Taxes
- Assessed Value: $1,226,300
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 26-118-22-14-0010
- Assessed Land Value: 776300
- Market Land Value: 776300
- Tax Amount: 17782.32
- Tax Year: 2025
- Market Value: 1226300
- Market Year: 2025
242 Peninsula Rd; Minneapolis, MN Property Details
Off market
242 Peninsula Rd Minneapolis, MN 55441
$1,226,300 Estimated Value
2 Beds
3 Baths
2,195 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1987
- Est. Equity / %: $1,169,000 / 100%
- Gross Yield: 10.531%
- APN: 26-118-22-14-0010
- Situs County: Hennepin
Rooms
- Bedrooms: 2
- Bathrooms: 3
- Full Bathrooms: 1
- Total Rooms: 7
- Partial Bathrooms: 3
Structure
- Building Style: Frame
- Floor Cover Type: Carpet
- Stories: 2
- Exterior Wall Type: Wood
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Building Quality: B
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Deck: true
Measurements
- Total: 2,195/SqFt
- Lot: 20,473/SqFt
- Gross: 3,651/SqFt
- Garage: 484/SqFt
- Living: 2,195/SqFt
- Basement: 832/SqFt
- Building: 3,511/SqFt
- Ground: 1,208/SqFt
Legal Description
- Description: LOT 012 BLOCK 007 A MEDICINE LAKE PARK 1ST DIV S 40X319XL86X330
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: 45.00351 / -93.42256
- Subdivision: Medicine Lake Park 1st Div
- Property Class: Residential
- County Use Code: RL
Amenities
- Plus Four: 4114
- Cooling: Packaged Unit
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Space/Suspended
- Parking: 6
Ownership Info
242 Peninsula Rd has no associated ownership info
242 Peninsula Rd has no associated ownership info.
Taxes
242 Peninsula Rd has 10 associated Taxes items
242 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 $1,226,300. The APN we've located for 242 Peninsula Rd is 26-118-22-14-0010.
Unlock the full reportTax History
242 Peninsula Rd 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 $1,226,300 | Land Value $776,300 | Improvement Value $450,000 | Tax Amount $17,782.32 | Change Rate +0.020792% | Assessed CR | Tax Rate +0.014501% |
| Year 2024 | Assessed Value $1,254,100 | Land Value $818,800 | Improvement Value $435,300 | Tax Amount $17,420.12 | Change Rate +0.057177% | Assessed CR | Tax Rate +0.013891% |
| Year 2023 | Assessed Value $1,218,000 | Land Value $764,800 | Improvement Value $453,200 | Tax Amount $16,477.96 | Change Rate +0.177783% | Assessed CR | Tax Rate +0.013529% |
| Year 2022 | Assessed Value $1,064,000 | Land Value $665,000 | Improvement Value $399,000 | Tax Amount $13,990.66 | Change Rate +0.023898% | Assessed CR | Tax Rate +0.013149% |
| Year 2021 | Assessed Value $885,000 | Land Value $552,000 | Improvement Value $333,000 | Tax Amount $13,664.12 | Change Rate -0.027664% | Assessed CR | Tax Rate +0.01544% |
| Year 2020 | Assessed Value $880,000 | Land Value $557,000 | Improvement Value $323,000 | Tax Amount $14,052.88 | Change Rate +0.042755% | Assessed CR | Tax Rate +0.015969% |
| Year 2019 | Assessed Value $868,000 | Land Value $557,000 | Improvement Value $311,000 | Tax Amount $13,476.68 | Change Rate -0.017533% | Assessed CR | Tax Rate +0.015526% |
| Year 2018 | Assessed Value $869,000 | Land Value $565,000 | Improvement Value $304,000 | Tax Amount $13,717.18 | Change Rate +0.09338% | Assessed CR | Tax Rate +0.015785% |
| Year 2017 | Assessed Value $850,000 | Land Value $565,000 | Improvement Value $285,000 | Tax Amount $12,545.66 | Change Rate +0.107003% | Assessed CR | Tax Rate +0.01476% |
| Year 2016 | Assessed Value $739,000 | Land Value $465,000 | Improvement Value $274,000 | Tax Amount $11,333 | Change Rate +0.0126% | Assessed CR | Tax Rate +0.015336% |
| Year 2015 | Assessed Value $749,000 | Land Value $478,000 | Improvement Value $271,000 | Tax Amount $11,191.98 | Change Rate | Assessed CR | Tax Rate +0.014943% |
| Year 2014 | Assessed Value $690,000 | Land Value $428,000 | Improvement Value $262,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |