NOT LISTED FOR SALE

4506 71st Ave N Minneapolis, MN 55429

West Palmer Lake Neighborhood

Estimated Value: $296,000 - $315,000

3 Beds
1 Bath
996 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 4506 71st Ave N, Minneapolis, MN 55429 and is currently estimated at $302,623, approximately $303 per square foot. 4506 71st Ave N is a home located in Hennepin County with nearby schools including Garden City Elementary School, Park Center Senior High, and Excell Academy for Higher Learning.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Oladeji and Olajumoke
Bought by
Oladeji Obafemi and Oladeji Olajumoke
Current Estimated Value
$302,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$224,215
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$83,385

Purchase Details

Closed on
May 30, 2019
Sold by
Ms Relocation Services
Bought by
Olaccji Obafemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,925
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Frank Ronald J and Estate Of Kay Katheryn Frank
Bought by
Ms Relocation Services Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.4%
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
Oladeji Obafemi $500 None Listed On Document
Olaccji Obafemi $219,900 Land Title Inc
Ms Relocation Services Incorporated $120,000 Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oladeji Obafemi $232,500
Previous Owner Olaccji Obafemi $164,925
Previous Owner Ms Relocation Services Incorporated $5,000,000
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 $4,273 $260,900 $82,000 $178,900
2022 $3,101 $257,000 $85,000 $172,000
2021 $3,138 $218,000 $66,000 $152,000
2020 $2,954 $206,000 $62,000 $144,000
2019 $2,703 $189,000 $53,000 $136,000
2018 $2,418 $173,000 $45,000 $128,000
2017 $2,549 $161,000 $39,000 $122,000
2016 $2,387 $150,900 $40,000 $110,900
2015 $2,126 $136,400 $39,500 $96,900
2014 -- $114,100 $34,400 $79,700
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55429 West Palmer Lake

4506 71st Ave N, Minneapolis, MN

This home is located at 4506 71st Ave N, Minneapolis, MN 55429 and is currently estimated at $302,623, approximately $303 per square foot. 4506 71st Ave N is a home located in Hennepin County with nearby schools including Garden City Elementary School, Park Center Senior High, and Excell Academy for Higher Learning.

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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