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1624 E 87th St; Minneapolis, MN Property Details

1624 E 87th St, Minneapolis, MN is a Single Family that was built in 1945. This property is currently a cash purchase and is not for sale. Our records show that 1624 E 87th St has 2 bedrooms, and 1 bathroom, and a total of 1,248 square feet. The lot size of 1624 E 87th St is 19,602 square feet.

Off market
1624 E 87th St Minneapolis, MN 55425
$84,669 Listing Price
2 Beds
1 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1945
  • Purchase Price: $81,385
  • Open Loans / Balance: 1 / $454,120,645
  • Est. Equity / %: $-453,798,645 / -140,931.26%
  • Gross Yield: 8.884%
  • APN: 11-027-24-11-0024
  • Situs County: Hennepin
  • Length Of Ownership: 13 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Fair
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,248/SqFt
  • Lot: 19,602/SqFt
  • Gross: 2,068/SqFt
  • Garage: 308/SqFt
  • Living: 1,248/SqFt
  • Basement: 820/SqFt
  • Building: 1,556/SqFt
  • Ground: 1,248/SqFt
  • Garage Unfinished: 308/SqFt
  • Price Per Square Foot: $65.21

Legal Description

  • Description: UNPLATTED 11 027 24 S 1/2 OF E 1/10 OF NW 1/4 OF NE 1/4 OF NE 1/4 OF SECTION 11, TOWNSHIP 027 RANGE 24, EXCEPT ROAD 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: 44.8464 / -93.25055
  • Subdivision: Unplatted 11 027 24
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1940
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Electric
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1624 E 87th St has no associated ownership info
1624 E 87th St has no associated ownership info.

Taxes

1624 E 87th St has 10 associated Taxes items

1624 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 $308,600. The APN we've located for 1624 E 87th St is 11-027-24-11-0024.

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Taxes
  • Assessed Value:  $308,600
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  11-027-24-11-0024
  • Assessed Land Value:  131700
  • Market Land Value:  131700
  • Tax Amount:  4221.08
  • Tax Year:  2025
  • Market Value:  308600
  • Market Year:  2025

Tax History

1624 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $308,600 Land Value $131,700 Improvement Value $176,900 Tax Amount $4,221.08 Change Rate +0.060893% Assessed CR Tax Rate +0.013678%
Year 2024 Assessed Value $308,700 Land Value $129,600 Improvement Value $179,100 Tax Amount $3,978.8 Change Rate +0.101581% Assessed CR Tax Rate +0.012889%
Year 2023 Assessed Value $302,000 Land Value $124,500 Improvement Value $177,500 Tax Amount $3,611.9 Change Rate +0.11158% Assessed CR Tax Rate +0.01196%
Year 2022 Assessed Value $302,100 Land Value $128,300 Improvement Value $173,800 Tax Amount $3,249.34 Change Rate +0.104564% Assessed CR Tax Rate +0.010756%
Year 2021 Assessed Value $254,800 Land Value $117,300 Improvement Value $137,500 Tax Amount $2,941.74 Change Rate +0.027338% Assessed CR Tax Rate +0.011545%
Year 2020 Assessed Value $233,000 Land Value $114,000 Improvement Value $119,000 Tax Amount $2,863.46 Change Rate +0.093433% Assessed CR Tax Rate +0.01229%
Year 2019 Assessed Value $220,500 Land Value $114,000 Improvement Value $106,500 Tax Amount $2,618.78 Change Rate +0.028303% Assessed CR Tax Rate +0.011877%
Year 2018 Assessed Value $197,800 Land Value $109,900 Improvement Value $87,900 Tax Amount $2,546.7 Change Rate +0.095317% Assessed CR Tax Rate +0.012875%
Year 2017 Assessed Value $172,100 Land Value $96,200 Improvement Value $75,900 Tax Amount $2,325.08 Change Rate -0.040824% Assessed CR Tax Rate +0.01351%
Year 2016 Assessed Value $169,700 Land Value $101,300 Improvement Value $68,400 Tax Amount $2,424.04 Change Rate -0.03678% Assessed CR Tax Rate +0.014284%
Year 2015 Assessed Value $160,000 Land Value $97,400 Improvement Value $62,600 Tax Amount $2,516.6 Change Rate Assessed CR Tax Rate +0.015729%
Year 2014 Assessed Value $145,100 Land Value $94,400 Improvement Value $50,700 Tax Amount Change Rate Assessed CR Tax Rate