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
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.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |