5240 Park Ave Minneapolis, MN 55417
Page NeighborhoodEstimated Value: $538,303 - $574,000
3
Beds
3
Baths
1,795
Sq Ft
$309/Sq Ft
Est. Value
About This Home
This home is located at 5240 Park Ave, Minneapolis, MN 55417 and is currently estimated at $554,101, approximately $308 per square foot. 5240 Park 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
Aug 11, 2021
Sold by
Davey Timothy Patrick and Davey Cynthia Sue
Bought by
Black Bert and Martin Michele K
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
$412,000
Outstanding Balance
$374,636
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,465
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Black Bert | $515,000 | Titlesmart Inc | |
| Black Bert Bert | $515,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Black Bert | $412,000 | |
| Closed | Black Bert Bert | $403,080 |
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 | $7,055 | $479,000 | $169,000 | $310,000 |
| 2023 | $6,448 | $495,000 | $169,000 | $326,000 |
| 2022 | $6,014 | $482,000 | $164,000 | $318,000 |
| 2021 | $6,321 | $434,000 | $122,000 | $312,000 |
| 2020 | $6,845 | $472,000 | $114,000 | $358,000 |
| 2019 | $6,127 | $472,000 | $98,000 | $374,000 |
| 2018 | $5,918 | $410,500 | $98,000 | $312,500 |
| 2017 | $5,621 | $353,500 | $89,100 | $264,400 |
| 2016 | $5,257 | $322,000 | $89,100 | $232,900 |
| 2015 | $5,506 | $322,000 | $89,100 | $232,900 |
| 2014 | -- | $280,000 | $86,200 | $193,800 |
Source: Public Records
Map
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