NOT LISTED FOR SALE

Estimated Value: $489,000 - $585,291

4 Beds
2 Baths
2,576 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 4940 Cedar Ave S, Minneapolis, MN 55417 and is currently estimated at $527,323, approximately $204 per square foot. 4940 Cedar Ave S is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Halley Patrick and Bruno Jen
Bought by
Nelson Dana
Current Estimated Value
$527,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Outstanding Balance
$367,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,016

Purchase Details

Closed on
May 1, 2020
Sold by
612Rentnow Llc
Bought by
Halley Patrick and Bruno Jen

Purchase Details

Closed on
Jan 14, 2020
Sold by
Koski Kevin
Bought by
612 Rentnow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2016
Sold by
Gaston Andreas K
Bought by
Koski Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
The Bank Of New York Mellon Trust Co Na
Bought by
Gaston Anreas K

Purchase Details

Closed on
Sep 30, 2005
Sold by
Wells Fargo Bank Na
Bought by
Dao Long Trong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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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
Nelson Dana $445,000 Trademark Title Services Inc
Halley Patrick $391,800 Ancona Title And Escrow
612 Rentnow Llc $400,000 Ancona Title & Escrow
Koski Kevin $345,000 Title Choice Llc
Gaston Anreas K $184,400 --
Dao Long Trong $265,000 --
Nelson Dana Dana $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Dana $400,500
Previous Owner 612 Rentnow Llc $340,000
Previous Owner Koski Kevin $30,000
Previous Owner Koski Kevin $327,750
Previous Owner Gaston Andreas K $143,300
Previous Owner Dao Long T $212,000
Previous Owner Dao Long T $53,000
Closed Nelson Dana Dana $445,000
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 $7,535 $564,000 $235,000 $329,000
2022 $5,072 $519,000 $190,000 $329,000
2021 $4,674 $366,000 $127,000 $239,000
2020 $4,933 $349,000 $97,000 $252,000
2019 $5,082 $345,500 $74,400 $271,100
2018 $4,340 $345,500 $74,400 $271,100
2017 $3,801 $259,000 $67,600 $191,400
2016 $3,482 $228,000 $67,600 $160,400
2015 $3,452 $217,000 $67,600 $149,400
2014 -- $206,500 $67,600 $138,900
Source: Public Records

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