NOT LISTED FOR SALE

Estimated Value: $247,000 - $258,057

3 Beds
3 Baths
1,860 Sq Ft
$136/Sq Ft Est. Value

About This Home

This home is located at 5502 W Bavarian Pass, Minneapolis, MN 55432 and is currently estimated at $253,019, approximately $136 per square foot. 5502 W Bavarian Pass is a home located in Anoka County with nearby schools including North Park Elementary School, Al-Amal School, and Totino-Grace High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Covert Evan J and Covert Bethany A
Bought by
Chen Yi and Wei Pinjiam
Current Estimated Value
$253,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Outstanding Balance
$142,372
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,647

Purchase Details

Closed on
Apr 2, 2019
Sold by
Heger Joel Allan and Heger Carmen Maria
Bought by
Covert Bethany A and Covert Evan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,323
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2015
Sold by
Laukkonen Jason W and Laukkonen Genevieve M
Bought by
Heger Joel Allan and Heger Carmen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Chen Yi $226,000 All American Title Co Inc
Covert Bethany A $203,000 First American Title Ins Co
Heger Joel Allan $164,900 First American Title Ins Co
Chen Yi Yi $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yi $158,200
Previous Owner Covert Evans J $203,600
Previous Owner Covert Bethany A $199,323
Previous Owner Heger Joel Allan $131,920
Previous Owner Laukkonen Jason W $103,000
Previous Owner Laukkonen Jason W $108,000
Previous Owner Laukkonen Jason W $13,500
Closed Chen Yi Yi $226,000
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
2025 $2,607 $230,800 $39,600 $191,200
2024 $2,607 $238,200 $45,800 $192,400
2023 $2,228 $237,100 $45,800 $191,300
2022 $1,984 $230,900 $42,200 $188,700
2021 $1,933 $185,300 $28,700 $156,600
2020 $2,111 $171,600 $23,800 $147,800
2019 $1,818 $169,400 $26,600 $142,800
2018 $1,701 $163,300 $0 $0
2017 $1,642 $145,100 $0 $0
2016 $1,601 $135,900 $0 $0
2015 -- $135,900 $21,100 $114,800
2014 -- $108,100 $9,000 $99,100
Source: Public Records

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