NOT LISTED FOR SALE

51 Island Ave W Unit R51 Minneapolis, MN 55401

Nicollet Island Neighborhood

Estimated Value: $330,000 - $528,000

1 Bed
1 Bath
871 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 51 Island Ave W Unit R51, Minneapolis, MN 55401 and is currently estimated at $401,063, approximately $460 per square foot. 51 Island Ave W Unit R51 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2015
Sold by
Summerville Gerri A
Bought by
Belk Russell Eugene
Current Estimated Value
$401,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$103,976
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$297,087

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bergman Samuel T
Bought by
Summerville Gerri A

Purchase Details

Closed on
Nov 20, 2002
Sold by
Deboom Adrian J
Bought by
Bergman Samuel T
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
Belk Russell Eugene $325,000 Premier Title Ins Agency Inc
Summerville Gerri A $246,235 --
Bergman Samuel T $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belk Russell Eugene $260,000
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
2024 $5,068 $353,000 $36,000 $317,000
2023 $4,403 $342,000 $36,000 $306,000
2022 $4,045 $326,000 $29,000 $297,000
2021 $4,065 $300,000 $33,000 $267,000
2020 $4,131 $311,000 $26,300 $284,700
2019 $4,257 $293,500 $26,300 $267,200
2018 $3,973 $293,500 $26,300 $267,200
2017 $3,635 $248,000 $26,300 $221,700
2016 $3,421 $228,500 $26,300 $202,200
2015 $3,264 $195,500 $26,300 $169,200
2014 -- $184,000 $26,300 $157,700
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55401 Nicollet Island

51 Island Ave W Unit R51, Minneapolis, MN

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