Taxes
- Assessed Value: $540,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 29-029-24-42-0008
- Assessed Land Value: 252000
- Market Land Value: 252000
- Tax Amount: 8467.46
- Tax Year: 2025
- Market Value: 540000
- Market Year: 2025
1061 Thomas Ave; Minneapolis, MN Property Details
Off market
1061 Thomas Ave S Minneapolis, MN 55405
$395,000 Listing Price
2 Beds
1.5 Baths
1,206 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1936
- Purchase Price: $395,000
- Est. Equity / %: $678,000 / 100%
- Gross Yield: 7.71%
- APN: 29-029-24-42-0008
- Situs County: Hennepin
- Length Of Ownership: 16 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Wood
- Stories: 1
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Slate
Measurements
- Total: 1,206/SqFt
- Lot: 7,841/SqFt
- Gross: 2,412/SqFt
- Living: 1,206/SqFt
- Basement: 1,206/SqFt
- Building: 2,412/SqFt
- Ground: 1,206/SqFt
- Price Per Square Foot: $327.53
Legal Description
- Description: LOT 018 BLOCK 004 A CEDAR LAKE PARK ADDN TO MPLS LOT 18 AND SWLY 2 FT OF LOT 17 NW 50X160X52X151
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: 44.968678 / -93.315384
- Subdivision: Cedar Lake Park Addn To Mpls
- Property Class: Residential
- Zoning: R1
- County Use Code: R
Amenities
- Plus Four: 2114
- Cooling: Yes
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Forced air unit
- Parking: 1
Ownership Info
1061 Thomas Ave S has no associated ownership info
1061 Thomas Ave S has no associated ownership info.
Taxes
1061 Thomas Ave S has 10 associated Taxes items
1061 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 $540,000. The APN we've located for 1061 Thomas Ave is 29-029-24-42-0008.
Unlock the full reportTax History
1061 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 $540,000 | Land Value $252,000 | Improvement Value $288,000 | Tax Amount $8,467.46 | Change Rate -0.018907% | Assessed CR | Tax Rate +0.01568% |
| Year 2024 | Assessed Value $567,000 | Land Value $252,000 | Improvement Value $315,000 | Tax Amount $8,630.64 | Change Rate +0.138054% | Assessed CR | Tax Rate +0.015222% |
| Year 2023 | Assessed Value $567,000 | Land Value $246,000 | Improvement Value $321,000 | Tax Amount $7,583.68 | Change Rate +0.176961% | Assessed CR | Tax Rate +0.013375% |
| Year 2022 | Assessed Value $493,000 | Land Value $217,000 | Improvement Value $276,000 | Tax Amount $6,443.44 | Change Rate +0.087394% | Assessed CR | Tax Rate +0.01307% |
| Year 2021 | Assessed Value $465,000 | Land Value $215,000 | Improvement Value $250,000 | Tax Amount $5,925.58 | Change Rate -0.076647% | Assessed CR | Tax Rate +0.012743% |
| Year 2020 | Assessed Value $442,500 | Land Value $211,300 | Improvement Value $231,200 | Tax Amount $6,417.46 | Change Rate -0.028999% | Assessed CR | Tax Rate +0.014503% |
| Year 2019 | Assessed Value $442,500 | Land Value $211,300 | Improvement Value $231,200 | Tax Amount $6,609.12 | Change Rate +0.083317% | Assessed CR | Tax Rate +0.014936% |
| Year 2018 | Assessed Value $442,500 | Land Value $211,300 | Improvement Value $231,200 | Tax Amount $6,100.82 | Change Rate +0.007195% | Assessed CR | Tax Rate +0.013787% |
| Year 2017 | Assessed Value $393,500 | Land Value $192,100 | Improvement Value $201,400 | Tax Amount $6,057.24 | Change Rate -0.030807% | Assessed CR | Tax Rate +0.015393% |
| Year 2016 | Assessed Value $393,500 | Land Value $192,100 | Improvement Value $201,400 | Tax Amount $6,249.78 | Change Rate -0.046499% | Assessed CR | Tax Rate +0.015883% |
| Year 2015 | Assessed Value $393,500 | Land Value $192,100 | Improvement Value $201,400 | Tax Amount $6,554.56 | Change Rate | Assessed CR | Tax Rate +0.016657% |
| Year 2014 | Assessed Value $342,000 | Land Value $160,100 | Improvement Value $181,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |