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131 W 56th St; Minneapolis, MN Property Details

131 W 56th St, Minneapolis, MN is a Single Family that was built in 1950. This property is not for sale. Our records show that 131 W 56th St has 1 bedroom, and 1.5 bathrooms, and a total of 1,195 square feet. The lot size of 131 W 56th St is 5,663 square feet.

Off market
131 W 56th St Minneapolis, MN 55419
$332,500 Estimated Value
1 Beds
1.5 Baths
1,195 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $135,000
  • Open Loans / Balance: 1 / $64,902
  • Est. Equity / %: $298,098 / 82.12%
  • Gross Yield: 7.937%
  • APN: 22-028-24-24-0074
  • Situs County: Hennepin
  • Length Of Ownership: 25 years, 8 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,195/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,390/SqFt
  • Living: 1,195/SqFt
  • Basement: 1,195/SqFt
  • Building: 2,390/SqFt
  • Ground: 1,195/SqFt
  • Price Per Square Foot: $112.97

Legal Description

  • Description: LOT 130 B AUDITORS SUBD. NO. 149 E 54 38/100 FT OF N 130 FT EX ST 54.40 X 100.00
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: 44.90128 / -93.281044
  • Subdivision: Auditors Subd. No. 149
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 1867
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

131 W 56th St has no associated ownership info
131 W 56th St has no associated ownership info.

Taxes

131 W 56th St has 10 associated Taxes items

131 W 56th 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 $332,500. The APN we've located for 131 W 56th St is 22-028-24-24-0074.

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Taxes
  • Assessed Value:  $332,500
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  22-028-24-24-0074
  • Assessed Land Value:  162000
  • Market Land Value:  162000
  • Tax Amount:  5002.36
  • Tax Year:  2025
  • Market Value:  332500
  • Market Year:  2025

Tax History

131 W 56th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $332,500 Land Value $162,000 Improvement Value $170,500 Tax Amount $5,002.36 Change Rate +0.065275% Assessed CR Tax Rate +0.015045%
Year 2024 Assessed Value $325,000 Land Value $162,000 Improvement Value $163,000 Tax Amount $4,695.84 Change Rate +0.118782% Assessed CR Tax Rate +0.014449%
Year 2023 Assessed Value $321,000 Land Value $152,000 Improvement Value $169,000 Tax Amount $4,197.28 Change Rate +0.143873% Assessed CR Tax Rate +0.013076%
Year 2022 Assessed Value $317,000 Land Value $152,000 Improvement Value $165,000 Tax Amount $3,669.36 Change Rate +0.153821% Assessed CR Tax Rate +0.011575%
Year 2021 Assessed Value $276,000 Land Value $112,000 Improvement Value $164,000 Tax Amount $3,180.18 Change Rate -0.077074% Assessed CR Tax Rate +0.011522%
Year 2020 Assessed Value $250,500 Land Value $87,400 Improvement Value $163,100 Tax Amount $3,445.76 Change Rate +0.02597% Assessed CR Tax Rate +0.013756%
Year 2019 Assessed Value $250,500 Land Value $64,900 Improvement Value $185,600 Tax Amount $3,358.54 Change Rate +0.040266% Assessed CR Tax Rate +0.013407%
Year 2018 Assessed Value $238,500 Land Value $64,900 Improvement Value $173,600 Tax Amount $3,228.54 Change Rate +0.080582% Assessed CR Tax Rate +0.013537%
Year 2017 Assessed Value $210,000 Land Value $59,000 Improvement Value $151,000 Tax Amount $2,987.78 Change Rate +0.044123% Assessed CR Tax Rate +0.014228%
Year 2016 Assessed Value $197,000 Land Value $59,000 Improvement Value $138,000 Tax Amount $2,861.52 Change Rate -0.109903% Assessed CR Tax Rate +0.014525%
Year 2015 Assessed Value $197,000 Land Value $59,000 Improvement Value $138,000 Tax Amount $3,214.84 Change Rate Assessed CR Tax Rate +0.016319%
Year 2014 Assessed Value $181,000 Land Value $57,300 Improvement Value $123,700 Tax Amount Change Rate Assessed CR Tax Rate