NOT LISTED FOR SALE

7224 Grimes Ave N Minneapolis, MN 55429

West Palmer Lake Neighborhood

Estimated Value: $302,000 - $323,000

3 Beds
2 Baths
1,096 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 7224 Grimes Ave N, Minneapolis, MN 55429 and is currently estimated at $310,390, approximately $283 per square foot. 7224 Grimes Ave N is a home located in Hennepin County with nearby schools including Palmer Lake Elementary School, Park Center Senior High, and St Alphonsus Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Franczak Vickie
Bought by
Cobos Benito
Current Estimated Value
$310,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Outstanding Balance
$6,933
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$303,457
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
Cobos Benito $220,000 Titlesmart Inc
Franczak Vickie -- Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franczak Vickie $8,000
Open Cobos Benito $213,400
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 $4,564 $281,800 $84,000 $197,800
2023 $4,484 $279,500 $82,000 $197,500
2022 $3,196 $275,000 $85,000 $190,000
2021 $3,283 $231,000 $66,000 $165,000
2020 $3,131 $222,000 $62,000 $160,000
2019 $2,910 $207,000 $53,000 $154,000
2018 $2,565 $184,000 $45,000 $139,000
2017 $2,356 $151,000 $39,000 $112,000
2016 $2,218 $142,200 $40,000 $102,200
2015 $2,088 $134,400 $39,500 $94,900
2014 -- $116,300 $34,400 $81,900
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55429 West Palmer Lake

7224 Grimes Ave N, Minneapolis, MN

This home is located at 7224 Grimes Ave N, Minneapolis, MN 55429 and is currently estimated at $310,390, approximately $283 per square foot. 7224 Grimes Ave N is a home located in Hennepin County with nearby schools including Palmer Lake Elementary School, Park Center Senior High, and St Alphonsus Elementary 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.

Nearby Homes