816 University Ave SE Minneapolis, MN 55414
Marcy-Holmes NeighborhoodEstimated Value: $631,000 - $2,576,725
2
Beds
1
Bath
--
Sq Ft
0.29
Acres
About This Home
This home is located at 816 University Ave SE, Minneapolis, MN 55414 and is currently estimated at $1,144,931. 816 University Ave SE 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
May 16, 2024
Sold by
808 University Ave Llc
Bought by
816-818 University Avenue Southeast Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Outstanding Balance
$1,714,139
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$569,208
Purchase Details
Closed on
Dec 23, 2011
Sold by
Lupe Property Company Llc
Bought by
808 University Ava Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
816-818 University Avenue Southeast Llc | $500 | Land Title | |
808 University Ava Llc | -- | Titlenexus Llc | |
808 University Ave Llc | $1,150,000 | Titlenexus Llc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 816-818 University Avenue Southeast Llc | $2,150,000 | |
Closed | 816-818 University Avenue Southeast Llc | $2,150,000 | |
Previous Owner | 808 Univesity Ave Llc | $62,500 | |
Previous Owner | 808 University Ave Llc | $62,500 |
Source: Public Records
Tax History Compared to Growth
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 | $7,358 | $460,000 | $159,000 | $301,000 |
2022 | $7,441 | $423,000 | $127,000 | $296,000 |
2021 | $6,682 | $438,000 | $119,000 | $319,000 |
2020 | $6,690 | $409,000 | $144,600 | $264,400 |
2019 | $6,870 | $378,500 | $109,600 | $268,900 |
2018 | $5,932 | $378,500 | $109,600 | $268,900 |
2017 | $5,773 | $308,000 | $99,600 | $208,400 |
2016 | $5,182 | $268,000 | $99,600 | $168,400 |
2015 | $5,438 | $268,000 | $99,600 | $168,400 |
2014 | -- | $233,000 | $86,700 | $146,300 |
Source: Public Records
Map
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