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1 Penn Ave; Minneapolis, MN Property Details

1 Penn Ave, Minneapolis, MN is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 1 Penn Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,496 square feet. The lot size of 1 Penn Ave is 7,841 square feet.

Off market
1 Penn Ave S Minneapolis, MN 55405
$255,000 Listing Price
3 Beds
1.5 Baths
1,496 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1988
  • Purchase Price: $255,000
  • Open Loans / Balance: 1 / $200,434
  • Est. Equity / %: $235,566 / 54.03%
  • Gross Yield: 9.184%
  • APN: 28-029-24-22-0038
  • Situs County: Hennepin
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,496/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,244/SqFt
  • Living: 1,496/SqFt
  • Basement: 748/SqFt
  • Building: 2,244/SqFt
  • Ground: 748/SqFt
  • Price Per Square Foot: $170.45

Legal Description

  • Description: LOT 028 BLOCK 004 A OSWALDS ADDN TO MPLS W38X109X21X30X127
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.977028 / -93.30798
  • Subdivision: Oswalds Addn To Mpls
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 2053
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1 Penn Ave S has no associated ownership info
1 Penn Ave S has no associated ownership info.

Taxes

1 Penn Ave S has 10 associated Taxes items

1 Penn Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $436,400. The APN we've located for 1 Penn Ave is 28-029-24-22-0038.

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Taxes
  • Assessed Value:  $436,400
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  28-029-24-22-0038
  • Assessed Land Value:  161000
  • Market Land Value:  161000
  • Tax Amount:  6623.58
  • Tax Year:  2025
  • Market Value:  436400
  • Market Year:  2025

Tax History

1 Penn Ave S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $436,400 Land Value $161,000 Improvement Value $275,400 Tax Amount $6,623.58 Change Rate +0.09153% Assessed CR Tax Rate +0.015178%
Year 2024 Assessed Value $418,000 Land Value $161,000 Improvement Value $257,000 Tax Amount $6,068.16 Change Rate +0.324521% Assessed CR Tax Rate +0.014517%
Year 2023 Assessed Value $357,000 Land Value $142,000 Improvement Value $215,000 Tax Amount $4,581.4 Change Rate +0.185509% Assessed CR Tax Rate +0.012833%
Year 2022 Assessed Value $315,000 Land Value $122,000 Improvement Value $193,000 Tax Amount $3,864.5 Change Rate +0.017927% Assessed CR Tax Rate +0.012268%
Year 2021 Assessed Value $290,000 Land Value $91,000 Improvement Value $199,000 Tax Amount $3,796.44 Change Rate -0.055532% Assessed CR Tax Rate +0.013091%
Year 2020 Assessed Value $294,500 Land Value $70,000 Improvement Value $224,500 Tax Amount $4,019.66 Change Rate -0.029335% Assessed CR Tax Rate +0.013649%
Year 2019 Assessed Value $288,500 Land Value $70,000 Improvement Value $218,500 Tax Amount $4,141.14 Change Rate Assessed CR Tax Rate +0.014354%
Year 2018 Assessed Value $288,500 Land Value $70,000 Improvement Value $218,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $262,500 Land Value $63,600 Improvement Value $198,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $238,500 Land Value $63,600 Improvement Value $174,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $238,500 Land Value $63,600 Improvement Value $174,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $207,500 Land Value $53,300 Improvement Value $154,200 Tax Amount Change Rate Assessed CR Tax Rate