NOT LISTED FOR SALE

1500 Nicollet Ave Unit 227 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $2,788,000

1 Bed
1 Bath
228,668 Sq Ft
$12/Sq Ft Est. Value

About This Home

This home is located at 1500 Nicollet Ave Unit 227, Minneapolis, MN 55403 and is currently priced at $2,788,000, approximately $12 per square foot. 1500 Nicollet Ave Unit 227 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
Twin Town Properties Llc
Bought by
Minneapolis Leased Housed Associates Ix
Current Estimated Value
$2,788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,534,400
Outstanding Balance
$29,760,385
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2007
Sold by
Lasky Marissa F and Lasky Michael B
Bought by
1500 Nicollet Llc
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
Minneapolis Leased Housed Associates Ix $4,600,000 Commercial Partners Title
1500 Nicollet Llc $4,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minneapolis Leased Housed Associates Ix $35,534,400
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 $163,284 $35,000,000 $3,808,300 $31,191,700
2023 $301,523 $43,110,000 $3,828,300 $39,281,700
2022 $428,220 $21,375,900 $1,772,800 $19,603,100
2021 $388,084 $434,000 $32,000 $402,000
2020 $251,813 $42,904,000 $2,978,500 $39,925,500
2019 $52,024 $21,230,700 $2,510,300 $18,720,400
2018 $119,828 $2,185,000 $2,145,000 $40,000
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55403 Loring Park

1500 Nicollet Ave Unit 227, Minneapolis, MN

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