NOT LISTED FOR SALE

Portland Tower 740 Portland Ave Unit 1307 Minneapolis, MN 55415

Elliot Park Neighborhood

Estimated Value: $419,000 - $573,000

2 Beds
2 Baths
1,302 Sq Ft
$385/Sq Ft Est. Value

About This Home

This home is located at 740 Portland Ave Unit 1307, Minneapolis, MN 55415 and is currently estimated at $501,539, approximately $385 per square foot. 740 Portland Ave Unit 1307 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
Nov 18, 2019
Sold by
Portland Tower L L C
Bought by
Reiter Donald E and Reiter Dorothy L
Current Estimated Value
$501,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$266,832
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$234,707
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
Reiter Donald E $618,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiter Donald E $300,000
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 $7,023 $531,000 $15,000 $516,000
2022 $7,949 $521,000 $12,000 $509,000
2021 $7,995 $560,000 $10,000 $550,000
2020 $5,841 $580,000 $9,800 $570,200
2019 $6,017 $403,000 $8,100 $394,900
2018 $5,761 $403,000 $8,100 $394,900
Source: Public Records

About Portland Tower

Map

Minnesota Hennepin County Minneapolis 55404 Elliot Park

740 Portland Ave Unit 1307, Minneapolis, MN

This home is located at 740 Portland Ave Unit 1307, Minneapolis, MN 55415 and is currently estimated at $501,539, approximately $385 per square foot. 740 Portland Ave Unit 1307 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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