Taxes
- Assessed Value: $296,400
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 09-027-24-21-0066
- Assessed Land Value: 128300
- Market Land Value: 128300
- Tax Amount: 3854.16
- Tax Year: 2025
- Market Value: 296400
- Market Year: 2025
1508 W 87th St; Minneapolis, MN Property Details
Off market
1508 W 87th St Minneapolis, MN 55431
$296,400 Estimated Value
3 Beds
1.75 Baths
912 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1953
- Purchase Price: $100,500
- Open Loans / Balance: 1 / $197,288
- Est. Equity / %: $116,712 / 37.17%
- Gross Yield: 8.912%
- APN: 09-027-24-21-0066
- Situs County: Hennepin
- Length Of Ownership: 29 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.75
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Metal
- Building Condition: Fair
- Roof Type: Gable Or Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 912/SqFt
- Lot: 19,602/SqFt
- Gross: 1,733/SqFt
- Garage: 576/SqFt
- Living: 912/SqFt
- Basement: 821/SqFt
- Building: 912/SqFt
- Ground: 912/SqFt
- Garage Unfinished: 576/SqFt
- Price Per Square Foot: $110.20
Legal Description
- Description: LOT 004 BLOCK 003 A PENN LAKE RIDGE 2ND ADDN 125 X 156.29
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Bloomington Public School District
- Lat / Lon: 44.847134 / -93.29958
- Subdivision: Penn Lake Ridge 2nd Addn
- Property Class: Residential
- County Use Code: R
Amenities
- Heating Fuel Type: Electric
- Plus Four: 2039
- Cooling: Central
- Garage: Detached Garage
- Heating: Floor/Wall
Ownership Info
1508 W 87th St has no associated ownership info
1508 W 87th St has no associated ownership info.
Taxes
1508 W 87th St has 10 associated Taxes items
1508 W 87th 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 $296,400. The APN we've located for 1508 W 87th St is 09-027-24-21-0066.
Unlock the full reportTax History
1508 W 87th 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 $296,400 | Land Value $128,300 | Improvement Value $168,100 | Tax Amount $3,854.16 | Change Rate +0.021191% | Assessed CR | Tax Rate +0.013003% |
| Year 2024 | Assessed Value $306,500 | Land Value $136,600 | Improvement Value $169,900 | Tax Amount $3,774.18 | Change Rate +0.078688% | Assessed CR | Tax Rate +0.012314% |
| Year 2023 | Assessed Value $298,800 | Land Value $124,700 | Improvement Value $174,100 | Tax Amount $3,498.86 | Change Rate +0.101108% | Assessed CR | Tax Rate +0.01171% |
| Year 2022 | Assessed Value $295,300 | Land Value $124,700 | Improvement Value $170,600 | Tax Amount $3,177.58 | Change Rate +0.086166% | Assessed CR | Tax Rate +0.010761% |
| Year 2021 | Assessed Value $259,300 | Land Value $121,300 | Improvement Value $138,000 | Tax Amount $2,925.5 | Change Rate +0.013336% | Assessed CR | Tax Rate +0.011282% |
| Year 2020 | Assessed Value $243,000 | Land Value $117,900 | Improvement Value $125,100 | Tax Amount $2,887 | Change Rate +0.098103% | Assessed CR | Tax Rate +0.011881% |
| Year 2019 | Assessed Value $234,200 | Land Value $117,900 | Improvement Value $116,300 | Tax Amount $2,629.08 | Change Rate +0.04226% | Assessed CR | Tax Rate +0.011226% |
| Year 2018 | Assessed Value $212,200 | Land Value $113,700 | Improvement Value $98,500 | Tax Amount $2,522.48 | Change Rate +0.090236% | Assessed CR | Tax Rate +0.011887% |
| Year 2017 | Assessed Value $187,300 | Land Value $102,000 | Improvement Value $85,300 | Tax Amount $2,313.7 | Change Rate -0.017687% | Assessed CR | Tax Rate +0.012353% |
| Year 2016 | Assessed Value $181,800 | Land Value $104,900 | Improvement Value $76,900 | Tax Amount $2,355.36 | Change Rate +0.017883% | Assessed CR | Tax Rate +0.012956% |
| Year 2015 | Assessed Value $173,200 | Land Value $100,800 | Improvement Value $72,400 | Tax Amount $2,313.98 | Change Rate | Assessed CR | Tax Rate +0.01336% |
| Year 2014 | Assessed Value $153,900 | Land Value $97,700 | Improvement Value $56,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |