51 Island Ave W Unit R51 Minneapolis, MN 55401
Nicollet Island NeighborhoodEstimated Value: $333,707 - $466,000
1
Bed
1
Bath
871
Sq Ft
$443/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 $385,927, approximately $443 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
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
$210,757
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$165,949
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
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Home Values in the Area
Average Home Value in this Area
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 | |
Previous Owner | Bergman Samuel T | $51,000 |
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 | $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
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