NOT LISTED FOR SALE

Estimated Value: $572,000 - $598,712

6 Beds
3 Baths
3,260 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 2541 3rd Ave S, Minneapolis, MN 55404 and is currently estimated at $587,178, approximately $180 per square foot. 2541 3rd Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Borglin Michael and Borglin Stephanie
Bought by
Rice Harrison and Hughes Isabella
Current Estimated Value
$587,178

Purchase Details

Closed on
May 27, 2022
Sold by
Schommer and Julie
Bought by
Rice Harrison and Hughes Isabella

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bjorling Christopher and Bjorling Danielle
Bought by
Schommer Philip and Borglin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2016
Sold by
Stevens Group Llc
Bought by
Bjorling Christopher and Bjorling Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,561
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1997
Bought by
Peterson Vernon A
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
Rice Harrison $513,000 --
Rice Harrison $513,000 None Listed On Document
Schommer Philip $500,000 Titlesmart Inc
Bjorling Christopher $349,900 Titlesmart Inc
Peterson Vernon A $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schommer Philip $375,000
Previous Owner Bjorling Christopher $343,561
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 $8,644 $474,000 $90,000 $384,000
2023 $10,214 $509,000 $100,000 $409,000
2022 $7,864 $509,000 $93,000 $416,000
2021 $5,101 $451,000 $60,000 $391,000
2020 $5,294 $299,500 $83,900 $215,600
2019 $5,173 $299,500 $76,600 $222,900
2018 $4,547 $285,000 $76,600 $208,400
2017 $4,039 $215,500 $69,600 $145,900
2016 $4,382 $211,000 $69,600 $141,400
2015 $3,571 $176,000 $69,600 $106,400
2014 -- $185,000 $61,900 $123,100
Source: Public Records

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