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1606 E 87th St; Minneapolis, MN Property Details

1606 E 87th St, Minneapolis, MN is a Single Family that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 1606 E 87th St has 2 bedrooms, and 1 bathroom, and a total of 676 square feet. The lot size of 1606 E 87th St is 19,602 square feet.

Off market
1606 E 87th St Minneapolis, MN 55425
$192,747 Listing Price
2 Beds
1 Baths
676 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Purchase Price: $295,000
  • Est. Equity / %: $318,000 / 100%
  • Gross Yield: 7.891%
  • APN: 11-027-24-11-0022
  • Situs County: Hennepin
  • Length Of Ownership: 5 months

Rooms

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

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: 676/SqFt
  • Lot: 19,602/SqFt
  • Gross: 2,183/SqFt
  • Garage: 322/SqFt
  • Living: 676/SqFt
  • Basement: 1,507/SqFt
  • Building: 676/SqFt
  • Ground: 676/SqFt
  • Garage Unfinished: 322/SqFt
  • Price Per Square Foot: $436.39

Legal Description

  • Description: UNPLATTED 11 027 24 S 1/2 OF W 1/3 OF E 3/10 OF NW 1/4 OF NE 1/4 OF NE 1/4 66 X 295
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: 44.846367 / -93.251076
  • Subdivision: Unplatted 11 027 24
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1940
  • Cooling: Packaged Unit
  • Garage: Detached Garage
  • Heating: Floor/Wall

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1606 E 87th St has no associated ownership info
1606 E 87th St has no associated ownership info.

Taxes

1606 E 87th St has 10 associated Taxes items

1606 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 $266,900. The APN we've located for 1606 E 87th St is 11-027-24-11-0022.

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Taxes
  • Assessed Value:  $266,900
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  11-027-24-11-0022
  • Assessed Land Value:  131700
  • Market Land Value:  131700
  • Tax Amount:  3384.16
  • Tax Year:  2025
  • Market Value:  266900
  • Market Year:  2025

Tax History

1606 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $266,900 Land Value $131,700 Improvement Value $135,200 Tax Amount $3,384.16 Change Rate +0.06197% Assessed CR Tax Rate +0.01268%
Year 2024 Assessed Value $266,600 Land Value $129,600 Improvement Value $137,000 Tax Amount $3,186.68 Change Rate +0.066022% Assessed CR Tax Rate +0.011953%
Year 2023 Assessed Value $261,500 Land Value $124,500 Improvement Value $137,000 Tax Amount $2,989.32 Change Rate +0.133821% Assessed CR Tax Rate +0.011431%
Year 2022 Assessed Value $262,300 Land Value $128,300 Improvement Value $134,000 Tax Amount $2,636.5 Change Rate +0.062779% Assessed CR Tax Rate +0.010051%
Year 2021 Assessed Value $221,700 Land Value $117,400 Improvement Value $104,300 Tax Amount $2,480.76 Change Rate +0.058652% Assessed CR Tax Rate +0.01119%
Year 2020 Assessed Value $212,000 Land Value $114,100 Improvement Value $97,900 Tax Amount $2,343.32 Change Rate +0.044689% Assessed CR Tax Rate +0.011053%
Year 2019 Assessed Value $197,000 Land Value $114,100 Improvement Value $82,900 Tax Amount $2,243.08 Change Rate +0.20562% Assessed CR Tax Rate +0.011386%
Year 2018 Assessed Value $186,700 Land Value $109,900 Improvement Value $76,800 Tax Amount $1,860.52 Change Rate -0.274815% Assessed CR Tax Rate +0.009965%
Year 2017 Assessed Value $142,900 Land Value $96,200 Improvement Value $46,700 Tax Amount $2,565.58 Change Rate +0.421075% Assessed CR Tax Rate +0.017954%
Year 2016 Assessed Value $147,400 Land Value $101,300 Improvement Value $46,100 Tax Amount $1,805.38 Change Rate +0.014703% Assessed CR Tax Rate +0.012248%
Year 2015 Assessed Value $141,000 Land Value $97,400 Improvement Value $43,600 Tax Amount $1,779.22 Change Rate Assessed CR Tax Rate +0.012619%
Year 2014 Assessed Value $124,000 Land Value $94,400 Improvement Value $29,600 Tax Amount Change Rate Assessed CR Tax Rate