NOT LISTED FOR SALE

5540 38th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $312,000 - $369,000

2 Beds
2 Baths
1,278 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 5540 38th Ave S, Minneapolis, MN 55417 and is currently estimated at $350,854, approximately $274 per square foot. 5540 38th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin Elementary School, and Sanford Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Heig Dane W
Bought by
Gillespie Alex Joseph and Fansler Julia Marlow
Current Estimated Value
$350,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$275,137
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$75,718

Purchase Details

Closed on
Oct 24, 2017
Sold by
Englehardt Ryan and Englehardt Megan D
Bought by
Heig Dane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Johnston Christine M and Johnston Brian D
Bought by
Prebelich Megan D

Purchase Details

Closed on
May 27, 2003
Sold by
Stewart Adam and Stewart Jamie
Bought by
Johnson Brian D and Wolf Christine M

Purchase Details

Closed on
Nov 4, 1999
Sold by
Bouteiller Marilyne
Bought by
Stewart Adam R and Stewart Tami S

Purchase Details

Closed on
Sep 25, 1998
Sold by
Jackson Linda J
Bought by
Bouteiller Marilyne
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
Gillespie Alex Joseph $351,500 Titlesmart Inc
Heig Dane W $247,000 Home Title Inc
Prebelich Megan D $212,000 --
Johnson Brian D $193,000 --
Stewart Adam R $122,000 --
Bouteiller Marilyne $103,000 --
Gillespie Alex Alex $351,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Alex Joseph $300,000
Previous Owner Heig Dane W $197,600
Previous Owner Johnston Brian D $35,500
Closed Gillespie Alex Alex $301,859
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 $4,091 $314,000 $117,000 $197,000
2022 $3,715 $300,000 $95,000 $205,000
2021 $3,079 $279,000 $68,000 $211,000
2020 $3,328 $243,500 $39,200 $204,300
2019 $3,428 $229,500 $26,100 $203,400
2018 $2,831 $229,500 $26,100 $203,400
2017 $2,522 $182,000 $23,700 $158,300
2016 $2,536 $178,000 $23,700 $154,300
2015 $2,266 $156,000 $23,700 $132,300
2014 -- $150,000 $25,200 $124,800
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Morris Park

5540 38th Ave S, Minneapolis, MN

This home is located at 5540 38th Ave S, Minneapolis, MN 55417 and is currently estimated at $350,854, approximately $274 per square foot. 5540 38th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin Elementary School, and Sanford Middle 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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