NOT LISTED FOR SALE

2740 2740 Kelly-Avenue- Orono, MN 55331

Estimated Value: $800,000 - $937,000

4 Beds
3 Baths
1,364 Sq Ft
$632/Sq Ft Est. Value

About This Home

This home is located at 2740 2740 Kelly-Avenue-, Orono, MN 55331 and is currently estimated at $862,490, approximately $632 per square foot. 2740 2740 Kelly-Avenue- is a home located in Hennepin County with nearby schools including Shirley Hills Primary School, Westonka Middle School, and Westonka High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Illies Rick and Shaw Penny
Bought by
Schulte Erica
Current Estimated Value
$862,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Outstanding Balance
$604,109
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$258,381

Purchase Details

Closed on
Jun 16, 2022
Sold by
Lilies and Penney
Bought by
Schulte Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Outstanding Balance
$604,109
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$258,381

Purchase Details

Closed on
Sep 1, 2020
Sold by
2740 Kelly Llc
Bought by
Lllies Ricky and Shaw Penney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2018
Sold by
Iiiies Rick M and Shaw Penney L
Bought by
2740 Kelly Llc

Purchase Details

Closed on
Oct 11, 2017
Sold by
Sletten Kyle and Sletten Jessica
Bought by
Illies Ricky M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2015
Sold by
Tanis Anna M and Tanis Peter J
Bought by
Atkinson Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,920
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Dunn Timothy J
Bought by
Tanis Peter J and Tanis Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2011
Sold by
Omalley Phyllis
Bought by
Dunn Timothy J
Source: Public Records

Range of Values:

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
Schulte Erica $713,000 --
Schulte Erica L $713,000 Minnesota Title
Lllies Ricky -- Pillar Title Services
2740 Kelly Llc -- None Available
Illies Ricky M $440,000 Edina Realty Title Inc
Atkinson Jessica A $434,900 Liberty Title Inc
Tanis Peter J $375,000 None Available
Dunn Timothy J $120,000 Trademark Title Services Inc
Dunn Timothy $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Erica $634,000
Closed Schulte Erica L $634,000
Previous Owner Lllies Ricky $303,000
Previous Owner Illies Ricky M $308,000
Previous Owner Atkinson Jessica $349,500
Previous Owner Atkinson Jessica A $347,920
Previous Owner Tanis Peter J $365,493
Previous Owner Dunn Timothy J $100,000
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 $6,071 $660,100 $190,000 $470,100
2022 $4,615 $540,000 $120,000 $420,000
2021 $4,454 $491,000 $120,000 $371,000
2020 $4,663 $470,000 $115,000 $355,000
2019 $4,386 $462,000 $105,000 $357,000
2018 $4,207 $432,000 $105,000 $327,000
2017 $4,171 $390,000 $100,000 $290,000
2016 $3,744 $352,000 $100,000 $252,000
2015 -- $335,000 $100,000 $235,000
2014 -- $340,000 $110,000 $230,000
Source: Public Records

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