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16 Melbourne Ave; Minneapolis, MN Property Details

16 Melbourne Ave, Minneapolis, MN is a Condominium that was built in 1985. This property is currently Financed and is not for sale. Our records show that 16 Melbourne Ave has 1 bedroom, and 1.5 bathrooms, and a total of 1,173 square feet. The lot size of 16 Melbourne Ave is 8,448 square feet.

Off market
16 Melbourne Ave SE Minneapolis, MN 55414
$330,000 Listing Price
1 Beds
1.5 Baths
1,173 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1985
  • Purchase Price: $330,000
  • Open Loans / Balance: 1 / $259,810
  • Est. Equity / %: $170,190 / 39.58%
  • Gross Yield: 5.838%
  • APN: 30-029-23-44-0207
  • Situs County: Hennepin
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,173/SqFt
  • Lot: 8,448/SqFt
  • Gross: 1,525/SqFt
  • Living: 1,173/SqFt
  • Basement: 352/SqFt
  • Building: 1,525/SqFt
  • Ground: 824/SqFt
  • Price Per Square Foot: $281.33

Legal Description

  • Description: A CONDO NO 0540 MELBOURNE PLACE CONDO UNIT NO 1 IRREGULAR
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.965927 / -93.21026
  • Subdivision: Condo No 0540 Melbourne Place Condo
  • Property Class: Residential
  • Zoning: R2B
  • County Use Code: X

Amenities

  • Plus Four: 3514
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $350
  • H O A Amount: $350
  • H O A One Frequency: Monthly
  • H O A One Name: Condo No 0540 Melbourne Place Condo
  • H O A One Type: Condo Owner Association

Ownership Info

16 Melbourne Ave SE has no associated ownership info
16 Melbourne Ave SE has no associated ownership info.

Taxes

16 Melbourne Ave SE has 10 associated Taxes items

16 Melbourne Ave, 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 $295,000. The APN we've located for 16 Melbourne Ave is 30-029-23-44-0207.

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Taxes
  • Assessed Value:  $295,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  30-029-23-44-0207
  • Assessed Land Value:  119000
  • Market Land Value:  119000
  • Tax Amount:  4285.96
  • Tax Year:  2025
  • Market Value:  295000
  • Market Year:  2025

Tax History

16 Melbourne Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $295,000 Land Value $119,000 Improvement Value $176,000 Tax Amount $4,285.96 Change Rate +0.040721% Assessed CR Tax Rate +0.014529%
Year 2024 Assessed Value $295,000 Land Value $119,000 Improvement Value $176,000 Tax Amount $4,118.26 Change Rate +0.105698% Assessed CR Tax Rate +0.01396%
Year 2023 Assessed Value $295,000 Land Value $119,000 Improvement Value $176,000 Tax Amount $3,724.58 Change Rate +0.016789% Assessed CR Tax Rate +0.012626%
Year 2022 Assessed Value $295,000 Land Value $86,000 Improvement Value $209,000 Tax Amount $3,663.08 Change Rate +0.035295% Assessed CR Tax Rate +0.012417%
Year 2021 Assessed Value $275,500 Land Value $86,000 Improvement Value $189,500 Tax Amount $3,538.2 Change Rate -0.08743% Assessed CR Tax Rate +0.012843%
Year 2020 Assessed Value $275,500 Land Value $50,400 Improvement Value $225,100 Tax Amount $3,877.18 Change Rate +0.014018% Assessed CR Tax Rate +0.014073%
Year 2019 Assessed Value $267,500 Land Value $50,400 Improvement Value $217,100 Tax Amount $3,823.58 Change Rate +0.073744% Assessed CR Tax Rate +0.014294%
Year 2018 Assessed Value $267,500 Land Value $50,400 Improvement Value $217,100 Tax Amount $3,560.98 Change Rate -0.131566% Assessed CR Tax Rate +0.013312%
Year 2017 Assessed Value $277,000 Land Value $45,800 Improvement Value $231,200 Tax Amount $4,100.46 Change Rate +0.116683% Assessed CR Tax Rate +0.014803%
Year 2016 Assessed Value $241,000 Land Value $45,800 Improvement Value $195,200 Tax Amount $3,672 Change Rate -0.035248% Assessed CR Tax Rate +0.015237%
Year 2015 Assessed Value $229,500 Land Value $45,800 Improvement Value $183,700 Tax Amount $3,806.16 Change Rate Assessed CR Tax Rate +0.016585%
Year 2014 Assessed Value $229,500 Land Value $40,900 Improvement Value $188,600 Tax Amount Change Rate Assessed CR Tax Rate