NOT LISTED FOR SALE

5516 Thomas Ave S Minneapolis, MN 55410

Armatage Neighborhood

Estimated Value: $610,000 - $937,000

4 Beds
3 Baths
2,698 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 5516 Thomas Ave S, Minneapolis, MN 55410 and is currently estimated at $767,913, approximately $284 per square foot. 5516 Thomas Ave S is a home located in Hennepin County with nearby schools including Armatage Elementary School, Anthony Middle School, and Southwest Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2016
Sold by
Mcdonald Kathleen V and Mcdonald Gary C
Bought by
Custer Lance and Custer Jenny
Current Estimated Value
$767,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$84,046
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$683,867
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

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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
Custer Lance $240,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Custer Lance $192,000
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 $13,592 $840,000 $230,000 $610,000
2023 $11,543 $815,000 $241,000 $574,000
2022 $11,514 $899,000 $225,000 $674,000
2021 $11,112 $770,000 $157,000 $613,000
2020 $11,019 $770,000 $107,600 $662,400
2019 $11,336 $713,000 $103,400 $609,600
2018 $10,338 $713,000 $103,400 $609,600
2017 $4,489 $276,000 $94,000 $182,000
2016 $3,843 $240,000 $94,000 $146,000
2015 $3,934 $235,000 $94,000 $141,000
2014 -- $214,500 $88,200 $126,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55410 Armatage

5516 Thomas Ave S, Minneapolis, MN

This home is located at 5516 Thomas Ave S, Minneapolis, MN 55410 and is currently estimated at $767,913, approximately $284 per square foot. 5516 Thomas Ave S is a home located in Hennepin County with nearby schools including Armatage Elementary School, Anthony Middle School, and Southwest Senior High School.

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