Taxes
- Assessed Value: $11,775,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 16-027-24-13-0037
- Assessed Land Value: 3543900
- Market Land Value: 3543900
- Tax Amount: 379671.88
- Tax Year: 2025
- Market Value: 11775000
- Market Year: 2025
1240 W 98th St; Minneapolis, MN Property Details
Off market
1240 W 98th St Minneapolis, MN 55431
$11,775,000 Estimated Value
Property Type
Industrial (General)Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Mixed
- Owner Status: Mixed
- Year Built: 1978
- Purchase Price: $15,150,000
- APN: 16-027-24-13-0037
- Situs County: Hennepin
- Length Of Ownership: 10 years, 1 months
Legal Description
- Description: LOT 002 BLOCK 001 B NORMAN E DYER ADDN EXCEPT HIGHWAY IRREGULAR
Building Insights
Land Information
- Property Type: Industrial (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Bloomington Public School District
- Lat / Lon: 44.82752 / -93.29443
- Subdivision: Norman E Dyer Addn
- Property Class: Industrial
- County Use Code: I
Amenities
- Plus Four: 2612
Ownership Info
1240 W 98th St has no associated ownership info
1240 W 98th St has no associated ownership info.
Taxes
1240 W 98th St has 10 associated Taxes items
1240 W 98th 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 $11,775,000. The APN we've located for 1240 W 98th St is 16-027-24-13-0037.
Unlock the full reportTax History
1240 W 98th St has 8 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $11,775,000 | Land Value $3,543,900 | Improvement Value $8,231,100 | Tax Amount $379,671.88 | Change Rate +0.052085% | Assessed CR | Tax Rate +0.032244% |
| Year 2024 | Assessed Value $11,775,000 | Land Value $3,543,900 | Improvement Value $8,231,100 | Tax Amount $360,875.66 | Change Rate +0.04189% | Assessed CR | Tax Rate +0.030648% |
| Year 2023 | Assessed Value $11,775,000 | Land Value $3,543,900 | Improvement Value $8,231,100 | Tax Amount $346,366.41 | Change Rate +0.007108% | Assessed CR | Tax Rate +0.029415% |
| Year 2022 | Assessed Value $11,775,000 | Land Value $3,543,900 | Improvement Value $8,231,100 | Tax Amount $343,921.88 | Change Rate -0.053225% | Assessed CR | Tax Rate +0.029208% |
| Year 2021 | Assessed Value $10,513,000 | Land Value $3,543,900 | Improvement Value $6,969,100 | Tax Amount $363,256.12 | Change Rate +0.01296% | Assessed CR | Tax Rate +0.034553% |
| Year 2020 | Assessed Value $11,066,000 | Land Value $3,543,900 | Improvement Value $7,522,100 | Tax Amount $358,608.69 | Change Rate +0.214467% | Assessed CR | Tax Rate +0.032406% |
| Year 2019 | Assessed Value $10,539,000 | Land Value $3,543,900 | Improvement Value $6,995,100 | Tax Amount $295,280.72 | Change Rate -0.020357% | Assessed CR | Tax Rate +0.028018% |
| Year 2018 | Assessed Value $8,431,000 | Land Value $3,543,900 | Improvement Value $4,887,100 | Tax Amount $301,416.53 | Change Rate | Assessed CR | Tax Rate +0.035751% |