Taxes
- Assessed Value: $571,500
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 30-027-24-31-0040
- Assessed Land Value: 298700
- Market Land Value: 298700
- Tax Amount: 8086.6
- Tax Year: 2025
- Market Value: 571500
- Market Year: 2025
11616 Palmer Rd; Minneapolis, MN Property Details
Off market
11616 Palmer Rd Minneapolis, MN 55437
$410,000 Listing Price
4 Beds
2.5 Baths
1,918 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1961
- Purchase Price: $410,000
- Open Loans / Balance: 2 / $343,457
- Est. Equity / %: $227,543 / 39.85%
- Gross Yield: 8.57%
- APN: 30-027-24-31-0040
- Situs County: Hennepin
- Length Of Ownership: 7 years
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Floor Cover Type: Wood
- Stories: 1
- Building Condition: Good
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Deck: true
Measurements
- Total: 1,918/SqFt
- Lot: 80,150/SqFt
- Gross: 2,858/SqFt
- Garage: 528/SqFt
- Living: 1,918/SqFt
- Basement: 940/SqFt
- Building: 2,446/SqFt
- Ground: 1,918/SqFt
- Garage Unfinished: 528/SqFt
- Price Per Square Foot: $213.76
Legal Description
- Description: LOT 032 BLOCK 006 T SOUTHWOOD TERRACE 6TH ADDN THAT PART OF LOT 32 LYING WLY OF A LINE RUNNING FROM A PT IN NELY LINE OF SAID LOT DIS 179 68/100 FT SLY FROM NELY COR THEREOF TO A T IRREGULAR
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Bloomington Public School District
- Lat / Lon: 44.79427 / -93.34249
- Subdivision: Southwood Terrace 6th Addn
- Property Class: Residential
- County Use Code: R
Amenities
- Heating Fuel Type: Electric
- Plus Four: 3438
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Floor/Wall
Ownership Info
11616 Palmer Rd has no associated ownership info
11616 Palmer Rd has no associated ownership info.
Taxes
11616 Palmer Rd has 10 associated Taxes items
11616 Palmer 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 $571,500. The APN we've located for 11616 Palmer Rd is 30-027-24-31-0040.
Unlock the full reportTax History
11616 Palmer Rd 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 $571,500 | Land Value $298,700 | Improvement Value $272,800 | Tax Amount $8,086.6 | Change Rate +0.034732% | Assessed CR | Tax Rate +0.01415% |
| Year 2024 | Assessed Value $584,900 | Land Value $307,300 | Improvement Value $277,600 | Tax Amount $7,815.16 | Change Rate +0.135591% | Assessed CR | Tax Rate +0.013362% |
| Year 2023 | Assessed Value $559,500 | Land Value $281,900 | Improvement Value $277,600 | Tax Amount $6,882.02 | Change Rate +0.224097% | Assessed CR | Tax Rate +0.0123% |
| Year 2022 | Assessed Value $522,900 | Land Value $234,700 | Improvement Value $288,200 | Tax Amount $5,622.12 | Change Rate +0.077621% | Assessed CR | Tax Rate +0.010752% |
| Year 2021 | Assessed Value $439,000 | Land Value $206,200 | Improvement Value $232,800 | Tax Amount $5,217.16 | Change Rate -0.113726% | Assessed CR | Tax Rate +0.011884% |
| Year 2020 | Assessed Value $411,600 | Land Value $200,400 | Improvement Value $211,200 | Tax Amount $5,886.62 | Change Rate +0.012021% | Assessed CR | Tax Rate +0.014302% |
| Year 2019 | Assessed Value $451,300 | Land Value $200,400 | Improvement Value $250,900 | Tax Amount $5,816.7 | Change Rate -0.005866% | Assessed CR | Tax Rate +0.012889% |
| Year 2018 | Assessed Value $437,600 | Land Value $207,500 | Improvement Value $230,100 | Tax Amount $5,851.02 | Change Rate +0.049593% | Assessed CR | Tax Rate +0.013371% |
| Year 2017 | Assessed Value $410,700 | Land Value $193,500 | Improvement Value $217,200 | Tax Amount $5,574.56 | Change Rate -0.077759% | Assessed CR | Tax Rate +0.013573% |
| Year 2016 | Assessed Value $421,400 | Land Value $207,200 | Improvement Value $214,200 | Tax Amount $6,044.58 | Change Rate -0.006845% | Assessed CR | Tax Rate +0.014344% |
| Year 2015 | Assessed Value $408,000 | Land Value $199,400 | Improvement Value $208,600 | Tax Amount $6,086.24 | Change Rate | Assessed CR | Tax Rate +0.014917% |
| Year 2014 | Assessed Value $361,500 | Land Value $186,200 | Improvement Value $175,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |