5040 Oakland Ave Minneapolis, MN 55417
Page NeighborhoodEstimated 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
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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