NOT LISTED FOR SALE

5300 Terraceview Ln N Minneapolis, MN 55446

Estimated Value: $1,040,000 - $1,223,000

5 Beds
5 Baths
3,562 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 5300 Terraceview Ln N, Minneapolis, MN 55446 and is currently estimated at $1,140,583, approximately $320 per square foot. 5300 Terraceview Ln N is a home located in Hennepin County with nearby schools including Plymouth Creek Elementary School, Wayzata East Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
George Sumesh and George Kavita
Bought by
Steele Chad A and Steele Stephanie K
Current Estimated Value
$1,140,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,921
Outstanding Balance
$625,328
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$515,255

Purchase Details

Closed on
Nov 17, 2016
Sold by
Greenshields Thomas S and Greenshields Elise K
Bought by
George Sumesh and George Kavita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,800
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2013
Sold by
Nih Homes Llc
Bought by
Greenshields Thomas S and Greenshields Elise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,450
Interest Rate
3.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 2012
Sold by
T Creek 3 Inc
Bought by
Nih 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
$500,000
Interest Rate
3.57%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Steele Chad A $790,000 Title Recording Services
George Sumesh $756,000 Burnet Title
Greenshields Thomas S -- Custom Home Builders Title L
Nih Homes Llc $235,000 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Chad A $710,921
Previous Owner George Sumesh $604,800
Previous Owner Greenshields Thomas S $226,450
Previous Owner Greenshields Thomas S $417,000
Previous Owner Nih Homes Llc $500,000
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 $12,850 $1,036,400 $260,000 $776,400
2023 $12,235 $1,035,000 $265,000 $770,000
2022 $10,935 $952,000 $240,000 $712,000
2021 $10,715 $823,000 $225,000 $598,000
2020 $10,636 $810,000 $225,000 $585,000
2019 $10,218 $788,000 $210,000 $578,000
2018 $10,484 $760,000 $220,000 $540,000
2017 $10,697 $783,000 $232,000 $551,000
2016 $10,695 $763,000 $269,000 $494,000
2015 $10,965 $763,200 $268,800 $494,400
2014 -- $327,300 $240,000 $87,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55446

5300 Terraceview Ln N, Minneapolis, MN

This home is located at 5300 Terraceview Ln N, Minneapolis, MN 55446 and is currently estimated at $1,140,583, approximately $320 per square foot. 5300 Terraceview Ln N is a home located in Hennepin County with nearby schools including Plymouth Creek Elementary School, Wayzata East Middle School, and Wayzata High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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