NOT LISTED FOR SALE

1617 E Lake St Minneapolis, MN 55407

Powderhorn Park Neighborhood

Estimated Value: $497,000 - $544,000

3 Beds
-- Bath
600 Sq Ft
$868/Sq Ft Est. Value

About This Home

This home is located at 1617 E Lake St, Minneapolis, MN 55407 and is currently estimated at $520,500, approximately $867 per square foot. 1617 E Lake St is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen Middle, and South Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Ahmed Ahmed
Current Estimated Value
$520,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Outstanding Balance
$169,470
Interest Rate
3.48%
Estimated Equity
$351,030

Purchase Details

Closed on
Jul 29, 2016
Bought by
Amy Ahmed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Outstanding Balance
$169,470
Interest Rate
3.48%
Estimated Equity
$351,030

Purchase Details

Closed on
Nov 25, 2013
Sold by
First Minnesota Bank
Bought by
Mohamed Ahmed and Mohamed Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 2012
Sold by
Morales Primitivo
Bought by
First Minnesota Bank

Purchase Details

Closed on
Jun 13, 2005
Sold by
Anderson Lonnie
Bought by
Morales Primitivo and Morales Maria Elena

Purchase Details

Closed on
Jul 19, 2001
Sold by
Kotts Suzy W
Bought by
Morales Primitivo and Morales Maria Elena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
-- $212,400 --
Amy Ahmed $280,000 --
Mohamed Ahmed $280,000 Gibraltar Title
First Minnesota Bank $400,265 --
First Minnesota Bank $400,265 None Available
Morales Primitivo $952,000 --
Morales Primitivo $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $212,400
Closed Amy Ahmed $224,000
Previous Owner Mohamed Ahmed $224,000
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 $23,076 $814,500 $93,500 $721,000
2023 $18,205 $696,000 $93,500 $602,500
2022 $12,687 $174,000 $28,100 $145,900
2021 $12,583 $140,000 $26,400 $113,600
2020 $12,359 $466,500 $82,500 $384,000
2019 $12,234 $130,800 $24,800 $106,000
2018 $11,213 $124,500 $24,800 $99,700
2017 $10,384 $352,000 $71,500 $280,500
2016 $10,729 $335,000 $71,500 $263,500
2015 $11,081 $335,000 $71,500 $263,500
2014 -- $335,000 $71,500 $263,500
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55407 Powderhorn Park

1617 E Lake St, Minneapolis, MN

Not Listed for Sale

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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