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1721 W 87th St; Minneapolis, MN Property Details

1721 W 87th St, Minneapolis, MN is a Single Family that was built in 1955. This property is currently a cash purchase and is not for sale. Our records show that 1721 W 87th St has 3 bedrooms, and 1.75 bathrooms, and a total of 1,092 square feet. The lot size of 1721 W 87th St is 14,375 square feet.

Off market
1721 W 87th St Minneapolis, MN 55431
$301,900 Estimated Value
3 Beds
1.75 Baths
1,092 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $235,000
  • Est. Equity / %: $370,000 / 100%
  • Gross Yield: 8.536%
  • APN: 09-027-24-21-0027
  • Situs County: Hennepin
  • Length Of Ownership: 21 years, 1 months

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
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,092/SqFt
  • Lot: 14,375/SqFt
  • Gross: 2,075/SqFt
  • Living: 1,092/SqFt
  • Basement: 983/SqFt
  • Building: 1,092/SqFt
  • Ground: 1,092/SqFt
  • Price Per Square Foot: $215.20

Legal Description

  • Description: LOT 014 BLOCK 002 A PENN LAKE RIDGE THAT PART OF LOT 14 LYING NELY OF A LINE RUNNING SELY AT RT ANGLES FROM A PT IN THE NWLY LINE OF LOT 14 DIS 144 84/100 FT SWLY FROM T N 145X154X75X125
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: 44.84632 / -93.30208
  • Subdivision: Penn Lake Ridge
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2041
  • Cooling: Packaged Unit
  • Garage: Underground/Basement
  • Heating: Floor/Wall
  • Parking: 1

Ownership Info

1721 W 87th St has no associated ownership info
1721 W 87th St has no associated ownership info.

Taxes

1721 W 87th St has 10 associated Taxes items

1721 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 $301,900. The APN we've located for 1721 W 87th St is 09-027-24-21-0027.

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Taxes
  • Assessed Value:  $301,900
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  09-027-24-21-0027
  • Assessed Land Value:  132300
  • Market Land Value:  132300
  • Tax Amount:  3936.08
  • Tax Year:  2025
  • Market Value:  301900
  • Market Year:  2025

Tax History

1721 W 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $301,900 Land Value $132,300 Improvement Value $169,600 Tax Amount $3,936.08 Change Rate +0.062089% Assessed CR Tax Rate +0.013038%
Year 2024 Assessed Value $301,600 Land Value $136,200 Improvement Value $165,400 Tax Amount $3,705.98 Change Rate +0.096463% Assessed CR Tax Rate +0.012288%
Year 2023 Assessed Value $289,700 Land Value $124,300 Improvement Value $165,400 Tax Amount $3,379.94 Change Rate +0.087581% Assessed CR Tax Rate +0.011667%
Year 2022 Assessed Value $286,100 Land Value $124,300 Improvement Value $161,800 Tax Amount $3,107.76 Change Rate +0.091392% Assessed CR Tax Rate +0.010862%
Year 2021 Assessed Value $254,300 Land Value $121,000 Improvement Value $133,300 Tax Amount $2,847.52 Change Rate -0.013231% Assessed CR Tax Rate +0.011197%
Year 2020 Assessed Value $237,300 Land Value $117,600 Improvement Value $119,700 Tax Amount $2,885.7 Change Rate +0.071811% Assessed CR Tax Rate +0.012161%
Year 2019 Assessed Value $234,100 Land Value $117,600 Improvement Value $116,500 Tax Amount $2,692.36 Change Rate +0.04994% Assessed CR Tax Rate +0.011501%
Year 2018 Assessed Value $216,600 Land Value $116,000 Improvement Value $100,600 Tax Amount $2,564.3 Change Rate +0.08428% Assessed CR Tax Rate +0.011839%
Year 2017 Assessed Value $190,800 Land Value $104,100 Improvement Value $86,700 Tax Amount $2,364.98 Change Rate -0.007903% Assessed CR Tax Rate +0.012395%
Year 2016 Assessed Value $183,600 Land Value $100,500 Improvement Value $83,100 Tax Amount $2,383.82 Change Rate +0.04905% Assessed CR Tax Rate +0.012984%
Year 2015 Assessed Value $170,600 Land Value $96,700 Improvement Value $73,900 Tax Amount $2,272.36 Change Rate Assessed CR Tax Rate +0.01332%
Year 2014 Assessed Value $155,700 Land Value $93,700 Improvement Value $62,000 Tax Amount Change Rate Assessed CR Tax Rate