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2 Melbourne Ave; Minneapolis, MN Property Details

2 Melbourne Ave, Minneapolis, MN is a Single Family that was built in 1922. This property is currently a cash purchase and is not for sale. Our records show that 2 Melbourne Ave has 4 bedrooms, and 3.25 bathrooms, and a total of 1,968 square feet. The lot size of 2 Melbourne Ave is 3,920 square feet.

Off market
2 Melbourne Ave SE Minneapolis, MN 55414
$420,000 Listing Price
4 Beds
3.25 Baths
1,968 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1922
  • Purchase Price: $420,000
  • Open Loans / Balance: 1 / $419,363
  • Est. Equity / %: $-14,363 / -3.55%
  • Gross Yield: 9.114%
  • APN: 30-029-23-44-0050
  • Situs County: Hennepin
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.25
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,968/SqFt
  • Lot: 3,920/SqFt
  • Gross: 2,952/SqFt
  • Living: 1,968/SqFt
  • Basement: 984/SqFt
  • Building: 2,952/SqFt
  • Ground: 1,164/SqFt
  • Price Per Square Foot: $213.41

Legal Description

  • Description: LOT 002 BLOCK 004 A PROSPECT PARK 2ND DIV REV THAT PART LYING E OF W 44 FT OF LOTS 1 AND 2 IRREGULAR
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.966194 / -93.21013
  • Subdivision: Prospect Park 2nd Div Rev
  • Property Class: Residential
  • Zoning: R2B
  • County Use Code: R

Amenities

  • Plus Four: 3514
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Hot Water
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

2 Melbourne Ave SE has no associated ownership info
2 Melbourne Ave SE has no associated ownership info.

Taxes

2 Melbourne Ave SE has 10 associated Taxes items

2 Melbourne Ave, 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 $433,400. The APN we've located for 2 Melbourne Ave is 30-029-23-44-0050.

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Taxes
  • Assessed Value:  $433,400
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  30-029-23-44-0050
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Tax Amount:  6709.28
  • Tax Year:  2025
  • Market Value:  433400
  • Market Year:  2025

Tax History

2 Melbourne Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $433,400 Land Value $160,000 Improvement Value $273,400 Tax Amount $6,709.28 Change Rate +0.054013% Assessed CR Tax Rate +0.015481%
Year 2024 Assessed Value $428,000 Land Value $160,000 Improvement Value $268,000 Tax Amount $6,365.46 Change Rate +0.12109% Assessed CR Tax Rate +0.014873%
Year 2023 Assessed Value $435,000 Land Value $170,000 Improvement Value $265,000 Tax Amount $5,677.92 Change Rate +0.083812% Assessed CR Tax Rate +0.013053%
Year 2022 Assessed Value $378,000 Land Value $115,000 Improvement Value $263,000 Tax Amount $5,238.84 Change Rate +0.087957% Assessed CR Tax Rate +0.013859%
Year 2021 Assessed Value $378,000 Land Value $111,000 Improvement Value $267,000 Tax Amount $4,815.3 Change Rate -0.077157% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $360,000 Land Value $59,300 Improvement Value $300,700 Tax Amount $5,217.9 Change Rate -0.03825% Assessed CR Tax Rate +0.014494%
Year 2019 Assessed Value $360,000 Land Value $54,600 Improvement Value $305,400 Tax Amount $5,425.42 Change Rate -0.006821% Assessed CR Tax Rate +0.015071%
Year 2018 Assessed Value $347,000 Land Value $54,600 Improvement Value $292,400 Tax Amount $5,462.68 Change Rate +0.046494% Assessed CR Tax Rate +0.015743%
Year 2017 Assessed Value $322,500 Land Value $49,600 Improvement Value $272,900 Tax Amount $5,219.98 Change Rate +0.019986% Assessed CR Tax Rate +0.016186%
Year 2016 Assessed Value $305,500 Land Value $49,600 Improvement Value $255,900 Tax Amount $5,117.7 Change Rate -0.046088% Assessed CR Tax Rate +0.016752%
Year 2015 Assessed Value $305,500 Land Value $49,600 Improvement Value $255,900 Tax Amount $5,364.96 Change Rate Assessed CR Tax Rate +0.017561%
Year 2014 Assessed Value $265,500 Land Value $47,700 Improvement Value $217,800 Tax Amount Change Rate Assessed CR Tax Rate