NOT LISTED FOR SALE

Estimated Value: $236,000 - $269,000

2 Beds
1 Bath
850 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 5509 1st Ave S, Minneapolis, MN 55419 and is currently estimated at $246,808, approximately $290 per square foot. 5509 1st Ave S is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Mill City Homebuyers Llc
Bought by
Miller Kimberly
Current Estimated Value
$246,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$153,858
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$86,875

Purchase Details

Closed on
Aug 27, 2012
Sold by
Naughton Ruth and Naughton James
Bought by
Narum Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,767
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Palmer Dominic A
Bought by
Lambert Ruth and Narum Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,870
Interest Rate
5.75%
Mortgage Type
FHA
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
Miller Kimberly $210,000 Land Title Inc
Narum Melissa A -- None Available
Lambert Ruth $144,097 --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kimberly $168,000
Previous Owner Mill City Home Buyers Llc $127,000
Previous Owner Narum Melissa A $127,000
Previous Owner Narum Melissa A $128,767
Previous Owner Narum Melissa A $141,870
Closed -- $125,000
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
2023 $2,548 $212,000 $136,000 $76,000
2022 $1,774 $223,000 $136,000 $87,000
2021 $1,560 $128,000 $72,000 $56,000
2020 $2,209 $116,500 $81,800 $34,700
2019 $2,208 $116,500 $69,300 $47,200
2018 $1,706 $111,000 $69,300 $41,700
2017 $1,593 $103,500 $63,000 $40,500
2016 $1,644 $103,500 $63,000 $40,500
2015 $2,018 $109,000 $63,000 $46,000
2014 -- $101,000 $63,000 $38,000
Source: Public Records

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