NOT LISTED FOR SALE

7218 Newton Ave N Minneapolis, MN 55430

East Palmer Lake Neighborhood

Estimated Value: $302,954 - $335,000

3 Beds
1 Bath
1,464 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 7218 Newton Ave N, Minneapolis, MN 55430 and is currently estimated at $318,489, approximately $217 per square foot. 7218 Newton Ave N is a home located in Hennepin County with nearby schools including Evergreen Park Elementary School, Jackson Middle School, and Champlin Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Taylor Jason and Taylor Erica
Bought by
Lake Alexander and Lake Jehbeh
Current Estimated Value
$318,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,245
Outstanding Balance
$277,408
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$41,081

Purchase Details

Closed on
May 19, 2022
Sold by
Taylor Jason R and Taylor Erica C
Bought by
Lake Alexander M and Lake Jehbeh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,245
Outstanding Balance
$277,408
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$41,081

Purchase Details

Closed on
May 29, 2018
Sold by
Yang Yihan and Qin Shaojun
Bought by
Taylor Jason R and Taylor Erica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,353
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2016
Sold by
Abrams David E
Bought by
Yang Yihan
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
Lake Alexander $300,000 --
Lake Alexander M $300,000 Results Title
Taylor Jason R $184,900 First American Title Ins Co
Yang Yihan $147,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Alexander $292,245
Closed Lake Alexander M $291,000
Previous Owner Taylor Jason R $179,353
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 $3,737 $285,200 $92,000 $193,200
2023 $3,507 $272,500 $79,000 $193,500
2022 $2,593 $234,000 $69,000 $165,000
2021 $2,655 $198,000 $55,000 $143,000
2020 $2,651 $191,000 $53,000 $138,000
2019 $2,602 $186,000 $53,000 $133,000
2018 $1,997 $176,000 $48,000 $128,000
2017 $1,821 $132,000 $37,000 $95,000
2016 $2,408 $126,200 $40,000 $86,200
2015 $2,264 $116,900 $35,900 $81,000
2014 -- $107,900 $34,400 $73,500
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55430 East Palmer Lake

7218 Newton Ave N, Minneapolis, MN

This home is located at 7218 Newton Ave N, Minneapolis, MN 55430 and is currently estimated at $318,489, approximately $217 per square foot. 7218 Newton Ave N is a home located in Hennepin County with nearby schools including Evergreen Park Elementary School, Jackson Middle School, and Champlin Park 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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