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1607 E 87th St; Minneapolis, MN Property Details

1607 E 87th St, Minneapolis, MN is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 1607 E 87th St has 3 bedrooms, and 1.75 bathrooms, and a total of 1,196 square feet. The lot size of 1607 E 87th St is 12,632 square feet.

Off market
1607 E 87th St Minneapolis, MN 55425
$390,000 Listing Price
3 Beds
1.75 Baths
1,196 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Purchase Price: $390,000
  • Open Loans / Balance: 2 / $386,004
  • Est. Equity / %: $2,996 / 0.77%
  • Gross Yield: 8.252%
  • APN: 11-027-24-11-0047
  • Situs County: Hennepin
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 5
  • 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
  • Deck: true

Measurements

  • Total: 1,196/SqFt
  • Lot: 12,632/SqFt
  • Gross: 2,272/SqFt
  • Garage: 792/SqFt
  • Living: 1,196/SqFt
  • Basement: 1,076/SqFt
  • Building: 1,196/SqFt
  • Ground: 1,196/SqFt
  • Garage Unfinished: 792/SqFt
  • Price Per Square Foot: $326.09

Legal Description

  • Description: LOT 006 BLOCK 001 T REPLAT CEDAR CREST 95 X 133.3
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: 44.84589 / -93.25121
  • Subdivision: Replat Cedar Crest
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1941
  • Cooling: Packaged Unit
  • Garage: Detached Garage
  • Heating: Floor/Wall

Ownership Info

1607 E 87th St has no associated ownership info
1607 E 87th St has no associated ownership info.

Taxes

1607 E 87th St has 10 associated Taxes items

1607 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 $348,300. The APN we've located for 1607 E 87th St is 11-027-24-11-0047.

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Taxes
  • Assessed Value:  $348,300
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  11-027-24-11-0047
  • Assessed Land Value:  137900
  • Market Land Value:  137900
  • Tax Amount:  4584.04
  • Tax Year:  2025
  • Market Value:  348300
  • Market Year:  2025

Tax History

1607 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $348,300 Land Value $137,900 Improvement Value $210,400 Tax Amount $4,584.04 Change Rate -0.204196% Assessed CR Tax Rate +0.013161%
Year 2024 Assessed Value $341,900 Land Value $129,400 Improvement Value $212,500 Tax Amount $5,760.26 Change Rate +0.219624% Assessed CR Tax Rate +0.016848%
Year 2023 Assessed Value $336,800 Land Value $124,300 Improvement Value $212,500 Tax Amount $4,722.98 Change Rate +0.169002% Assessed CR Tax Rate +0.014023%
Year 2022 Assessed Value $347,400 Land Value $128,100 Improvement Value $219,300 Tax Amount $4,040.18 Change Rate +0.084985% Assessed CR Tax Rate +0.01163%
Year 2021 Assessed Value $297,000 Land Value $117,300 Improvement Value $179,700 Tax Amount $3,723.72 Change Rate -0.029741% Assessed CR Tax Rate +0.012538%
Year 2020 Assessed Value $275,300 Land Value $114,000 Improvement Value $161,300 Tax Amount $3,837.86 Change Rate +0.182896% Assessed CR Tax Rate +0.013941%
Year 2019 Assessed Value $273,100 Land Value $114,000 Improvement Value $159,100 Tax Amount $3,244.46 Change Rate +0.076506% Assessed CR Tax Rate +0.01188%
Year 2018 Assessed Value $257,000 Land Value $113,500 Improvement Value $143,500 Tax Amount $3,013.88 Change Rate +0.10154% Assessed CR Tax Rate +0.011727%
Year 2017 Assessed Value $217,700 Land Value $99,300 Improvement Value $118,400 Tax Amount $2,736.06 Change Rate -0.063263% Assessed CR Tax Rate +0.012568%
Year 2016 Assessed Value $219,800 Land Value $95,100 Improvement Value $124,700 Tax Amount $2,920.84 Change Rate +0.014963% Assessed CR Tax Rate +0.013289%
Year 2015 Assessed Value $209,600 Land Value $91,400 Improvement Value $118,200 Tax Amount $2,877.78 Change Rate Assessed CR Tax Rate +0.01373%
Year 2014 Assessed Value $182,000 Land Value $88,600 Improvement Value $93,400 Tax Amount Change Rate Assessed CR Tax Rate