NOT LISTED FOR SALE

Estimated Value: $585,410 - $736,000

4 Beds
3 Baths
2,727 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 5040 Oakland Ave, Minneapolis, MN 55417 and is currently estimated at $671,853, approximately $246 per square foot. 5040 Oakland Ave 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 25, 2011
Sold by
Chen Jeffrey S and Ho Karen Z
Bought by
Morrison Robert J and Morrison Laurinne M
Current Estimated Value
$671,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,410
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Schmeckpeper Terry D and Schmeckpeper Rina A
Bought by
Chen Jeffrey S and Ho Karen Z

Purchase Details

Closed on
Jun 28, 1999
Sold by
Reay Ann E
Bought by
Schmeckpeper Terry D and Schmeckpeper Ruth 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

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
Morrison Robert J $324,900 Entitle Inc
Chen Jeffrey S $318,000 --
Schmeckpeper Terry D $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Robert J $330,322
Previous Owner Morrison Robert J $330,928
Previous Owner Morrison Robert J $330,382
Previous Owner Morrison Robert J $259,920
Previous Owner Morrison Robert J $30,000
Previous Owner Morrison Robert J $292,410
Previous Owner Chen Jeffrey S $30,000
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 $7,264 $547,000 $160,000 $387,000
2022 $6,651 $526,000 $158,000 $368,000
2021 $6,642 $480,000 $135,000 $345,000
2020 $7,193 $496,000 $88,300 $407,700
2019 $7,408 $496,000 $66,600 $429,400
2018 $7,377 $496,000 $66,600 $429,400
2017 $6,979 $439,500 $60,500 $379,000
2016 $6,682 $407,500 $60,500 $347,000
2015 $6,787 $395,500 $60,500 $335,000
2014 -- $363,500 $58,900 $304,600
Source: Public Records

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