NOT LISTED FOR SALE

29 Melbourne Ave SE Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $441,000 - $531,485

3 Beds
2 Baths
2,438 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 29 Melbourne Ave SE, Minneapolis, MN 55414 and is currently estimated at $469,121, approximately $192 per square foot. 29 Melbourne Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2025
Sold by
Faulhaber Peter F and Faulhaber Kari J
Bought by
29 Melbourne Associates Llc
Current Estimated Value
$469,121

Purchase Details

Closed on
Apr 2, 2021
Sold by
Anderson Joseph and Anderson Paula
Bought by
Faulhaber Kari J and Faulhaber Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2019
Sold by
Lowry Brandon W
Bought by
Anderson Joseph and Anderson Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
3.4%
Mortgage Type
Commercial
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
29 Melbourne Associates Llc $500 None Listed On Document
Faulhaber Kari J $442,500 Minnesota Title
Anderson Joseph $256,000 Results Title
Faulhaber Kari Kari $442,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faulhaber Kari J $354,000
Previous Owner Anderson Paula J $204,800
Closed Faulhaber Kari Kari $438,500
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 $5,743 $440,000 $183,000 $257,000
2022 $5,364 $427,000 $124,000 $303,000
2021 $5,799 $389,000 $122,000 $267,000
2020 $4,535 $352,000 $67,700 $284,300
2019 $4,673 $317,000 $53,700 $263,300
2018 $3,956 $317,000 $53,700 $263,300
2017 $3,310 $226,000 $48,800 $177,200
2016 $4,168 $212,500 $48,800 $163,700
2015 $4,555 $212,500 $48,800 $163,700
2014 -- $193,000 $47,500 $145,500
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Prospect Park

29 Melbourne Ave SE, Minneapolis, MN

This home is located at 29 Melbourne Ave SE, Minneapolis, MN 55414 and is currently estimated at $469,121, approximately $192 per square foot. 29 Melbourne Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

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