8500 Penn Ave S Bloomington, MN 55431
West Bloomington NeighborhoodEstimated Value: $371,000 - $389,000
3
Beds
2
Baths
1,384
Sq Ft
$273/Sq Ft
Est. Value
About This Home
This home is located at 8500 Penn Ave S, Bloomington, MN 55431 and is currently estimated at $377,543, approximately $272 per square foot. 8500 Penn Ave S is a home located in Hennepin County with nearby schools including Washburn Elementary School, Oak Grove Middle School, and Kennedy Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2012
Sold by
Payne Byron T and Payne Jill R
Bought by
Linpay 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
$79,900
Outstanding Balance
$55,384
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,159
Purchase Details
Closed on
Dec 9, 1996
Sold by
Herman Eldora L
Bought by
Payne Byron T and Payne Jill R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Linpay Llc | -- | Tradition Title | |
| Payne Byron T | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Linpay Llc | $79,900 |
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 | $4,384 | $337,100 | $109,200 | $227,900 |
| 2023 | $4,044 | $335,300 | $103,900 | $231,400 |
| 2022 | $3,723 | $330,800 | $103,900 | $226,900 |
| 2021 | $3,322 | $289,700 | $96,100 | $193,600 |
| 2020 | $3,458 | $261,000 | $97,400 | $163,600 |
| 2019 | $2,922 | $264,000 | $97,400 | $166,600 |
| 2018 | $3,057 | $218,800 | $97,900 | $120,900 |
| 2017 | $2,540 | $186,300 | $78,100 | $108,200 |
| 2016 | $2,694 | $187,000 | $75,300 | $111,700 |
| 2015 | $2,650 | $176,700 | $73,300 | $103,400 |
| 2014 | -- | $161,900 | $71,100 | $90,800 |
Source: Public Records
Map
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