NOT LISTED FOR SALE

502 E 27th St Unit 502 Minneapolis, MN 55408

Phillips West Neighborhood

Estimated Value: $234,000 - $280,000

3 Beds
2 Baths
1,476 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 502 E 27th St Unit 502, Minneapolis, MN 55408 and is currently estimated at $254,675, approximately $172 per square foot. 502 E 27th St Unit 502 is a home located in Hennepin County with nearby schools including Andersen United Middle School, Whittier International, and Andersen Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Lazo-Rice Andrea C
Bought by
Andrea Lazo-Rice Trust and Lazo-Rice
Current Estimated Value
$254,675

Purchase Details

Closed on
May 27, 2022
Sold by
Ctw Group Incorporated A Minnesota Corp
Bought by
Lazo Rice Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2022
Sold by
Ctw Group Incorporated
Bought by
Lazo-Rice Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2022
Sold by
Miles Torrell
Bought by
Ctw Group Incorporated A Minnesota Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,755
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Welter Abe and Welter Abraaham W
Bought by
Miles Torrell

Purchase Details

Closed on
Nov 12, 1999
Sold by
Ppl On Portland
Bought by
Welter Abraham and Welter Dawn M
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Andrea Lazo-Rice Trust -- None Listed On Document
Lazo Rice Andrea $260,000 --
Lazo-Rice Andrea C $260,000 None Listed On Document
Ctw Group Incorporated A Minnesota Corp $172,500 --
Ctw Group Incorporated $172,500 Titlesmart
Miles Torrell -- None Available
Welter Abraham $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazo Rice Andrea $247,000
Previous Owner Lazo-Rice Andrea C $247,000
Previous Owner Ctw Group Incorporated A Minnesota Corp $152,755
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
2024 $3,041 $228,000 $20,000 $208,000
2023 $2,976 $228,000 $6,000 $222,000
2022 $2,809 $190,000 $4,000 $186,000
2021 $2,307 $197,000 $8,300 $188,700
2020 $2,500 $172,500 $8,300 $164,200
2019 $2,060 $172,500 $8,300 $164,200
2018 $1,938 $138,000 $8,300 $129,700
2017 $1,878 $122,000 $8,300 $113,700
2016 $1,834 $110,500 $8,300 $102,200
2015 $1,720 $103,000 $8,300 $94,700
2014 -- $95,500 $8,300 $87,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55408 Phillips West

502 E 27th St Unit 502, Minneapolis, MN

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.

Nearby Homes