NOT LISTED FOR SALE

5000 Luverne Ave Minneapolis, MN 55419

Page Neighborhood

Estimated Value: $391,140 - $435,000

2 Beds
1 Bath
1,116 Sq Ft
$370/Sq Ft Est. Value

About This Home

This home is located at 5000 Luverne Ave, Minneapolis, MN 55419 and is currently estimated at $413,035, approximately $370 per square foot. 5000 Luverne Ave 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 24, 2020
Sold by
Otte Kristen
Bought by
Otte Kristen A and Kristen A Otte Revocable Trust
Current Estimated Value
$413,035

Purchase Details

Closed on
Apr 26, 2020
Sold by
Gemlich Lee S and Gemlich Lynda
Bought by
Otte Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$250,816
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$161,001

Purchase Details

Closed on
Nov 29, 2000
Sold by
Foss Ami J and Foss Scott R
Bought by
Gemlich Lee
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
Otte Kristen A -- None Available
Otte Kristen $350,000 Burnet Title
Gemlich Lee $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otte Kristen $280,000
Previous Owner Gemlich Lee S $126,786
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 $4,717 $366,000 $156,000 $210,000
2022 $4,403 $378,000 $156,000 $222,000
2021 $3,824 $325,000 $130,000 $195,000
2020 $4,142 $295,000 $98,700 $196,300
2019 $3,955 $295,000 $76,300 $218,700
2018 $3,849 $275,500 $76,300 $199,200
2017 $3,555 $241,500 $69,400 $172,100
2016 $3,473 $230,000 $69,400 $160,600
2015 $3,641 $230,000 $69,400 $160,600
2014 -- $208,000 $65,200 $142,800
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Page

5000 Luverne Ave, Minneapolis, MN

This home is located at 5000 Luverne Ave, Minneapolis, MN 55419 and is currently estimated at $413,035, approximately $370 per square foot. 5000 Luverne Ave is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

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