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324 Prospect Ave; Minneapolis, MN Property Details

324 Prospect Ave, Minneapolis, MN is a Single Family that was built in 1927. This property is not for sale. Our records show that 324 Prospect Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 2,602 square feet. The lot size of 324 Prospect Ave is 11,761 square feet.

Off market  •   Pre Probate ✓
324 Prospect Ave Minneapolis, MN 55419
$857,600 Estimated Value
4 Beds
1.5 Baths
2,602 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Open Loans / Balance: 1 / $450,773
  • Est. Equity / %: $349,227 / 43.65%
  • Gross Yield: 9.776%
  • APN: 15-028-24-32-0041
  • Situs County: Hennepin

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,602/SqFt
  • Lot: 11,761/SqFt
  • Gross: 3,634/SqFt
  • Living: 2,602/SqFt
  • Basement: 1,032/SqFt
  • Building: 3,634/SqFt
  • Ground: 1,612/SqFt

Legal Description

  • Description: LOT 011 BLOCK 004 A THORPE BROS RGT OF BLKS WASHBURN PARK LOT 11 AND THE E 1/2 OF LOT 12 INCL ADJ 1/2 OF ALLEY VAC 60.00 X 190.00
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: 44.91149 / -93.28403
  • Subdivision: Thorpe Bros Rgt Of Blks Washburn Park
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: R

Amenities

  • Plus Four: 1262
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Hot Water
  • Parking: 2

Ownership Info

324 Prospect Ave has no associated ownership info
324 Prospect Ave has no associated ownership info.

Taxes

324 Prospect Ave has 10 associated Taxes items

324 Prospect 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 $857,600. The APN we've located for 324 Prospect Ave is 15-028-24-32-0041.

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Taxes
  • Assessed Value:  $857,600
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  15-028-24-32-0041
  • Assessed Land Value:  381000
  • Market Land Value:  381000
  • Tax Amount:  16232.14
  • Tax Year:  2025
  • Market Value:  857600
  • Market Year:  2025

Tax History

324 Prospect Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $857,600 Land Value $381,000 Improvement Value $476,600 Tax Amount $16,232.14 Change Rate +0.106069% Assessed CR Tax Rate +0.018927%
Year 2024 Assessed Value $874,000 Land Value $381,000 Improvement Value $493,000 Tax Amount $14,675.52 Change Rate +0.013392% Assessed CR Tax Rate +0.016791%
Year 2023 Assessed Value $893,000 Land Value $363,000 Improvement Value $530,000 Tax Amount $14,481.58 Change Rate +0.151837% Assessed CR Tax Rate +0.016217%
Year 2022 Assessed Value $842,000 Land Value $363,000 Improvement Value $479,000 Tax Amount $12,572.6 Change Rate +0.066317% Assessed CR Tax Rate +0.014932%
Year 2021 Assessed Value $802,000 Land Value $332,000 Improvement Value $470,000 Tax Amount $11,790.68 Change Rate -0.032472% Assessed CR Tax Rate +0.014702%
Year 2020 Assessed Value $779,000 Land Value $300,000 Improvement Value $479,000 Tax Amount $12,186.4 Change Rate +0.027329% Assessed CR Tax Rate +0.015644%
Year 2019 Assessed Value $779,000 Land Value $249,900 Improvement Value $529,100 Tax Amount $11,862.22 Change Rate -0.089235% Assessed CR Tax Rate +0.015227%
Year 2018 Assessed Value $742,000 Land Value $249,900 Improvement Value $492,100 Tax Amount $13,024.46 Change Rate +0.071432% Assessed CR Tax Rate +0.017553%
Year 2017 Assessed Value $738,000 Land Value $227,200 Improvement Value $510,800 Tax Amount $12,156.12 Change Rate +0.073745% Assessed CR Tax Rate +0.016472%
Year 2016 Assessed Value $675,000 Land Value $227,200 Improvement Value $447,800 Tax Amount $11,321.24 Change Rate -0.046327% Assessed CR Tax Rate +0.016772%
Year 2015 Assessed Value $675,000 Land Value $227,200 Improvement Value $447,800 Tax Amount $11,871.2 Change Rate Assessed CR Tax Rate +0.017587%
Year 2014 Assessed Value $600,000 Land Value $215,500 Improvement Value $384,500 Tax Amount Change Rate Assessed CR Tax Rate