NOT LISTED FOR SALE

405 E Lake St Minneapolis, MN 55408

Central Neighborhood

Estimated Value: $556,000

-- Bed
-- Bath
4,212 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 405 E Lake St, Minneapolis, MN 55408 and is currently estimated at $556,000, approximately $132 per square foot. 405 E Lake St is a home with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Saldi Llc
Bought by
Grass Roots Llc
Current Estimated Value
$556,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1996
Sold by
Flynn Dean R
Bought by
Reyes M Ernesto and Reyes Emilia
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
Grass Roots Llc $830,000 Title Specialists Inc
Reyes M Ernesto $105,000 --
Reyes Ernesto M $105,000 --
-- $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grass Roots Llc $664,000
Closed Reyes Ernesto M --
Closed -- $664,000
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 $11,532 $480,000 $61,500 $418,500
2022 $9,540 $192,000 $24,600 $167,400
2021 $9,394 $173,200 $23,200 $150,000
2020 $9,261 $433,000 $54,600 $378,400
2019 $8,998 $161,800 $21,800 $140,000
2018 $8,086 $154,000 $21,800 $132,200
2017 $7,431 $297,000 $54,600 $242,400
2016 $7,192 $283,000 $54,600 $228,400
2015 $7,584 $283,000 $54,600 $228,400
2014 -- $283,000 $54,600 $228,400
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55408 Central

405 E Lake St, Minneapolis, MN

This home is located at 405 E Lake St, Minneapolis, MN 55408 and is currently estimated at $556,000, approximately $132 per square foot. 405 E Lake St is a home with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn 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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