Taxes
- Assessed Value: $326,200
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 09-027-24-21-0067
- Assessed Land Value: 128300
- Market Land Value: 128300
- Tax Amount: 4297.96
- Tax Year: 2025
- Market Value: 326200
- Market Year: 2025
1600 W 87th St; Minneapolis, MN Property Details
Off market
1600 W 87th St Minneapolis, MN 55431
$326,200 Estimated Value
3 Beds
1.75 Baths
1,161 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1953
- Purchase Price: $120,000
- Open Loans / Balance: 1 / $76,812
- Est. Equity / %: $286,188 / 78.84%
- Gross Yield: 8.628%
- APN: 09-027-24-21-0067
- Situs County: Hennepin
- Length Of Ownership: 28 years
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: 1,161/SqFt
- Lot: 19,602/SqFt
- Gross: 1,730/SqFt
- Garage: 484/SqFt
- Living: 1,161/SqFt
- Basement: 569/SqFt
- Building: 1,645/SqFt
- Ground: 1,161/SqFt
- Garage Unfinished: 484/SqFt
- Price Per Square Foot: $103.36
Legal Description
- Description: LOT 005 BLOCK 003 A PENN LAKE RIDGE 2ND ADDN 125 X 156.24
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: 44.84717 / -93.30001
- Subdivision: Penn Lake Ridge 2nd Addn
- Property Class: Residential
- County Use Code: R
Amenities
- Heating Fuel Type: Electric
- Plus Four: 2040
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Floor/Wall
- Parking: 2
Ownership Info
1600 W 87th St has no associated ownership info
1600 W 87th St has no associated ownership info.
Taxes
1600 W 87th St has 10 associated Taxes items
1600 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 $326,200. The APN we've located for 1600 W 87th St is 09-027-24-21-0067.
Unlock the full reportTax History
1600 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 $326,200 | Land Value $128,300 | Improvement Value $197,900 | Tax Amount $4,297.96 | Change Rate +0.028136% | Assessed CR | Tax Rate +0.013176% |
| Year 2024 | Assessed Value $335,500 | Land Value $136,600 | Improvement Value $198,900 | Tax Amount $4,180.34 | Change Rate +0.074466% | Assessed CR | Tax Rate +0.01246% |
| Year 2023 | Assessed Value $329,000 | Land Value $124,600 | Improvement Value $204,400 | Tax Amount $3,890.62 | Change Rate +0.100295% | Assessed CR | Tax Rate +0.011826% |
| Year 2022 | Assessed Value $325,200 | Land Value $124,600 | Improvement Value $200,600 | Tax Amount $3,535.98 | Change Rate +0.081776% | Assessed CR | Tax Rate +0.010873% |
| Year 2021 | Assessed Value $285,200 | Land Value $121,300 | Improvement Value $163,900 | Tax Amount $3,268.68 | Change Rate -0.001137% | Assessed CR | Tax Rate +0.011461% |
| Year 2020 | Assessed Value $268,000 | Land Value $117,900 | Improvement Value $150,100 | Tax Amount $3,272.4 | Change Rate +0.046277% | Assessed CR | Tax Rate +0.01221% |
| Year 2019 | Assessed Value $261,500 | Land Value $117,900 | Improvement Value $143,600 | Tax Amount $3,127.66 | Change Rate +0.039249% | Assessed CR | Tax Rate +0.01196% |
| Year 2018 | Assessed Value $246,900 | Land Value $113,600 | Improvement Value $133,300 | Tax Amount $3,009.54 | Change Rate +0.07111% | Assessed CR | Tax Rate +0.012189% |
| Year 2017 | Assessed Value $221,000 | Land Value $102,000 | Improvement Value $119,000 | Tax Amount $2,809.74 | Change Rate -0.048919% | Assessed CR | Tax Rate +0.012714% |
| Year 2016 | Assessed Value $220,300 | Land Value $104,800 | Improvement Value $115,500 | Tax Amount $2,954.26 | Change Rate | Assessed CR | Tax Rate +0.01341% |
| Year 2015 | Assessed Value $209,500 | Land Value $100,800 | Improvement Value $108,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $191,000 | Land Value $97,700 | Improvement Value $93,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |