NOT LISTED FOR SALE

5525 Portland Ave Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $593,000 - $664,755

6 Beds
3 Baths
2,578 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 5525 Portland Ave, Minneapolis, MN 55417 and is currently estimated at $626,939, approximately $243 per square foot. 5525 Portland Ave 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
Jun 25, 2021
Sold by
Foster Benjamin James
Bought by
Schmidt Sam J and Schmidt Hannah A
Current Estimated Value
$626,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$379,688
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,251

Purchase Details

Closed on
Nov 18, 2019
Sold by
44 North Property Solutions Llc
Bought by
Foster Benjamin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
Gallagher Paul S and Carciofini Angela
Bought by
44 North Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Benson Sharlee R
Bought by
Carciofini Angela

Purchase Details

Closed on
Nov 29, 2004
Sold by
Bursch Todd C and Bursch Erin S
Bought by
Benson Sharlee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Bursch Charles N and Bursch Audrey L
Bought by
Bursch Todd and Bursch Erin
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
Schmidt Sam J $555,000 Edina Realty Title Inc
Foster Benjamin James $490,000 Edina Realty Title Inc
44 North Property Solutions Llc $322,500 Partners Title Llc
Carciofini Angela $320,000 --
Benson Sharlee R $324,000 --
Bursch Todd $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Sam J $414,000
Previous Owner Foster Benjamin James $416,500
Previous Owner 44 North Property Solutions Llc $97,000
Previous Owner 44 North Property Solutions Llc $340,000
Previous Owner Carciofini Angela $150,000
Previous Owner Benson Sharlee R $100,000
Previous Owner Benson Sharlee R $51,000
Previous Owner Benson Sharlee R $169,000
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 $8,318 $613,000 $172,000 $441,000
2022 $7,642 $561,000 $157,000 $404,000
2021 $7,219 $542,000 $138,000 $404,000
2020 $7,817 $532,000 $110,300 $421,700
2019 $7,504 $532,000 $86,700 $445,300
2018 $6,732 $502,000 $86,700 $415,300
2017 $6,302 $404,500 $78,800 $325,700
2016 $6,192 $386,500 $78,800 $307,700
2015 $6,043 $361,500 $78,800 $282,700
2014 -- $328,500 $75,900 $252,600
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

5525 Portland Ave, Minneapolis, MN

This home is located at 5525 Portland Ave, Minneapolis, MN 55417 and is currently estimated at $626,939, approximately $243 per square foot. 5525 Portland Ave is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn 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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