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225 Peninsula Rd; Minneapolis, MN Property Details

225 Peninsula Rd, Minneapolis, MN is a Single Family that was built in 1987. This property is for sale. Our records show that 225 Peninsula Rd has 1 bedroom, and 2.25 bathrooms, and a total of 120 square feet. The lot size of 225 Peninsula Rd is 15,246 square feet.

On Market for 56 days
225 Peninsula Rd Minneapolis, MN 55441
$850,000 Listing Price
1 Beds
2.25 Baths
120 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $186,000
  • Est. Equity / %: $966,000 / 100%
  • Gross Yield: 7.996%
  • APN: 26-118-22-14-0059
  • Situs County: Hennepin
  • Length Of Ownership: 29 years, 3 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 2.25
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 120/SqFt
  • Lot: 15,246/SqFt
  • Gross: 120/SqFt
  • Garage: 548/SqFt
  • Living: 2,238/SqFt
  • Building: 2,238/SqFt
  • Ground: 1,170/SqFt
  • Price Per Square Foot: $1550.00

Legal Description

  • Description: LOT 007 BLOCK 009 A MEDICINE LAKE PARK 1ST DIV SELY 38.5 FT OF LOT 7 39 X 405
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wayzata Public School District
  • Lat / Lon: 45.001293 / -93.422226
  • Subdivision: Medicine Lake Park 1st Div
  • Property Class: Residential
  • County Use Code: RZ

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4179
  • Cooling: Packaged Unit
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

225 Peninsula Rd has no associated ownership info
225 Peninsula Rd has no associated ownership info.

Taxes

225 Peninsula Rd has 10 associated Taxes items

225 Peninsula Rd, 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 $674,500. The APN we've located for 225 Peninsula Rd is 26-118-22-14-0059.

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Taxes
  • Assessed Value:  $674,500
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  26-118-22-14-0059
  • Assessed Land Value:  360000
  • Market Land Value:  360000
  • Tax Amount:  9168.08
  • Tax Year:  2025
  • Market Value:  674500
  • Market Year:  2025

Tax History

225 Peninsula Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $674,500 Land Value $360,000 Improvement Value $314,500 Tax Amount $9,168.08 Change Rate +0.005728% Assessed CR Tax Rate +0.013592%
Year 2024 Assessed Value $697,500 Land Value $387,000 Improvement Value $310,500 Tax Amount $9,115.86 Change Rate +0.049491% Assessed CR Tax Rate +0.013069%
Year 2023 Assessed Value $682,600 Land Value $369,000 Improvement Value $313,600 Tax Amount $8,685.98 Change Rate +0.163215% Assessed CR Tax Rate +0.012725%
Year 2022 Assessed Value $622,000 Land Value $324,000 Improvement Value $298,000 Tax Amount $7,467.22 Change Rate +0.051549% Assessed CR Tax Rate +0.012005%
Year 2021 Assessed Value $514,000 Land Value $260,000 Improvement Value $254,000 Tax Amount $7,101.16 Change Rate -0.014664% Assessed CR Tax Rate +0.013815%
Year 2020 Assessed Value $499,000 Land Value $252,000 Improvement Value $247,000 Tax Amount $7,206.84 Change Rate +0.053958% Assessed CR Tax Rate +0.014443%
Year 2019 Assessed Value $485,000 Land Value $248,000 Improvement Value $237,000 Tax Amount $6,837.88 Change Rate +0.012665% Assessed CR Tax Rate +0.014099%
Year 2018 Assessed Value $480,000 Land Value $250,000 Improvement Value $230,000 Tax Amount $6,752.36 Change Rate +0.098906% Assessed CR Tax Rate +0.014067%
Year 2017 Assessed Value $453,000 Land Value $250,000 Improvement Value $203,000 Tax Amount $6,144.62 Change Rate +0.037308% Assessed CR Tax Rate +0.013564%
Year 2016 Assessed Value $413,000 Land Value $215,000 Improvement Value $198,000 Tax Amount $5,923.62 Change Rate +0.098586% Assessed CR Tax Rate +0.014343%
Year 2015 Assessed Value $388,000 Land Value $188,000 Improvement Value $200,000 Tax Amount $5,392.04 Change Rate Assessed CR Tax Rate +0.013897%
Year 2014 Assessed Value $392,000 Land Value $188,000 Improvement Value $204,000 Tax Amount Change Rate Assessed CR Tax Rate