NOT LISTED FOR SALE

2518 3rd St NE Minneapolis, MN 55418

Marshall Terrace Neighborhood

Estimated Value: $351,000 - $412,000

2 Beds
2 Baths
1,100 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 2518 3rd St NE, Minneapolis, MN 55418 and is currently estimated at $372,198, approximately $338 per square foot. 2518 3rd St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Ian D Schwartz Revocable Trust
Bought by
Thomas Kevin
Current Estimated Value
$372,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,099
Outstanding Balance
$366,743
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$5,455

Purchase Details

Closed on
Dec 18, 2019
Sold by
Schwartz Robert D and Robert D Schwartz Revocable Tr
Bought by
Schwartz Ian D and Ian D Schwartz Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2002
Sold by
Ahmed Dean
Bought by
Lipetzky Michael J and Lipetzky Amy N

Purchase Details

Closed on
Jul 7, 2000
Sold by
Kelling Anne M
Bought by
Ahmed Dean H and Ahmed Sayed
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
Thomas Kevin $371,000 Great North Title
Schwartz Ian D -- First American Title Ins Co
Schwartz Robert D $268,000 First American Title Ins Co
Lipetzky Michael J $226,000 --
Ahmed Dean H $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kevin $374,099
Previous Owner Schwartz Robert D $214,400
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 $6,164 $338,000 $116,000 $222,000
2023 $5,406 $338,000 $116,000 $222,000
2022 $5,138 $307,500 $116,000 $191,500
2021 $4,941 $302,500 $55,000 $247,500
2020 $4,621 $302,500 $42,000 $260,500
2019 $4,157 $252,000 $28,000 $224,000
2018 $3,786 $229,000 $28,000 $201,000
2017 $3,365 $179,500 $25,500 $154,000
2016 $3,549 $183,500 $25,500 $158,000
2015 $3,105 $153,000 $25,500 $127,500
2014 -- $133,000 $28,100 $104,900
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55418 Marshall Terrace

2518 3rd St NE, Minneapolis, MN

This home is located at 2518 3rd St NE, Minneapolis, MN 55418 and is currently estimated at $372,198, approximately $338 per square foot. 2518 3rd St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison 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.

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