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1120 E 62nd St; Minneapolis, MN Property Details

1120 E 62nd St, Minneapolis, MN is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 1120 E 62nd St has 3 bedrooms, and 1 bathroom, and a total of 1,247 square feet. The lot size of 1120 E 62nd St is 6,534 square feet.

Off market
1120 E 62nd St Minneapolis, MN 55417
$275,000 Listing Price
3 Beds
1 Baths
1,247 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $231,842
  • Est. Equity / %: $112,158 / 32.6%
  • Gross Yield: 8.365%
  • APN: 23-028-24-34-0045
  • Situs County: Hennepin
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,247/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,182/SqFt
  • Living: 1,247/SqFt
  • Basement: 935/SqFt
  • Building: 2,182/SqFt
  • Ground: 1,247/SqFt
  • Price Per Square Foot: $220.53

Legal Description

  • Description: LOT 010 BLOCK 002 T FRANKLIN NURSERYS 3RD ADDN TO MPLS 56.00 X 117.00
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: 44.8909 / -93.258385
  • Subdivision: Franklin Nurserys 3rd Addn To Mpls
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: R

Amenities

  • Plus Four: 3237
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1120 E 62nd St has no associated ownership info
1120 E 62nd St has no associated ownership info.

Taxes

1120 E 62nd St has 10 associated Taxes items

1120 E 62nd St, 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 $288,000. The APN we've located for 1120 E 62nd St is 23-028-24-34-0045.

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Taxes
  • Assessed Value:  $288,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  23-028-24-34-0045
  • Assessed Land Value:  108000
  • Market Land Value:  108000
  • Tax Amount:  4153.38
  • Tax Year:  2025
  • Market Value:  288000
  • Market Year:  2025

Tax History

1120 E 62nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $288,000 Land Value $108,000 Improvement Value $180,000 Tax Amount $4,153.38 Change Rate +0.161609% Assessed CR Tax Rate +0.014421%
Year 2024 Assessed Value $262,000 Land Value $108,000 Improvement Value $154,000 Tax Amount $3,575.54 Change Rate +0.123557% Assessed CR Tax Rate +0.013647%
Year 2023 Assessed Value $257,000 Land Value $97,000 Improvement Value $160,000 Tax Amount $3,182.34 Change Rate +0.243034% Assessed CR Tax Rate +0.012383%
Year 2022 Assessed Value $242,000 Land Value $83,000 Improvement Value $159,000 Tax Amount $2,560.14 Change Rate +0.180822% Assessed CR Tax Rate +0.010579%
Year 2021 Assessed Value $202,000 Land Value $45,000 Improvement Value $157,000 Tax Amount $2,168.1 Change Rate -0.077538% Assessed CR Tax Rate +0.010733%
Year 2020 Assessed Value $180,500 Land Value $60,600 Improvement Value $119,900 Tax Amount $2,350.34 Change Rate +0.027255% Assessed CR Tax Rate +0.013021%
Year 2019 Assessed Value $180,500 Land Value $40,400 Improvement Value $140,100 Tax Amount $2,287.98 Change Rate -0.003302% Assessed CR Tax Rate +0.012676%
Year 2018 Assessed Value $172,000 Land Value $40,400 Improvement Value $131,600 Tax Amount $2,295.56 Change Rate -0.02567% Assessed CR Tax Rate +0.013346%
Year 2017 Assessed Value $172,000 Land Value $36,700 Improvement Value $135,300 Tax Amount $2,356.04 Change Rate +0.049059% Assessed CR Tax Rate +0.013698%
Year 2016 Assessed Value $161,000 Land Value $36,700 Improvement Value $124,300 Tax Amount $2,245.86 Change Rate -0.046943% Assessed CR Tax Rate +0.013949%
Year 2015 Assessed Value $161,000 Land Value $36,700 Improvement Value $124,300 Tax Amount $2,356.48 Change Rate Assessed CR Tax Rate +0.014637%
Year 2014 Assessed Value $153,500 Land Value $36,700 Improvement Value $116,800 Tax Amount Change Rate Assessed CR Tax Rate