NOT LISTED FOR SALE

Estimated Value: $326,000 - $364,000

4 Beds
2 Baths
1,800 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 8540 Penn Ave S, Minneapolis, MN 55431 and is currently estimated at $348,730, approximately $193 per square foot. 8540 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
Jul 30, 2021
Sold by
Arendt Mark W and Arendt Amy
Bought by
Sanchez Cristhian A Sibri and Aguaiza Jeisy J
Current Estimated Value
$348,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Outstanding Balance
$282,455
Interest Rate
2.9%
Mortgage Type
Stand Alone First
Estimated Equity
$56,085

Purchase Details

Closed on
Jul 27, 2021
Sold by
Arendt William F and Arendt Marcene J
Bought by
Arendt Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Outstanding Balance
$282,455
Interest Rate
2.9%
Mortgage Type
Stand Alone First
Estimated Equity
$56,085

Purchase Details

Closed on
Dec 6, 2004
Sold by
Arendt William F
Bought by
Arendt Mark W and Arendt Sunshine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.5%
Mortgage Type
Land Contract Argmt. Of Sale
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
Sanchez Cristhian A Sibri $315,000 West Title Llc
Arendt Mark W $180,000 West Title Llc
Arendt Mark W $180,000 --
Sibri Sanchez Cristhian Cristhian $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Cristhian A Sibri $309,294
Closed Sanchez Cristhian A Sibri $309,294
Previous Owner Arendt Mark W $180,000
Closed Sibri Sanchez Cristhian Cristhian $314,121
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 $3,394 $290,800 $105,400 $185,400
2022 $2,644 $287,100 $105,400 $181,700
2021 $2,574 $220,800 $97,500 $123,300
2020 $2,690 $192,800 $87,800 $105,000
2019 $2,674 $195,500 $93,300 $102,200
2018 $2,333 $188,300 $84,300 $104,000
2017 $1,958 $163,100 $67,200 $95,900
2016 $1,970 $157,000 $64,100 $92,900
2015 $1,878 $146,200 $63,100 $83,100
2014 -- $136,000 $61,200 $74,800
Source: Public Records

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