Taxes
- Assessed Value: $696,400
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 29-029-24-42-0070
- Assessed Land Value: 218000
- Market Land Value: 218000
- Tax Amount: 11426.08
- Tax Year: 2025
- Market Value: 696400
- Market Year: 2025
1012 Thomas Ave; Minneapolis, MN Property Details
Off market
1012 Thomas Ave S Minneapolis, MN 55405
$474,900 Listing Price
4 Beds
3.75 Baths
2,016 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1926
- Purchase Price: $474,900
- Open Loans / Balance: 1 / $262,556
- Est. Equity / %: $577,444 / 68.74%
- Gross Yield: 6.213%
- APN: 29-029-24-42-0070
- Situs County: Hennepin
- Length Of Ownership: 13 years
Rooms
- Bedrooms: 4
- Bathrooms: 3.75
- Full Bathrooms: 3
- Total Rooms: 9
- Partial Bathrooms: 1
Structure
- Building Style: Wood
- Stories: 1.25
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 2,016/SqFt
- Lot: 10,454/SqFt
- Gross: 3,316/SqFt
- Living: 2,016/SqFt
- Basement: 1,300/SqFt
- Building: 3,316/SqFt
- Ground: 1,300/SqFt
- Price Per Square Foot: $235.57
Legal Description
- Description: LOT 004 BLOCK 002 A NORWOODS CEDAR LAKE PARK ADDN TO MPLS LOT 4 AND COM AT NW COR OF LOT 3 TH ELY ALONG THE NLY LINE THEREOF 27 5/10 FT TH SLY TO A PT ON SLY LINE OF LOT 3 DIS 21 FT NELY FROM T S 61X175X80X140
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: 44.969627 / -93.314316
- Subdivision: Norwoods Cedar Lake Park Addn To Mpls
- Property Class: Residential
- Zoning: R1
- County Use Code: R
Amenities
- Plus Four: 2113
- Cooling: Yes
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Forced air unit
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1012 Thomas Ave S has no associated ownership info
1012 Thomas Ave S has no associated ownership info.
Taxes
1012 Thomas Ave S has 10 associated Taxes items
1012 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 $696,400. The APN we've located for 1012 Thomas Ave is 29-029-24-42-0070.
Unlock the full reportTax History
1012 Thomas Ave S has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $696,400 | Land Value $218,000 | Improvement Value $478,400 | Tax Amount $11,426.08 | Change Rate +0.145391% | Assessed CR | Tax Rate +0.016407% |
| Year 2024 | Assessed Value $641,000 | Land Value $218,000 | Improvement Value $423,000 | Tax Amount $9,975.7 | Change Rate +0.17901% | Assessed CR | Tax Rate +0.015563% |
| Year 2023 | Assessed Value $622,000 | Land Value $212,000 | Improvement Value $410,000 | Tax Amount $8,461.08 | Change Rate +0.19199% | Assessed CR | Tax Rate +0.013603% |
| Year 2022 | Assessed Value $541,000 | Land Value $182,000 | Improvement Value $359,000 | Tax Amount $7,098.28 | Change Rate +0.090684% | Assessed CR | Tax Rate +0.013121% |
| Year 2021 | Assessed Value $510,000 | Land Value $155,000 | Improvement Value $355,000 | Tax Amount $6,508.1 | Change Rate -0.076648% | Assessed CR | Tax Rate +0.012761% |
| Year 2020 | Assessed Value $486,000 | Land Value $237,200 | Improvement Value $248,800 | Tax Amount $7,048.34 | Change Rate -0.028996% | Assessed CR | Tax Rate +0.014503% |
| Year 2019 | Assessed Value $486,000 | Land Value $237,200 | Improvement Value $248,800 | Tax Amount $7,258.82 | Change Rate +0.083102% | Assessed CR | Tax Rate +0.014936% |
| Year 2018 | Assessed Value $486,000 | Land Value $237,200 | Improvement Value $248,800 | Tax Amount $6,701.88 | Change Rate -0.023818% | Assessed CR | Tax Rate +0.01379% |
| Year 2017 | Assessed Value $446,000 | Land Value $215,600 | Improvement Value $230,400 | Tax Amount $6,865.4 | Change Rate -0.030806% | Assessed CR | Tax Rate +0.015393% |
| Year 2016 | Assessed Value $446,000 | Land Value $215,600 | Improvement Value $230,400 | Tax Amount $7,083.62 | Change Rate +0.008925% | Assessed CR | Tax Rate +0.015883% |
| Year 2015 | Assessed Value $421,500 | Land Value $215,600 | Improvement Value $205,900 | Tax Amount $7,020.96 | Change Rate | Assessed CR | Tax Rate +0.016657% |
| Year 2014 | Assessed Value $354,000 | Land Value $186,400 | Improvement Value $167,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |