Taxes
- Assessed Value: $327,600
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 11-027-24-11-0049
- Assessed Land Value: 130000
- Market Land Value: 130000
- Tax Amount: 4278.38
- Tax Year: 2025
- Market Value: 327600
- Market Year: 2025
1563 E 87th St; Minneapolis, MN Property Details
Off market • Bankruptcy ✓
1563 E 87th St Minneapolis, MN 55425
$310,000 Listing Price
4 Beds
2.25 Baths
1,059 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1961
- Purchase Price: $310,000
- Open Loans / Balance: 2 / $539,240
- Est. Equity / %: $-182,240 / -51.05%
- Gross Yield: 8.837%
- APN: 11-027-24-11-0049
- Situs County: Hennepin
- Length Of Ownership: 5 years, 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.25
- 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: 1,059/SqFt
- Lot: 13,939/SqFt
- Gross: 2,012/SqFt
- Garage: 440/SqFt
- Living: 1,059/SqFt
- Basement: 953/SqFt
- Building: 1,059/SqFt
- Ground: 1,059/SqFt
- Garage Unfinished: 440/SqFt
- Price Per Square Foot: $292.73
Legal Description
- Description: LOT 008 BLOCK 001 T REPLAT CEDAR CREST 85X133X15X106X214
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: 44.845955 / -93.251976
- Subdivision: Replat Cedar Crest
- Property Class: Residential
- County Use Code: R
Amenities
- Heating Fuel Type: Electric
- Plus Four: 1939
- Cooling: Packaged Unit
- Garage: Detached Garage
- Heating: Floor/Wall
Ownership Info
1563 E 87th St has no associated ownership info
1563 E 87th St has no associated ownership info.
Taxes
1563 E 87th St has 10 associated Taxes items
1563 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 $327,600. The APN we've located for 1563 E 87th St is 11-027-24-11-0049.
Unlock the full reportTax History
1563 E 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 $327,600 | Land Value $130,000 | Improvement Value $197,600 | Tax Amount $4,278.38 | Change Rate +0.075656% | Assessed CR | Tax Rate +0.01306% |
| Year 2024 | Assessed Value $323,500 | Land Value $123,600 | Improvement Value $199,900 | Tax Amount $3,977.46 | Change Rate +0.068153% | Assessed CR | Tax Rate +0.012295% |
| Year 2023 | Assessed Value $318,600 | Land Value $118,700 | Improvement Value $199,900 | Tax Amount $3,723.68 | Change Rate +0.058495% | Assessed CR | Tax Rate +0.011688% |
| Year 2022 | Assessed Value $329,600 | Land Value $122,400 | Improvement Value $207,200 | Tax Amount $3,517.9 | Change Rate -0.028473% | Assessed CR | Tax Rate +0.010673% |
| Year 2021 | Assessed Value $285,800 | Land Value $112,000 | Improvement Value $173,800 | Tax Amount $3,621 | Change Rate +0.032713% | Assessed CR | Tax Rate +0.01267% |
| Year 2020 | Assessed Value $286,800 | Land Value $108,800 | Improvement Value $178,000 | Tax Amount $3,506.3 | Change Rate +0.062741% | Assessed CR | Tax Rate +0.012226% |
| Year 2019 | Assessed Value $270,000 | Land Value $108,800 | Improvement Value $161,200 | Tax Amount $3,299.3 | Change Rate +0.076837% | Assessed CR | Tax Rate +0.01222% |
| Year 2018 | Assessed Value $249,200 | Land Value $109,900 | Improvement Value $139,300 | Tax Amount $3,063.88 | Change Rate +0.08979% | Assessed CR | Tax Rate +0.012295% |
| Year 2017 | Assessed Value $208,100 | Land Value $96,200 | Improvement Value $111,900 | Tax Amount $2,811.44 | Change Rate +0.201573% | Assessed CR | Tax Rate +0.01351% |
| Year 2016 | Assessed Value $182,100 | Land Value $95,300 | Improvement Value $86,800 | Tax Amount $2,339.8 | Change Rate +0.272959% | Assessed CR | Tax Rate +0.012849% |
| Year 2015 | Assessed Value $170,200 | Land Value $91,700 | Improvement Value $78,500 | Tax Amount $1,838.08 | Change Rate | Assessed CR | Tax Rate +0.0108% |
| Year 2014 | Assessed Value $150,300 | Land Value $88,800 | Improvement Value $61,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |