NOT LISTED FOR SALE

4888 W Lake Harriet Pkwy Minneapolis, MN 55410

Fulton Neighborhood

Estimated Value: $2,069,000 - $2,445,167

5 Beds
5 Baths
4,401 Sq Ft
$514/Sq Ft Est. Value

About This Home

This home is located at 4888 W Lake Harriet Pkwy, Minneapolis, MN 55410 and is currently estimated at $2,263,042, approximately $514 per square foot. 4888 W Lake Harriet Pkwy is a home located in Hennepin County with nearby schools including Lake Harriet Upper School, Lake Harriet Lower Elementary School, and Anthony Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2017
Sold by
Mckay Randy T and Mckay Marie Alice
Bought by
Steichen Stuart W and Steichen Kristie Brenner
Current Estimated Value
$2,263,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,000
Outstanding Balance
$633,455
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,596,226

Purchase Details

Closed on
Dec 24, 2014
Sold by
Mhwb Properties Ii
Bought by
Mckay Randy Thomas

Purchase Details

Closed on
Aug 31, 2007
Sold by
Alcala Modesto and Alcala Diane D
Bought by
Mckay Randy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2005
Sold by
Sherman Michael P and Sherman Ruth S
Bought by
Alcala Modesto and Alcala Diane D

Purchase Details

Closed on
Aug 16, 1996
Sold by
Checchi Alfred A
Bought by
Sherman Michael P and Sherman Ruth S
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
Steichen Stuart W $1,490,000 Burnet Title
Mckay Randy Thomas -- None Available
Mckay Randy T $1,900,000 --
Alcala Modesto $1,610,000 --
Sherman Michael P $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steichen Stuart W $1,192,000
Previous Owner Mckay Randy T $400,000
Previous Owner Mckay Randy T $1,500,000
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 $34,275 $2,239,000 $909,000 $1,330,000
2022 $30,367 $2,035,000 $844,000 $1,191,000
2021 $29,266 $1,880,000 $809,000 $1,071,000
2020 $31,658 $1,880,000 $864,900 $1,015,100
2019 $32,526 $1,880,000 $743,900 $1,136,100
2018 $32,824 $1,880,000 $743,900 $1,136,100
2017 $33,554 $1,880,000 $676,300 $1,203,700
2016 $33,528 $1,825,000 $676,300 $1,148,700
2015 $33,497 $1,743,500 $676,300 $1,067,200
2014 -- $1,660,500 $563,600 $1,096,900
Source: Public Records

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