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116 Peninsula Rd; Minneapolis, MN Property Details

116 Peninsula Rd, Minneapolis, MN is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 116 Peninsula Rd has 3 bedrooms, and 1.75 bathrooms, and a total of 1,008 square feet. The lot size of 116 Peninsula Rd is 14,375 square feet.

Off market
116 Peninsula Rd Minneapolis, MN 55441
$574,000 Listing Price
3 Beds
1.75 Baths
1,008 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1953
  • Purchase Price: $574,000
  • Open Loans / Balance: 1 / $400,502
  • Est. Equity / %: $432,498 / 51.92%
  • Gross Yield: 8.37%
  • APN: 25-118-22-32-0002
  • Situs County: Hennepin
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,008/SqFt
  • Lot: 14,375/SqFt
  • Gross: 2,114/SqFt
  • Garage: 400/SqFt
  • Living: 1,008/SqFt
  • Basement: 706/SqFt
  • Building: 2,114/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $569.44

Legal Description

  • Description: LOT 007 BLOCK 003 A MEDICINE LAKE PARK 1ST DIV THAT PART OF LOT 7 LYING NLY OF SLY 11 FT THEREOF AND THE SLY 11 FT OF SWLY 93 4/10 FT THEREOF INCL ADJ SLY 5 FT OF ST VAC IRREGULAR
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wayzata Public School District
  • Lat / Lon: 44.996685 / -93.41724
  • Subdivision: Medicine Lake Park 1st Div
  • Property Class: Residential
  • County Use Code: RL

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4112
  • Cooling: Packaged Unit
  • Garage: Attached Garage
  • Heating: Floor/Wall
  • Parking: 2

Ownership Info

116 Peninsula Rd has no associated ownership info
116 Peninsula Rd has no associated ownership info.

Taxes

116 Peninsula Rd has 10 associated Taxes items

116 Peninsula Rd, 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 $740,000. The APN we've located for 116 Peninsula Rd is 25-118-22-32-0002.

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Taxes
  • Assessed Value:  $740,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  25-118-22-32-0002
  • Assessed Land Value:  570000
  • Market Land Value:  570000
  • Tax Amount:  10190.84
  • Tax Year:  2025
  • Market Value:  740000
  • Market Year:  2025

Tax History

116 Peninsula Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $740,000 Land Value $570,000 Improvement Value $170,000 Tax Amount $10,190.84 Change Rate +0.004778% Assessed CR Tax Rate +0.013771%
Year 2024 Assessed Value $766,300 Land Value $580,000 Improvement Value $186,300 Tax Amount $10,142.38 Change Rate +0.123677% Assessed CR Tax Rate +0.013236%
Year 2023 Assessed Value $706,000 Land Value $550,000 Improvement Value $156,000 Tax Amount $9,026.06 Change Rate +0.072407% Assessed CR Tax Rate +0.012785%
Year 2022 Assessed Value $665,000 Land Value $500,000 Improvement Value $165,000 Tax Amount $8,416.64 Change Rate +0.117896% Assessed CR Tax Rate +0.012657%
Year 2021 Assessed Value $568,000 Land Value $425,000 Improvement Value $143,000 Tax Amount $7,529 Change Rate +0.025668% Assessed CR Tax Rate +0.013255%
Year 2020 Assessed Value $524,000 Land Value $410,000 Improvement Value $114,000 Tax Amount $7,340.58 Change Rate +0.066849% Assessed CR Tax Rate +0.014009%
Year 2019 Assessed Value $494,000 Land Value $380,000 Improvement Value $114,000 Tax Amount $6,880.62 Change Rate +0.00372% Assessed CR Tax Rate +0.013928%
Year 2018 Assessed Value $483,000 Land Value $380,000 Improvement Value $103,000 Tax Amount $6,855.12 Change Rate +0.082185% Assessed CR Tax Rate +0.014193%
Year 2017 Assessed Value $467,000 Land Value $380,000 Improvement Value $87,000 Tax Amount $6,334.52 Change Rate +0.069366% Assessed CR Tax Rate +0.013564%
Year 2016 Assessed Value $413,000 Land Value $334,000 Improvement Value $79,000 Tax Amount $5,923.62 Change Rate -0.011356% Assessed CR Tax Rate +0.014343%
Year 2015 Assessed Value $429,000 Land Value $351,000 Improvement Value $78,000 Tax Amount $5,991.66 Change Rate Assessed CR Tax Rate +0.013967%
Year 2014 Assessed Value $371,000 Land Value $301,000 Improvement Value $70,000 Tax Amount Change Rate Assessed CR Tax Rate