NOT LISTED FOR SALE

3855 Colorado Ave N Minneapolis, MN 55422

Fair Neighborhood

Estimated Value: $897,000

-- Bed
-- Bath
-- Sq Ft
7.06 Acres

About This Home

This home is located at 3855 Colorado Ave N, Minneapolis, MN 55422 and is currently priced at $897,000. 3855 Colorado Ave N is a home located in Hennepin County with nearby schools including Forest Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Perls Of Plymouth Llc
Bought by
Rachel Development Inc
Current Estimated Value
$897,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,687,500
Outstanding Balance
$4,169,281
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,000
Interest Rate
3.44%
Mortgage Type
Commercial
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
Rachel Development Inc $1,903,806 None Available
-- $1,260,800 --
Perls Of Plymouth Llc -- Custom Home Builders Title L
Perl Gregg $1,260,779 Custom Home Builders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rachel Development Inc $4,687,500
Previous Owner Perls Of Plymouth Llc $994,000
Previous Owner -- $1,260,780
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
2020 $23,445 $1,073,000 $1,073,000 $0
2019 $799 $1,059,000 $1,059,000 $0
2018 $817 $80,900 $45,900 $35,000
2017 $881 $82,300 $47,300 $35,000
2016 $1,024 $93,900 $54,300 $39,600
2015 $1,051 $94,700 $55,100 $39,600
2014 -- $89,800 $48,600 $41,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55422 Fair

3855 Colorado Ave N, Minneapolis, MN

This home is located at 3855 Colorado Ave N, Minneapolis, MN 55422 and is currently priced at $897,000. 3855 Colorado Ave N is a home located in Hennepin County with nearby schools including Forest Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

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