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116 E 38th St; Minneapolis, MN Property Details

116 E 38th St, Minneapolis, MN is a Duplex 2 Units that was built in 1900. This property is currently Financed and is not for sale. Our records show that 116 E 38th St has 6 bedrooms, and 2 bathrooms, and a total of 2,462 square feet. The lot size of 116 E 38th St is 4,792 square feet.

Off market
116 E 38th St Minneapolis, MN 55409
$355,500 Listing Price
6 Beds
2 Baths
2,462 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $355,500
  • Open Loans / Balance: 1 / $293,564
  • Est. Equity / %: $211,436 / 41.87%
  • APN: 03-028-24-43-0114
  • Situs County: Hennepin
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12

Structure

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

Measurements

  • Total: 2,462/SqFt
  • Lot: 4,792/SqFt
  • Gross: 3,683/SqFt
  • Living: 2,462/SqFt
  • Basement: 1,221/SqFt
  • Building: 3,683/SqFt
  • Ground: 934/SqFt
  • Price Per Square Foot: $144.39

Legal Description

  • Description: LOT 015 BLOCK 001 A HIGMAN RIDGWAY & COS ADDN TO MPLS 40.00 X 125.00
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.934383 / -93.27581
  • Subdivision: Higman Ridgway & Cos Addn To Mpls
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: DB

Amenities

  • Plus Four: 1343
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

116 E 38th St has no associated ownership info
116 E 38th St has no associated ownership info.

Taxes

116 E 38th St has 10 associated Taxes items

116 E 38th 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 $501,200. The APN we've located for 116 E 38th St is 03-028-24-43-0114.

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Taxes
  • Assessed Value:  $501,200
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  03-028-24-43-0114
  • Assessed Land Value:  103000
  • Market Land Value:  103000
  • Tax Amount:  7739.2
  • Tax Year:  2025
  • Market Value:  501200
  • Market Year:  2025

Tax History

116 E 38th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $501,200 Land Value $103,000 Improvement Value $398,200 Tax Amount $7,739.2 Change Rate +0.098416% Assessed CR Tax Rate +0.015441%
Year 2024 Assessed Value $477,000 Land Value $103,000 Improvement Value $374,000 Tax Amount $7,045.78 Change Rate +0.188977% Assessed CR Tax Rate +0.014771%
Year 2023 Assessed Value $454,000 Land Value $90,000 Improvement Value $364,000 Tax Amount $5,925.92 Change Rate +0.149892% Assessed CR Tax Rate +0.013053%
Year 2022 Assessed Value $413,000 Land Value $88,000 Improvement Value $325,000 Tax Amount $5,153.46 Change Rate +0.172083% Assessed CR Tax Rate +0.012478%
Year 2021 Assessed Value $375,000 Land Value $55,000 Improvement Value $320,000 Tax Amount $4,396.84 Change Rate -0.015966% Assessed CR Tax Rate +0.011725%
Year 2020 Assessed Value $335,000 Land Value $47,000 Improvement Value $288,000 Tax Amount $4,468.18 Change Rate +0.230375% Assessed CR Tax Rate +0.013338%
Year 2019 Assessed Value $316,000 Land Value $39,000 Improvement Value $277,000 Tax Amount $3,631.56 Change Rate -0.131364% Assessed CR Tax Rate +0.011492%
Year 2018 Assessed Value $255,500 Land Value $39,000 Improvement Value $216,500 Tax Amount $4,180.76 Change Rate +0.082846% Assessed CR Tax Rate +0.016363%
Year 2017 Assessed Value $206,000 Land Value $35,500 Improvement Value $170,500 Tax Amount $3,860.9 Change Rate -0.041204% Assessed CR Tax Rate +0.018742%
Year 2016 Assessed Value $206,000 Land Value $35,500 Improvement Value $170,500 Tax Amount $4,026.82 Change Rate +0.068717% Assessed CR Tax Rate +0.019548%
Year 2015 Assessed Value $183,500 Land Value $35,500 Improvement Value $148,000 Tax Amount $3,767.9 Change Rate Assessed CR Tax Rate +0.020534%
Year 2014 Assessed Value $163,500 Land Value $32,600 Improvement Value $130,900 Tax Amount Change Rate Assessed CR Tax Rate