NOT LISTED FOR SALE

5024 Cedar Ave S Unit 5 Minneapolis, MN 55417

Hale Neighborhood

Estimated Value: $487,000 - $539,000

3 Beds
3 Baths
1,276 Sq Ft
$398/Sq Ft Est. Value

About This Home

This home is located at 5024 Cedar Ave S Unit 5, Minneapolis, MN 55417 and is currently estimated at $507,541, approximately $397 per square foot. 5024 Cedar Ave S Unit 5 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 27, 2022
Sold by
Martin Eric and Weir Monica
Bought by
Bayne Robert
Current Estimated Value
$507,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,750
Outstanding Balance
$418,396
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2022
Sold by
Luna Martin Eric and Luna Monica
Bought by
Bayne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,750
Outstanding Balance
$418,396
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
Sold by
Abdi Layla and Nur Mohamed
Bought by
Martin Eric Luna and Weir Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,350
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Abdi Layla

Purchase Details

Closed on
May 28, 1999
Sold by
Amiralaii Siamak
Bought by
Trujillo Javier and Trujillo Rebecca
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Bayne Robert $478,750 --
Bayne Robert $478,750 None Listed On Document
Martin Eric Luna $333,000 Results Title
Abdi Layla $186,000 --
Trujillo Javier $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayne Robert $430,750
Closed Bayne Robert $429,750
Previous Owner Martin Eric Luna $300,000
Previous Owner Weir Monica $325,000
Previous Owner Martin Eric Luna $316,350
Previous Owner Velasco Javier Trujillo $85,000
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 $5,706 $438,000 $213,000 $225,000
2022 $4,763 $409,000 $184,000 $225,000
2021 $4,662 $349,000 $124,000 $225,000
2020 $5,049 $353,000 $84,500 $268,500
2019 $4,687 $353,000 $64,400 $288,600
2018 $4,153 $321,000 $64,400 $256,600
2017 $3,876 $263,500 $58,500 $205,000
2016 $3,615 $241,000 $58,500 $182,500
2015 $3,621 $231,500 $58,500 $173,000
2014 -- $218,500 $58,500 $160,000
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Hale

5024 Cedar Ave S Unit 5, Minneapolis, MN

This home is located at 5024 Cedar Ave S Unit 5, Minneapolis, MN 55417 and is currently estimated at $507,541, approximately $397 per square foot. 5024 Cedar Ave S Unit 5 is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn 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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