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1121 W 48th St; Minneapolis, MN Property Details

1121 W 48th St, Minneapolis, MN is a Single Family that was built in 1915. This property is currently Financed and is not for sale. Our records show that 1121 W 48th St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,875 square feet. The lot size of 1121 W 48th St is 5,227 square feet.

Off market
1121 W 48th St Minneapolis, MN 55419
$705,000 Listing Price
3 Beds
2.5 Baths
1,875 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1915
  • Purchase Price: $705,000
  • Open Loans / Balance: 1 / $505,557
  • Est. Equity / %: $403,443 / 44.38%
  • Gross Yield: 6.617%
  • APN: 16-028-24-13-0025
  • Situs County: Hennepin
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,875/SqFt
  • Lot: 5,227/SqFt
  • Gross: 2,800/SqFt
  • Living: 1,875/SqFt
  • Basement: 925/SqFt
  • Building: 2,800/SqFt
  • Ground: 942/SqFt
  • Price Per Square Foot: $376.00

Legal Description

  • Description: LOT 030 BLOCK 009 A RGT FIFTH DIV REMINGTON PARK THAT PART OF LOTS 29 AND 30 LYING W OF THE E 65 FT THEREOF LOTS 29 AND 30 64.80 X 80.00
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: 44.91576 / -93.294426
  • Subdivision: Rgt Fifth Div Remington Park
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 5313
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 1

HOA

  • H O A One: $350
  • H O A Amount: $350
  • H O A One Frequency: Monthly
  • H O A One Name: Chelsea Woods Association
  • H O A One Type: Home Owner Association

Ownership Info

1121 W 48th St has no associated ownership info
1121 W 48th St has no associated ownership info.

Taxes

1121 W 48th St has 10 associated Taxes items

1121 W 48th 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 $690,500. The APN we've located for 1121 W 48th St is 16-028-24-13-0025.

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Taxes
  • Assessed Value:  $690,500
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  16-028-24-13-0025
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  11314.14
  • Tax Year:  2025
  • Market Value:  690500
  • Market Year:  2025

Tax History

1121 W 48th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $690,500 Land Value $300,000 Improvement Value $390,500 Tax Amount $11,314.14 Change Rate +0.014128% Assessed CR Tax Rate +0.016385%
Year 2024 Assessed Value $706,000 Land Value $300,000 Improvement Value $406,000 Tax Amount $11,156.52 Change Rate +0.110979% Assessed CR Tax Rate +0.015802%
Year 2023 Assessed Value $721,000 Land Value $297,000 Improvement Value $424,000 Tax Amount $10,042.06 Change Rate -0.01774% Assessed CR Tax Rate +0.013928%
Year 2022 Assessed Value $710,000 Land Value $253,000 Improvement Value $457,000 Tax Amount $10,223.42 Change Rate +0.010775% Assessed CR Tax Rate +0.014399%
Year 2021 Assessed Value $694,000 Land Value $242,000 Improvement Value $452,000 Tax Amount $10,114.44 Change Rate -0.07617% Assessed CR Tax Rate +0.014574%
Year 2020 Assessed Value $709,000 Land Value $209,300 Improvement Value $499,700 Tax Amount $10,948.38 Change Rate -0.027989% Assessed CR Tax Rate +0.015442%
Year 2019 Assessed Value $709,000 Land Value $200,400 Improvement Value $508,600 Tax Amount $11,263.64 Change Rate +0.179459% Assessed CR Tax Rate +0.015887%
Year 2018 Assessed Value $709,000 Land Value $200,400 Improvement Value $508,600 Tax Amount $9,549.84 Change Rate +0.04234% Assessed CR Tax Rate +0.013469%
Year 2017 Assessed Value $566,500 Land Value $182,200 Improvement Value $384,300 Tax Amount $9,161.92 Change Rate +0.070258% Assessed CR Tax Rate +0.016173%
Year 2016 Assessed Value $520,500 Land Value $182,200 Improvement Value $338,300 Tax Amount $8,560.48 Change Rate +0.055994% Assessed CR Tax Rate +0.016447%
Year 2015 Assessed Value $473,000 Land Value $182,200 Improvement Value $290,800 Tax Amount $8,106.56 Change Rate Assessed CR Tax Rate +0.017139%
Year 2014 Assessed Value $430,000 Land Value $170,800 Improvement Value $259,200 Tax Amount Change Rate Assessed CR Tax Rate