $575,000 $479,600 $95,400
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

1405 E Lake St, Minneapolis, MN

This home is located at 1405 E Lake St, Minneapolis, MN 55407 and is currently estimated at $1,091,823, approximately $808 per square foot. 1405 E Lake St is a home located in Hennepin County with nearby schools including Andersen United Middle School, Bancroft Elementary School, and Andersen Middle.

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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