4525 16th Ave S Minneapolis, MN 55407
Northrop NeighborhoodEstimated Value: $456,000 - $514,000
4
Beds
2
Baths
1,691
Sq Ft
$290/Sq Ft
Est. Value
About This Home
This home is located at 4525 16th Ave S, Minneapolis, MN 55407 and is currently estimated at $490,334, approximately $289 per square foot. 4525 16th Ave S is a home located in Hennepin County with nearby schools including Northrop Elementary School, Sanford Middle School, and Roosevelt Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2020
Sold by
Baines Hannah and Asmussen Keith E
Bought by
Lutz Christopher and Lutz Lockhart
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$338,325
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$152,009
Purchase Details
Closed on
Apr 28, 2009
Sold by
Aileen Guiney Living Trust
Bought by
Baines Hannah and Asmussen Keith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2007
Sold by
Hemkel Todd H and Kim Sorfeon
Bought by
Haigh Jennifer and Not Provided
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
6.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2004
Sold by
Weber Nicholas B and Weber Stefani J
Bought by
Heuker Todd H and Kim Soyeon
Purchase Details
Closed on
Jul 14, 2000
Sold by
Breton Marc A and Ryan Julia M
Bought by
Weber Nicholas B and Weber Stefani J
Purchase Details
Closed on
Jun 19, 1998
Sold by
Horrmann Lyle E
Bought by
Ryan Julia M and Breton Marc A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lutz Christopher | $400,000 | Results Title | |
Baines Hannah | $264,000 | -- | |
Haigh Jennifer | $279,900 | -- | |
Heuker Todd H | $236,500 | -- | |
Weber Nicholas B | $159,000 | -- | |
Ryan Julia M | $95,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lutz Christopher | $380,000 | |
Previous Owner | Bainos Hannah | $184,000 | |
Previous Owner | Baines Hannah | $211,200 | |
Previous Owner | Haigh Jennifer L | $195,900 | |
Previous Owner | Hemker Todd H | $12,046 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $6,477 | $443,000 | $139,000 | $304,000 |
2023 | $5,771 | $443,000 | $123,000 | $320,000 |
2022 | $5,272 | $417,000 | $108,000 | $309,000 |
2021 | $4,930 | $383,000 | $82,000 | $301,000 |
2020 | $5,285 | $371,500 | $73,200 | $298,300 |
2019 | $5,162 | $368,000 | $54,000 | $314,000 |
2018 | $4,404 | $350,500 | $54,000 | $296,500 |
2017 | $4,398 | $295,000 | $49,100 | $245,900 |
2016 | $4,094 | $269,000 | $49,100 | $219,900 |
2015 | $4,321 | $270,500 | $49,100 | $221,400 |
2014 | -- | $219,500 | $49,100 | $170,400 |
Source: Public Records
Map
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