Taxes
- Assessed Value: $591,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 21-028-24-12-0020
- Assessed Land Value: 316000
- Market Land Value: 316000
- Tax Amount: 9432.94
- Tax Year: 2025
- Market Value: 591000
- Market Year: 2025
1416 W 55th St; Minneapolis, MN Property Details
Off market
1416 W 55th St Minneapolis, MN 55419
$625,000 Listing Price
4 Beds
3.25 Baths
1,484 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1965
- Purchase Price: $625,000
- Open Loans / Balance: 1 / $460,699
- Est. Equity / %: $235,301 / 33.81%
- Gross Yield: 11.197%
- APN: 21-028-24-12-0020
- Situs County: Hennepin
- Length Of Ownership: 4 years, 5 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.25
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Wood
- Stories: 1
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: C
- Roof Type: Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 1,484/SqFt
- Lot: 16,117/SqFt
- Gross: 2,968/SqFt
- Living: 1,484/SqFt
- Basement: 1,484/SqFt
- Building: 2,968/SqFt
- Ground: 1,484/SqFt
- Price Per Square Foot: $421.16
Legal Description
- Description: T REG. LAND SURVEY NO. 0980 TRACTS D AND E 104.00 X 154.00
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: 44.90351 / -93.29829
- Subdivision: Reg. Land Survey No. 0980
- Property Class: Residential
- Zoning: R1
- County Use Code: R
Amenities
- Plus Four: 1613
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 2
Ownership Info
1416 W 55th St has no associated ownership info
1416 W 55th St has no associated ownership info.
Taxes
1416 W 55th St has 10 associated Taxes items
1416 W 55th 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 $591,000. The APN we've located for 1416 W 55th St is 21-028-24-12-0020.
Unlock the full reportTax History
1416 W 55th St 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 $591,000 | Land Value $316,000 | Improvement Value $275,000 | Tax Amount $9,432.94 | Change Rate -0.026014% | Assessed CR | Tax Rate +0.015961% |
| Year 2024 | Assessed Value $625,000 | Land Value $316,000 | Improvement Value $309,000 | Tax Amount $9,684.88 | Change Rate +0.168816% | Assessed CR | Tax Rate +0.015496% |
| Year 2023 | Assessed Value $611,000 | Land Value $316,000 | Improvement Value $295,000 | Tax Amount $8,286.06 | Change Rate +0.164443% | Assessed CR | Tax Rate +0.013561% |
| Year 2022 | Assessed Value $555,000 | Land Value $250,000 | Improvement Value $305,000 | Tax Amount $7,115.9 | Change Rate -0.015455% | Assessed CR | Tax Rate +0.012821% |
| Year 2021 | Assessed Value $511,000 | Land Value $219,000 | Improvement Value $292,000 | Tax Amount $7,227.6 | Change Rate -0.072636% | Assessed CR | Tax Rate +0.014144% |
| Year 2020 | Assessed Value $487,500 | Land Value $236,600 | Improvement Value $250,900 | Tax Amount $7,793.7 | Change Rate +0.014076% | Assessed CR | Tax Rate +0.015987% |
| Year 2019 | Assessed Value $487,500 | Land Value $194,300 | Improvement Value $293,200 | Tax Amount $7,685.52 | Change Rate +0.071395% | Assessed CR | Tax Rate +0.015765% |
| Year 2018 | Assessed Value $464,500 | Land Value $194,300 | Improvement Value $270,200 | Tax Amount $7,173.38 | Change Rate +0.017028% | Assessed CR | Tax Rate +0.015443% |
| Year 2017 | Assessed Value $407,000 | Land Value $176,600 | Improvement Value $230,400 | Tax Amount $7,053.28 | Change Rate +0.22948% | Assessed CR | Tax Rate +0.01733% |
| Year 2016 | Assessed Value $365,000 | Land Value $176,600 | Improvement Value $188,400 | Tax Amount $5,736.8 | Change Rate -0.04653% | Assessed CR | Tax Rate +0.015717% |
| Year 2015 | Assessed Value $365,000 | Land Value $176,600 | Improvement Value $188,400 | Tax Amount $6,016.76 | Change Rate | Assessed CR | Tax Rate +0.016484% |
| Year 2014 | Assessed Value $323,000 | Land Value $160,100 | Improvement Value $162,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |