NOT LISTED FOR SALE

6116 Portland Ave Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $485,542 - $572,000

5 Beds
3 Baths
2,640 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $293,000 $111 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,337/month

29 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Woodwork

About This Home

As of November 2014

Freshly updated; fireplaces; hardwood floors; new baths & all of the MAC updates. Convenient to everything. Move-in ready.

Last Agent to Sell the Property

Kari Lundin

Keller Williams Realty Integrity-Edina Listed on: 10/01/2014

Last Buyer's Agent

Hanam Pham

Keystone Realty MN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1942

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 52x129
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 11/28/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 4571
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2640
  • Total Fin Square Footage: 2640

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 52x129

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1942

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 4571

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Okali Victor and Oriental Olguine
Bought by
Norby Gregory and Norby Megan
Current Estimated Value
$528,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$288,001
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$233,182

Purchase Details

Closed on
Mar 26, 2022
Sold by
Okali and Olguine
Bought by
Norby Gregory E and Norby Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$288,001
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$233,182

Purchase Details

Closed on
Mar 23, 2020
Sold by
Okali Victor and Oriental Olguine
Bought by
Okali Victor and Orintal Olguine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 26, 2014
Sold by
Olson Jonathan and Olson Melanie
Bought by
Okali Victor
Seller's Agent
Kari Lundin
Keller Williams Realty Integrity-Edina
Buyer's Agent
Hanam Pham
Keystone Realty MN
List Price
$294,602
Sold Price
$293,000
Premium/Discount to List
-$1,602
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$268,314
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2002
Sold by
Leon Anne Marie and Gordon Anne Marie
Bought by
Olson Jonathan

Purchase Details

Closed on
Dec 30, 1999
Sold by
Cola James J and Cola Jane E
Bought by
Gordon Leon Anne Marie and Olson Jonathan
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Norby Gregory $487,000 --
Norby Gregory E $1,655 Dca Title
Okali Victor -- Pillar Title Services
Okali Victor $293,000 Stewart Title Of Mn Inc
Olson Jonathan $62,000 --
Gordon Leon Anne Marie $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norby Gregory $305,000
Closed Norby Gregory E $305,000
Previous Owner Okali Victor $294,000
Previous Owner Okali Victor $268,314
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $293,000 -0.5% $111 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $294,602 -- $112 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,510 $423,000 $105,000 $318,000
2022 $6,862 $404,000 $84,000 $320,000
2021 $7,188 $404,000 $50,000 $354,000
2020 $7,401 $439,500 $67,500 $372,000
2019 $7,037 $418,500 $45,000 $373,500
2018 $5,167 $387,500 $45,000 $342,500
2017 $4,390 $294,500 $40,900 $253,600
2016 $3,871 $256,000 $40,900 $215,100
2015 $3,460 $222,500 $40,900 $181,600
2014 -- $210,000 $40,900 $169,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kari Lundin

    Keller Williams Realty Integrity-Edina

  • H

    Buyer's Agent in 2014

    Hanam Pham

    Keystone Realty MN

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4680684

REALTOR® Association of Southern Minnesota

APN: 22-028-24-44-0183

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

6116 Portland Ave, Minneapolis, MN

This home is located at 6116 Portland Ave, Minneapolis, MN 55417 since 01 October 2014 and is currently estimated at $528,136, approximately $200 per square foot. This property was built in 1942. 6116 Portland Ave is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest Senior 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes