NOT LISTED FOR SALE

5040 Abbott Ave S Minneapolis, MN 55410

Fulton Neighborhood

Estimated Value: $697,500

4 Beds
4 Baths
3,558 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 5040 Abbott Ave S, Minneapolis, MN 55410 and is currently priced at $697,500, approximately $196 per square foot. 5040 Abbott Ave S is a home located in Hennepin County with nearby schools including Lake Harriet Upper School, Lake Harriet Lower Elementary School, and Anthony Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Schach David T
Bought by
Cityline Homes Inc
Current Estimated Value
$697,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$138,790
Interest Rate
3.4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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
Cityline Homes Inc $530,100 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cityline Homes Inc $155,000
Closed Cityline Homes Llc $155,000
Open Cityline Homes Inc $495,000
Previous Owner Schach David T $300,000
Previous Owner Schach David T $50,000
Previous Owner Schach David T $172,000
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
2020 $8,381 $603,000 $253,400 $349,600
2019 $8,820 $603,000 $253,400 $349,600
2018 $8,009 $574,500 $253,400 $321,100
2017 $8,203 $527,000 $230,400 $296,600
2016 $7,775 $489,500 $230,400 $259,100
2015 $7,762 $466,000 $230,400 $235,600
2014 -- $413,000 $214,700 $198,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55410 Fulton

5040 Abbott Ave S, Minneapolis, MN

This home is located at 5040 Abbott Ave S, Minneapolis, MN 55410 and is currently priced at $697,500, approximately $196 per square foot. 5040 Abbott Ave S is a home located in Hennepin County with nearby schools including Lake Harriet Upper School, Lake Harriet Lower Elementary School, and Anthony Middle 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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