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1 Thomas Ave; Minneapolis, MN Property Details

1 Thomas Ave, Minneapolis, MN is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 1 Thomas Ave has 4 bedrooms, and 3.75 bathrooms, and a total of 1,920 square feet. The lot size of 1 Thomas Ave is 4,792 square feet.

Off market
1 Thomas Ave S Minneapolis, MN 55405
$1,050,000 Listing Price
4 Beds
3.75 Baths
1,920 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $1,050,000
  • Open Loans / Balance: 1 / $825,419
  • Est. Equity / %: $117,581 / 12.47%
  • Gross Yield: 8.853%
  • APN: 29-029-24-11-0048
  • Situs County: Hennepin
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.75
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,920/SqFt
  • Lot: 4,792/SqFt
  • Gross: 2,880/SqFt
  • Living: 1,920/SqFt
  • Basement: 960/SqFt
  • Building: 2,880/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $546.88

Legal Description

  • Description: LOT 030 BLOCK 002 A FOUNTAIN SPRING ADDN 38.00 X 128.10
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: 44.977024 / -93.31307
  • Subdivision: Fountain Spring Addn
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 1900
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

1 Thomas Ave S has 10 associated Taxes items

1 Thomas 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 $784,000. The APN we've located for 1 Thomas Ave is 29-029-24-11-0048.

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Taxes
  • Assessed Value:  $784,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  29-029-24-11-0048
  • Assessed Land Value:  183000
  • Market Land Value:  183000
  • Tax Amount:  13074.58
  • Tax Year:  2025
  • Market Value:  784000
  • Market Year:  2025

Tax History

1 Thomas Ave S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $784,000 Land Value $183,000 Improvement Value $601,000 Tax Amount $13,074.58 Change Rate +0.160382% Assessed CR Tax Rate +0.016677%
Year 2024 Assessed Value $713,000 Land Value $183,000 Improvement Value $530,000 Tax Amount $11,267.48 Change Rate -0.113272% Assessed CR Tax Rate +0.015803%
Year 2023 Assessed Value $815,000 Land Value $173,000 Improvement Value $642,000 Tax Amount $12,706.8 Change Rate +2.120699% Assessed CR Tax Rate +0.015591%
Year 2022 Assessed Value $305,000 Land Value $158,000 Improvement Value $147,000 Tax Amount $4,071.78 Change Rate +0.189932% Assessed CR Tax Rate +0.01335%
Year 2021 Assessed Value $295,000 Land Value $129,000 Improvement Value $166,000 Tax Amount $3,421.86 Change Rate -0.055418% Assessed CR Tax Rate +0.0116%
Year 2020 Assessed Value $268,500 Land Value $95,900 Improvement Value $172,600 Tax Amount $3,622.62 Change Rate -0.029532% Assessed CR Tax Rate +0.013492%
Year 2019 Assessed Value $263,000 Land Value $95,900 Improvement Value $167,100 Tax Amount $3,732.86 Change Rate +0.07426% Assessed CR Tax Rate +0.014193%
Year 2018 Assessed Value $263,000 Land Value $95,900 Improvement Value $167,100 Tax Amount $3,474.82 Change Rate -0.024623% Assessed CR Tax Rate +0.013212%
Year 2017 Assessed Value $246,000 Land Value $87,200 Improvement Value $158,800 Tax Amount $3,562.54 Change Rate -0.031424% Assessed CR Tax Rate +0.014482%
Year 2016 Assessed Value $246,000 Land Value $87,200 Improvement Value $158,800 Tax Amount $3,678.12 Change Rate -0.516542% Assessed CR Tax Rate +0.014952%
Year 2015 Assessed Value $246,000 Land Value $87,200 Improvement Value $158,800 Tax Amount $7,607.94 Change Rate Assessed CR Tax Rate +0.030927%
Year 2014 Assessed Value $214,000 Land Value $72,700 Improvement Value $141,300 Tax Amount Change Rate Assessed CR Tax Rate