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1223 E 54th St; Minneapolis, MN Property Details

1223 E 54th St, Minneapolis, MN is a Single Family that was built in 1940. This property is not for sale. Our records show that 1223 E 54th St has 2 bedrooms, and 1 bathroom, and a total of 810 square feet. The lot size of 1223 E 54th St is 6,970 square feet.

Off market
1223 E 54th St Minneapolis, MN 55417
$340,000 Estimated Value
2 Beds
1 Baths
810 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $55,000
  • Est. Equity / %: $392,000 / 100%
  • Gross Yield: 6.303%
  • APN: 23-028-24-12-0043
  • Situs County: Hennepin
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Wood
  • Stories: 1.25
  • Exterior Wall Type: Metal
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 810/SqFt
  • Lot: 6,970/SqFt
  • Gross: 1,620/SqFt
  • Living: 810/SqFt
  • Basement: 810/SqFt
  • Building: 1,620/SqFt
  • Ground: 840/SqFt
  • Price Per Square Foot: $67.90

Legal Description

  • Description: LOT 002 BLOCK 003 A EDGEWATER ON NOKOMIS 51.00 X 135.00
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: 44.905045 / -93.25674
  • Subdivision: Edgewater On Nokomis
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: R

Amenities

  • Plus Four: 1845
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1223 E 54th St has no associated ownership info
1223 E 54th St has no associated ownership info.

Taxes

1223 E 54th St has 10 associated Taxes items

1223 E 54th 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 $340,000. The APN we've located for 1223 E 54th St is 23-028-24-12-0043.

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Taxes
  • Assessed Value:  $340,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  23-028-24-12-0043
  • Assessed Land Value:  192000
  • Market Land Value:  192000
  • Tax Amount:  5021.02
  • Tax Year:  2025
  • Market Value:  340000
  • Market Year:  2025

Tax History

1223 E 54th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $340,000 Land Value $192,000 Improvement Value $148,000 Tax Amount $5,021.02 Change Rate +0.13454% Assessed CR Tax Rate +0.014768%
Year 2024 Assessed Value $315,000 Land Value $192,000 Improvement Value $123,000 Tax Amount $4,425.6 Change Rate +0.069032% Assessed CR Tax Rate +0.01405%
Year 2023 Assessed Value $325,000 Land Value $192,000 Improvement Value $133,000 Tax Amount $4,139.82 Change Rate +0.132875% Assessed CR Tax Rate +0.012738%
Year 2022 Assessed Value $298,000 Land Value $155,000 Improvement Value $143,000 Tax Amount $3,654.26 Change Rate -0.022204% Assessed CR Tax Rate +0.012263%
Year 2021 Assessed Value $275,000 Land Value $119,000 Improvement Value $156,000 Tax Amount $3,737.24 Change Rate -0.076924% Assessed CR Tax Rate +0.01359%
Year 2020 Assessed Value $289,000 Land Value $112,300 Improvement Value $176,700 Tax Amount $4,048.68 Change Rate +0.05016% Assessed CR Tax Rate +0.014009%
Year 2019 Assessed Value $289,000 Land Value $84,800 Improvement Value $204,200 Tax Amount $3,855.3 Change Rate +0.011932% Assessed CR Tax Rate +0.01334%
Year 2018 Assessed Value $262,500 Land Value $84,800 Improvement Value $177,700 Tax Amount $3,809.84 Change Rate +0.061497% Assessed CR Tax Rate +0.014514%
Year 2017 Assessed Value $228,500 Land Value $77,100 Improvement Value $151,400 Tax Amount $3,589.12 Change Rate +0.009234% Assessed CR Tax Rate +0.015707%
Year 2016 Assessed Value $220,000 Land Value $77,100 Improvement Value $142,900 Tax Amount $3,556.28 Change Rate +0.006823% Assessed CR Tax Rate +0.016165%
Year 2015 Assessed Value $209,500 Land Value $77,100 Improvement Value $132,400 Tax Amount $3,532.18 Change Rate Assessed CR Tax Rate +0.01686%
Year 2014 Assessed Value $191,500 Land Value $73,400 Improvement Value $118,100 Tax Amount Change Rate Assessed CR Tax Rate