5241 2nd Ave S Minneapolis, MN 55419
Page NeighborhoodEstimated Value: $498,000 - $565,000
3
Beds
3
Baths
1,397
Sq Ft
$373/Sq Ft
Est. Value
About This Home
This home is located at 5241 2nd Ave S, Minneapolis, MN 55419 and is currently estimated at $520,490, approximately $372 per square foot. 5241 2nd Ave S 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 31, 2018
Sold by
Olson Karl and Olson Meredith
Bought by
Selbo Gabriel D and Selbo Sarena 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
$369,000
Outstanding Balance
$320,462
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$200,028
Purchase Details
Closed on
Apr 22, 2013
Sold by
Magras Benjamin L and Magras Stephanie L
Bought by
Olson Karl and Olson Meredith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2010
Sold by
Hempel Jeffrey P and Hempel Tricia
Bought by
Magras Benjamin L and Magras Stephanie L
Purchase Details
Closed on
Nov 18, 1997
Sold by
Johnson Taimi R
Bought by
Hempel Jeffrey P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Selbo Gabriel D | $410,000 | Watermark Title Agency | |
| Olson Karl | $298,455 | Titlenexus Llc | |
| Magras Benjamin L | $293,000 | -- | |
| Hempel Jeffrey P | $107,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selbo Gabriel D | $369,000 | |
| Previous Owner | Olson Karl | $246,000 |
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 | $6,445 | $441,000 | $165,000 | $276,000 |
| 2023 | $5,862 | $450,000 | $160,000 | $290,000 |
| 2022 | $5,617 | $451,000 | $160,000 | $291,000 |
| 2021 | $5,772 | $406,000 | $124,000 | $282,000 |
| 2020 | $6,185 | $431,000 | $119,500 | $311,500 |
| 2019 | $5,492 | $426,500 | $93,800 | $332,700 |
| 2018 | $5,193 | $371,000 | $93,800 | $277,200 |
| 2017 | $4,921 | $319,500 | $85,300 | $234,200 |
| 2016 | $4,632 | $293,500 | $85,300 | $208,200 |
| 2015 | $4,855 | $293,500 | $85,300 | $208,200 |
| 2014 | -- | $258,000 | $82,300 | $175,700 |
Source: Public Records
Map
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