NOT LISTED FOR SALE

1500 Towne Terrace Minneapolis, MN 55431

West Bloomington Neighborhood

Estimated Value: $356,000 - $368,618

3 Beds
2 Baths
1,112 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 1500 Towne Terrace, Minneapolis, MN 55431 and is currently estimated at $362,905, approximately $326 per square foot. 1500 Towne Terrace is a home located in Hennepin County with nearby schools including Westwood Elementary School, Oak Grove Middle School, and Kennedy Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2017
Sold by
Spencer Jeffrey and Spencer Mellisa
Bought by
Zimmer Luke D and Zimmer Michelle A
Current Estimated Value
$362,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,616
Outstanding Balance
$200,052
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$160,709

Purchase Details

Closed on
Nov 21, 2014
Sold by
Spencer Earlan B and Spencer Eleanor M
Bought by
Spencer Jeffrey and Spencer Mellisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,362
Interest Rate
3.62%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zimmer Luke D $242,000 Watermark Title Agency
Spencer Jeffrey $180,000 Global Closing & Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmer Luke D $237,616
Previous Owner Spencer Jeffrey $137,362
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
2023 $3,966 $334,800 $117,400 $217,400
2022 $3,617 $335,300 $122,300 $213,000
2021 $3,326 $291,000 $113,100 $177,900
2020 $4,636 $272,200 $109,900 $162,300
2019 $3,042 $264,400 $109,900 $154,500
2018 $2,580 $222,100 $109,800 $112,300
2017 $2,395 $192,800 $96,200 $96,600
2016 $2,410 $185,300 $91,100 $94,200
2015 $2,262 $169,900 $87,600 $82,300
2014 -- $155,700 $84,900 $70,800
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55431 West Bloomington

1500 Towne Terrace, Minneapolis, MN

This home is located at 1500 Towne Terrace, Minneapolis, MN 55431 and is currently estimated at $362,905, approximately $326 per square foot. 1500 Towne Terrace is a home located in Hennepin County with nearby schools including Westwood Elementary School, Oak Grove Middle School, and Kennedy Senior 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.

Nearby Homes