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1509 W 86th St; Minneapolis, MN Property Details

1509 W 86th St, Minneapolis, MN is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 1509 W 86th St has 3 bedrooms, and 1.75 bathrooms, and a total of 1,326 square feet. The lot size of 1509 W 86th St is 18,295 square feet.

Off market
1509 W 86th St Minneapolis, MN 55431
$376,000 Listing Price
3 Beds
1.75 Baths
1,326 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1952
  • Purchase Price: $376,000
  • Open Loans / Balance: 2 / $321,639
  • Est. Equity / %: $49,361 / 13.3%
  • Gross Yield: 7.656%
  • APN: 09-027-24-21-0063
  • Situs County: Hennepin
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 6
  • 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: 1,326/SqFt
  • Lot: 18,295/SqFt
  • Gross: 2,519/SqFt
  • Living: 1,326/SqFt
  • Basement: 1,193/SqFt
  • Building: 1,326/SqFt
  • Ground: 1,326/SqFt
  • Price Per Square Foot: $283.56

Legal Description

  • Description: LOT 001 BLOCK 003 A PENN LAKE RIDGE 2ND ADDN E 90 FT OF W 285 FT OF LOTS 1 AND 2 90 X 200
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: 44.84762 / -93.29929
  • Subdivision: Penn Lake Ridge 2nd Addn
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2071
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Floor/Wall
  • Parking: 2

Ownership Info

1509 W 86th St has no associated ownership info
1509 W 86th St has no associated ownership info.

Taxes

1509 W 86th St has 10 associated Taxes items

1509 W 86th 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 $294,800. The APN we've located for 1509 W 86th St is 09-027-24-21-0063.

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Taxes
  • Assessed Value:  $294,800
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  09-027-24-21-0063
  • Assessed Land Value:  120700
  • Market Land Value:  120700
  • Tax Amount:  3830.86
  • Tax Year:  2025
  • Market Value:  294800
  • Market Year:  2025

Tax History

1509 W 86th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $294,800 Land Value $120,700 Improvement Value $174,100 Tax Amount $3,830.86 Change Rate +0.025517% Assessed CR Tax Rate +0.012995%
Year 2024 Assessed Value $303,700 Land Value $127,500 Improvement Value $176,200 Tax Amount $3,735.54 Change Rate +0.093299% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $292,500 Land Value $116,300 Improvement Value $176,200 Tax Amount $3,416.76 Change Rate +0.089639% Assessed CR Tax Rate +0.011681%
Year 2022 Assessed Value $293,800 Land Value $116,300 Improvement Value $177,500 Tax Amount $3,135.68 Change Rate +0.071844% Assessed CR Tax Rate +0.010673%
Year 2021 Assessed Value $256,300 Land Value $113,200 Improvement Value $143,100 Tax Amount $2,925.5 Change Rate -0.122188% Assessed CR Tax Rate +0.011414%
Year 2020 Assessed Value $243,000 Land Value $114,800 Improvement Value $128,200 Tax Amount $3,332.72 Change Rate +0.144502% Assessed CR Tax Rate +0.013715%
Year 2019 Assessed Value $246,300 Land Value $114,800 Improvement Value $131,500 Tax Amount $2,911.94 Change Rate +0.008737% Assessed CR Tax Rate +0.011823%
Year 2018 Assessed Value $211,900 Land Value $104,300 Improvement Value $107,600 Tax Amount $2,886.72 Change Rate +0.169963% Assessed CR Tax Rate +0.013623%
Year 2017 Assessed Value $176,400 Land Value $85,300 Improvement Value $91,100 Tax Amount $2,467.36 Change Rate -0.044636% Assessed CR Tax Rate +0.013987%
Year 2016 Assessed Value $175,400 Land Value $85,500 Improvement Value $89,900 Tax Amount $2,582.64 Change Rate +0.002243% Assessed CR Tax Rate +0.014724%
Year 2015 Assessed Value $168,400 Land Value $84,000 Improvement Value $84,400 Tax Amount $2,576.86 Change Rate Assessed CR Tax Rate +0.015302%
Year 2014 Assessed Value $147,600 Land Value $81,400 Improvement Value $66,200 Tax Amount Change Rate Assessed CR Tax Rate