NOT LISTED FOR SALE

5017 Boone Ave N Minneapolis, MN 55428

Estimated Value: $6,643,764

-- Bed
-- Bath
-- Sq Ft
5 Acres

About This Home

This home is located at 5017 Boone Ave N, Minneapolis, MN 55428 and is currently estimated at $6,643,764. 5017 Boone Ave N is a home located in Hennepin County with nearby schools including Forest Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
5017 Boone Ave Llc A Minnesota Limited
Bought by
Property Cents Llc A Minnesota Limited
Current Estimated Value
$6,643,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,720,000
Outstanding Balance
$4,455,172
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
Sold by
5017 Boone Ave Llc
Bought by
Property Cents Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,720,000
Outstanding Balance
$4,455,172
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2019
Sold by
First Industrial Lp
Bought by
5017 Boone Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,180,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bjorkedal Olaf
Bought by
Fr Boone Llc

Purchase Details

Closed on
May 21, 2002
Sold by
Weatherhill Ltd Ptnrship
Bought by
Bjorkedal Olaf A
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

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
Property Cents Llc A Minnesota Limited $5,900,000 --
Property Cents Llc $5,900,000 None Listed On Document
5017 Boone Ave Llc $3,975,000 None Available
Fr Boone Llc $3,110,000 --
Bjorkedal Olaf A $1,094,011 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property Cents Llc $4,720,000
Previous Owner 5017 Boone Ave Llc $3,180,000
Previous Owner First Industrial Lp $61,426,614
Closed Fr Boone Llc --
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 $202,731 $6,191,000 $1,504,000 $4,687,000
2022 $148,015 $5,900,000 $1,034,000 $4,866,000
2021 $141,326 $4,098,000 $940,000 $3,158,000
2020 $132,741 $3,860,000 $970,000 $2,890,000
2019 $115,533 $3,480,000 $970,000 $2,510,000
2018 $113,297 $2,900,000 $970,000 $1,930,000
2017 $138,087 $3,401,000 $873,000 $2,528,000
2016 $136,227 $3,272,000 $873,000 $2,399,000
2015 $128,788 $3,014,000 $873,000 $2,141,000
2014 -- $2,773,000 $873,000 $1,900,000
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55428

5017 Boone Ave N, Minneapolis, MN

This home is located at 5017 Boone Ave N, Minneapolis, MN 55428 and is currently estimated at $6,643,764. 5017 Boone Ave N is a home located in Hennepin County with nearby schools including Forest Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior 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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