5225 Polaris Ln N Minneapolis, MN 55446
Estimated Value: $641,622 - $1,056,000
5
Beds
5
Baths
3,780
Sq Ft
$233/Sq Ft
Est. Value
About This Home
This home is located at 5225 Polaris Ln N, Minneapolis, MN 55446 and is currently estimated at $882,156, approximately $233 per square foot. 5225 Polaris Ln N is a home located in Hennepin County with nearby schools including Basswood Elementary School, Maple Grove Middle School, and Maple Grove Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 19, 2021
Sold by
Varadarajan Apoorva and Srinivasan Krishnan
Bought by
Tourville Stephan and Tourville Jessica
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
$708,000
Outstanding Balance
$646,377
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$235,779
Purchase Details
Closed on
May 29, 2015
Sold by
Tristar Homes Llc
Bought by
Srinivasan Krishman and Varadarajan Apoorva
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,920
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 23, 2013
Sold by
Hampton Hills Investment Llc
Bought by
Tristar Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.59%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Tourville Stephan | $885,000 | Edina Realty Title Inc | |
Srinivasan Krishman | $649,167 | Stewart Title Of Minnesota | |
Tristar Homes Llc | $187,208 | Custom Home Builders Title L |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Tourville Stephan | $708,000 | |
Previous Owner | Srinivasan Krishman | $523,920 | |
Previous Owner | Tristar Homes Llc | $150,000 |
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 |
---|---|---|---|---|
2024 | $4,030 | $359,600 | $64,800 | $294,800 |
2023 | $3,847 | $359,400 | $71,200 | $288,200 |
2022 | $3,362 | $345,000 | $74,000 | $271,000 |
2021 | $6,957 | $274,000 | $59,000 | $215,000 |
2020 | $7,003 | $571,000 | $59,000 | $512,000 |
2019 | $6,843 | $556,000 | $60,000 | $496,000 |
2018 | $6,830 | $524,000 | $62,000 | $462,000 |
2017 | $7,207 | $527,000 | $59,000 | $468,000 |
2016 | $6,219 | $452,000 | $80,000 | $372,000 |
2015 | $1,361 | $80,000 | $80,000 | $0 |
2014 | -- | $38,500 | $38,500 | $0 |
Source: Public Records
Map
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