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1550 E 87th St; Minneapolis, MN Property Details

1550 E 87th St, Minneapolis, MN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1550 E 87th St has 2 bedrooms, and 2.25 bathrooms, and a total of 990 square feet. The lot size of 1550 E 87th St is 16,988 square feet.

Off market
1550 E 87th St Minneapolis, MN 55425
$142,900 Listing Price
2 Beds
2.25 Baths
990 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $131,029
  • Open Loans / Balance: 1 / $93,286
  • Est. Equity / %: $210,714 / 69.31%
  • Gross Yield: 9.371%
  • APN: 11-027-24-11-0017
  • Situs County: Hennepin
  • Length Of Ownership: 13 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.25
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Building Condition: Fair
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 990/SqFt
  • Lot: 16,988/SqFt
  • Gross: 3,290/SqFt
  • Garage: 576/SqFt
  • Living: 990/SqFt
  • Basement: 2,300/SqFt
  • Building: 990/SqFt
  • Ground: 990/SqFt
  • Garage Unfinished: 576/SqFt
  • Price Per Square Foot: $132.35

Legal Description

  • Description: UNPLATTED 11 027 24 THAT PART OF THE W 1/2 OF NW 1/4 OF NE 1/4 OF NE 1/4 LYING W OF E 150 FT AND S OF THE N 513 FT THEREOF EX ROADS 149 X 112
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: 44.84639 / -93.25258
  • Subdivision: Unplatted 11 027 24
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1938
  • Cooling: Packaged Unit
  • Garage: Detached Garage
  • Heating: Floor/Wall

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1550 E 87th St has no associated ownership info
1550 E 87th St has no associated ownership info.

Taxes

1550 E 87th St has 10 associated Taxes items

1550 E 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 $290,500. The APN we've located for 1550 E 87th St is 11-027-24-11-0017.

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Taxes
  • Assessed Value:  $290,500
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  11-027-24-11-0017
  • Assessed Land Value:  127100
  • Market Land Value:  127100
  • Tax Amount:  3939.82
  • Tax Year:  2025
  • Market Value:  290500
  • Market Year:  2025

Tax History

1550 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $290,500 Land Value $127,100 Improvement Value $163,400 Tax Amount $3,939.82 Change Rate +0.061683% Assessed CR Tax Rate +0.013562%
Year 2024 Assessed Value $288,700 Land Value $123,200 Improvement Value $165,500 Tax Amount $3,710.92 Change Rate +0.065156% Assessed CR Tax Rate +0.012854%
Year 2023 Assessed Value $282,300 Land Value $118,300 Improvement Value $164,000 Tax Amount $3,483.92 Change Rate +0.110307% Assessed CR Tax Rate +0.012341%
Year 2022 Assessed Value $282,600 Land Value $122,000 Improvement Value $160,600 Tax Amount $3,137.8 Change Rate +0.104774% Assessed CR Tax Rate +0.011103%
Year 2021 Assessed Value $240,300 Land Value $111,600 Improvement Value $128,700 Tax Amount $2,840.22 Change Rate -0.01964% Assessed CR Tax Rate +0.011819%
Year 2020 Assessed Value $219,700 Land Value $108,400 Improvement Value $111,300 Tax Amount $2,897.12 Change Rate +0.098151% Assessed CR Tax Rate +0.013187%
Year 2019 Assessed Value $217,700 Land Value $108,400 Improvement Value $109,300 Tax Amount $2,638.18 Change Rate +0.035986% Assessed CR Tax Rate +0.012118%
Year 2018 Assessed Value $195,300 Land Value $105,600 Improvement Value $89,700 Tax Amount $2,546.54 Change Rate +0.256409% Assessed CR Tax Rate +0.013039%
Year 2017 Assessed Value $169,000 Land Value $92,400 Improvement Value $76,600 Tax Amount $2,026.84 Change Rate -0.04994% Assessed CR Tax Rate +0.011993%
Year 2016 Assessed Value $168,700 Land Value $93,800 Improvement Value $74,900 Tax Amount $2,133.38 Change Rate +0.058214% Assessed CR Tax Rate +0.012646%
Year 2015 Assessed Value $155,800 Land Value $90,200 Improvement Value $65,600 Tax Amount $2,016.02 Change Rate Assessed CR Tax Rate +0.01294%
Year 2014 Assessed Value $139,000 Land Value $87,400 Improvement Value $51,600 Tax Amount Change Rate Assessed CR Tax Rate