NOT LISTED FOR SALE

700 S 2nd St Unit W40 Minneapolis, MN 55401

Downtown East Neighborhood

Estimated Value: $1,392,000 - $1,748,021

2 Beds
3 Baths
2,750 Sq Ft
$567/Sq Ft Est. Value

About This Home

This home is located at 700 S 2nd St Unit W40, Minneapolis, MN 55401 and is currently estimated at $1,560,505, approximately $567 per square foot. 700 S 2nd St Unit W40 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Pejovich Revocable Management Trust
Bought by
Pej Family Ltd
Current Estimated Value
$1,560,505

Purchase Details

Closed on
May 16, 2023
Sold by
Pfjovich Philip
Bought by
Pfjovich Revocable Management Trust

Purchase Details

Closed on
May 17, 2022
Sold by
Schmid Sharon J and Schmid Thomas J
Bought by
Peiovich Philio and Pejovich Susan Myers

Purchase Details

Closed on
Jan 26, 2012
Sold by
Erickson Michael D
Bought by
Schmid Thomas J and Schmid Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
3.42%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2007
Sold by
Erickson Carolyn A
Bought by
Erickson Michael D

Purchase Details

Closed on
Sep 24, 2002
Sold by
Brighton Development Corp
Bought by
Erickson Carolyn
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
Pej Family Ltd -- None Listed On Document
Pfjovich Revocable Management Trust -- None Listed On Document
Peiovich Philio $1,535,000 None Listed On Document
Schmid Thomas J $935,000 Burnet Title
Erickson Michael D $1,300,000 --
Erickson Carolyn $933,782 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmid Thomas J $350,000
Previous Owner Schmid Thomas J $748,000
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 $22,039 $1,467,000 $153,000 $1,314,000
2022 $25,498 $1,513,000 $141,000 $1,372,000
2021 $25,916 $1,593,000 $123,000 $1,470,000
2020 $28,051 $1,677,000 $112,800 $1,564,200
2019 $27,376 $1,677,000 $56,400 $1,620,600
2018 $25,711 $1,597,000 $56,400 $1,540,600
2017 $25,298 $1,439,000 $56,400 $1,382,600
2016 $22,165 $1,235,000 $56,400 $1,178,600
2015 $18,697 $1,010,000 $56,400 $953,600
2014 -- $904,500 $56,400 $848,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55401 Downtown East

700 S 2nd St Unit W40, Minneapolis, MN

This home is located at 700 S 2nd St Unit W40, Minneapolis, MN 55401 and is currently estimated at $1,560,505, approximately $567 per square foot. 700 S 2nd St Unit W40 is a home located in Hennepin County with nearby schools including Webster Elementary, Northeast Middle School, and Thomas Edison 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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