NOT LISTED FOR SALE

501 2nd Ave SE Minneapolis, MN 55414

Marcy-Holmes Neighborhood

Estimated Value: $303,000 - $393,000

2 Beds
2 Baths
1,328 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 501 2nd Ave SE, Minneapolis, MN 55414 and is currently estimated at $346,214, approximately $260 per square foot. 501 2nd Ave SE is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Zheng Ru Jin
Bought by
Rz Home Llc
Current Estimated Value
$346,214

Purchase Details

Closed on
Apr 26, 2021
Sold by
501 2Nd Llc
Bought by
Zheng Ru Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2020
Sold by
Pielow Theodore
Bought by
501 2Nd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2016
Sold by
Peterson Lorraine J
Bought by
Pielow Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,170
Interest Rate
3.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2010
Sold by
Peterson Lorraine J
Bought by
Pielow Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
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
Rz Home Llc -- None Available
Zheng Ru Jin -- Ancona Title & Escrow
501 2Nd Llc $291,500 Titlesmart Inc
Pielow Theodore $192,000 Attorney
Pielow Theodore $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Ru Jin $160,000
Previous Owner 501 2Nd Llc $157,500
Previous Owner Pielow Theodore $151,170
Previous Owner Pielow Theodore $190,000
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 $3,955 $303,000 $98,000 $205,000
2022 $3,908 $289,000 $73,000 $216,000
2021 $3,765 $282,000 $67,000 $215,000
2020 $3,776 $281,500 $18,800 $262,700
2019 $3,703 $260,500 $18,800 $241,700
2018 $3,485 $248,000 $18,800 $229,200
2016 $3,114 $211,500 $18,800 $192,700
2015 $2,757 $183,000 $18,800 $164,200
2014 -- $193,000 $18,800 $174,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Marcy-Holmes

501 2nd Ave SE, Minneapolis, MN

This home is located at 501 2nd Ave SE, Minneapolis, MN 55414 and is currently estimated at $346,214, approximately $260 per square foot. 501 2nd Ave SE is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

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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