Taxes
- Assessed Value: $338,600
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 09-027-24-21-0069
- Assessed Land Value: 128600
- Market Land Value: 128600
- Tax Amount: 4482.34
- Tax Year: 2025
- Market Value: 338600
- Market Year: 2025
1612 W 87th St; Minneapolis, MN Property Details
Off market
1612 W 87th St Minneapolis, MN 55431
$270,000 Listing Price
4 Beds
1.75 Baths
1,121 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1953
- Purchase Price: $270,000
- Open Loans / Balance: 1 / $152,615
- Est. Equity / %: $225,385 / 59.63%
- Gross Yield: 8.625%
- APN: 09-027-24-21-0069
- Situs County: Hennepin
- Length Of Ownership: 7 years, 5 months
Rooms
- Bedrooms: 4
- 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: Average
- Roof Type: Gable Or Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 1,121/SqFt
- Lot: 19,602/SqFt
- Gross: 2,130/SqFt
- Garage: 260/SqFt
- Living: 1,121/SqFt
- Basement: 1,009/SqFt
- Building: 1,381/SqFt
- Ground: 1,121/SqFt
- Garage Unfinished: 260/SqFt
- Price Per Square Foot: $240.86
Legal Description
- Description: LOT 006 BLOCK 003 A PENN LAKE RIDGE 2ND ADDN S 1/2 110 X 178.12
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: 44.84716 / -93.30044
- 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: Forced air unit
- Parking: 1
Ownership Info
1612 W 87th St has no associated ownership info
1612 W 87th St has no associated ownership info.
Taxes
1612 W 87th St has 10 associated Taxes items
1612 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 $338,600. The APN we've located for 1612 W 87th St is 09-027-24-21-0069.
Unlock the full reportTax History
1612 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 $338,600 | Land Value $128,600 | Improvement Value $210,000 | Tax Amount $4,482.34 | Change Rate +0.024694% | Assessed CR | Tax Rate +0.013238% |
| Year 2024 | Assessed Value $349,300 | Land Value $136,900 | Improvement Value $212,400 | Tax Amount $4,374.32 | Change Rate +0.074639% | Assessed CR | Tax Rate +0.012523% |
| Year 2023 | Assessed Value $342,900 | Land Value $125,000 | Improvement Value $217,900 | Tax Amount $4,070.5 | Change Rate +0.106993% | Assessed CR | Tax Rate +0.011871% |
| Year 2022 | Assessed Value $338,500 | Land Value $125,000 | Improvement Value $213,500 | Tax Amount $3,677.08 | Change Rate +0.089738% | Assessed CR | Tax Rate +0.010863% |
| Year 2021 | Assessed Value $295,400 | Land Value $121,600 | Improvement Value $173,800 | Tax Amount $3,374.28 | Change Rate +0.025449% | Assessed CR | Tax Rate +0.011423% |
| Year 2020 | Assessed Value $275,700 | Land Value $118,200 | Improvement Value $157,500 | Tax Amount $3,290.54 | Change Rate +0.112075% | Assessed CR | Tax Rate +0.011935% |
| Year 2019 | Assessed Value $262,800 | Land Value $118,200 | Improvement Value $144,600 | Tax Amount $2,958.92 | Change Rate +0.05032% | Assessed CR | Tax Rate +0.011259% |
| Year 2018 | Assessed Value $235,200 | Land Value $113,900 | Improvement Value $121,300 | Tax Amount $2,817.16 | Change Rate +0.074809% | Assessed CR | Tax Rate +0.011978% |
| Year 2017 | Assessed Value $208,200 | Land Value $102,300 | Improvement Value $105,900 | Tax Amount $2,621.08 | Change Rate -0.058229% | Assessed CR | Tax Rate +0.012589% |
| Year 2016 | Assessed Value $209,300 | Land Value $105,100 | Improvement Value $104,200 | Tax Amount $2,783.14 | Change Rate +0.04296% | Assessed CR | Tax Rate +0.013297% |
| Year 2015 | Assessed Value $195,100 | Land Value $101,100 | Improvement Value $94,000 | Tax Amount $2,668.5 | Change Rate | Assessed CR | Tax Rate +0.013678% |
| Year 2014 | Assessed Value $179,400 | Land Value $98,000 | Improvement Value $81,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |