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1401 Melrose Ave; Minneapolis, MN Property Details

1401 Melrose Ave, Minneapolis, MN is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 1401 Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 890 square feet. The lot size of 1401 Melrose Ave is 6,970 square feet.

Off market
1401 Melrose Ave Minneapolis, MN 55426
$330,000 Listing Price
2 Beds
1 Baths
890 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1956
  • Purchase Price: $330,000
  • Open Loans / Balance: 1 / $293,895
  • Est. Equity / %: $49,105 / 14.32%
  • Gross Yield: 8.159%
  • APN: 01-117-22-41-0072
  • Situs County: Hennepin
  • Length Of Ownership: 1 year, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 890/SqFt
  • Lot: 6,970/SqFt
  • Gross: 1,335/SqFt
  • Garage: 240/SqFt
  • Living: 1,157/SqFt
  • Basement: 445/SqFt
  • Building: 1,780/SqFt
  • Ground: 890/SqFt
  • Price Per Square Foot: $370.79

Legal Description

  • Description: LOT 009 BLOCK 002 T CEDAR KNOLL MANOR 3RD ADDN 60 X 115
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hopkins Public School District
  • Lat / Lon: 44.970013 / -93.40383
  • Subdivision: Cedar Knoll Manor 3rd Addn
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1843
  • Cooling: Packaged Unit
  • Garage: Underground/Basement
  • Heating: Floor/Wall
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1401 Melrose Ave has no associated ownership info
1401 Melrose Ave has no associated ownership info.

Taxes

1401 Melrose Ave has 10 associated Taxes items

1401 Melrose Ave, 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 $317,600. The APN we've located for 1401 Melrose Ave is 01-117-22-41-0072.

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Taxes
  • Assessed Value:  $317,600
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  01-117-22-41-0072
  • Assessed Land Value:  130800
  • Market Land Value:  130800
  • Tax Amount:  4251.62
  • Tax Year:  2025
  • Market Value:  317600
  • Market Year:  2025

Tax History

1401 Melrose Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $317,600 Land Value $130,800 Improvement Value $186,800 Tax Amount $4,251.62 Change Rate -0.145829% Assessed CR Tax Rate +0.013387%
Year 2024 Assessed Value $309,700 Land Value $128,300 Improvement Value $181,400 Tax Amount $4,977.48 Change Rate +0.293% Assessed CR Tax Rate +0.016072%
Year 2023 Assessed Value $307,100 Land Value $128,300 Improvement Value $178,800 Tax Amount $3,849.56 Change Rate +0.017272% Assessed CR Tax Rate +0.012535%
Year 2022 Assessed Value $317,900 Land Value $127,700 Improvement Value $190,200 Tax Amount $3,784.2 Change Rate +0.204791% Assessed CR Tax Rate +0.011904%
Year 2021 Assessed Value $275,800 Land Value $111,100 Improvement Value $164,700 Tax Amount $3,140.96 Change Rate -0.057035% Assessed CR Tax Rate +0.011389%
Year 2020 Assessed Value $250,700 Land Value $105,900 Improvement Value $144,800 Tax Amount $3,330.94 Change Rate +0.193252% Assessed CR Tax Rate +0.013287%
Year 2019 Assessed Value $234,800 Land Value $100,900 Improvement Value $133,900 Tax Amount $2,791.48 Change Rate +0.038018% Assessed CR Tax Rate +0.011889%
Year 2018 Assessed Value $216,200 Land Value $96,100 Improvement Value $120,100 Tax Amount $2,689.24 Change Rate +0.061456% Assessed CR Tax Rate +0.012439%
Year 2017 Assessed Value $191,300 Land Value $76,000 Improvement Value $115,300 Tax Amount $2,533.54 Change Rate -0.024083% Assessed CR Tax Rate +0.013244%
Year 2016 Assessed Value $189,800 Land Value $71,900 Improvement Value $117,900 Tax Amount $2,596.06 Change Rate +0.032149% Assessed CR Tax Rate +0.013678%
Year 2015 Assessed Value $181,100 Land Value $67,200 Improvement Value $113,900 Tax Amount $2,515.2 Change Rate Assessed CR Tax Rate +0.013888%
Year 2014 Assessed Value $177,200 Land Value $63,800 Improvement Value $113,400 Tax Amount Change Rate Assessed CR Tax Rate