NOT LISTED FOR SALE

6518 31st Ave N Minneapolis, MN 55427

Valley Place Neighborhood

Estimated Value: $449,000 - $485,000

5 Beds
2 Baths
2,550 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 6518 31st Ave N, Minneapolis, MN 55427 and is currently estimated at $466,370, approximately $182 per square foot. 6518 31st Ave N is a home located in Hennepin County with nearby schools including Neill Elementary School, Plymouth Middle School, and Armstrong High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Toivo Llc
Bought by
Pedersen Melissa J and Toivo Llc Grant E
Current Estimated Value
$466,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$311,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,743

Purchase Details

Closed on
Oct 15, 2020
Sold by
Toivo Llc
Bought by
Pedersen Melissa J and Pedersen Grant E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$311,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,743

Purchase Details

Closed on
Nov 25, 2014
Sold by
Sievert Martha H
Bought by
Toivo Llc
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
Pedersen Melissa J $390,000 Midland Title
Toivo Llc $160,000 None Available
Pedersen Melissa J $390,000 None Listed On Document
Toivo Llc $160,000 Attorney
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Melissa J $351,000
Closed Pedersen Melissa J $351,000
Closed Toivo Llc $0
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 $7,063 $470,500 $115,500 $355,000
2023 $6,650 $481,900 $122,100 $359,800
2022 $4,451 $454,000 $107,000 $347,000
2021 $4,176 $319,000 $98,000 $221,000
2020 $4,141 $295,000 $80,000 $215,000
2019 $4,167 $277,000 $86,000 $191,000
2018 $3,882 $266,000 $70,000 $196,000
2017 $3,657 $225,000 $53,000 $172,000
2016 $3,708 $215,000 $55,000 $160,000
2015 $3,307 $209,000 $56,000 $153,000
2014 -- $187,000 $54,000 $133,000
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55427 Valley Place

6518 31st Ave N, Minneapolis, MN

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