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3905 Lancaster Ln; Minneapolis, MN Property Details

3905 Lancaster Ln, Minneapolis, MN is a Apt House 100+ Units that was built in 1972. This property is currently Financed and is not for sale. The lot size of 3905 Lancaster Ln is 539,273 square feet.

Off market
3905 Lancaster Ln N Minneapolis, MN 55441
$28,246,000 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1972
  • Purchase Price: $34,442,400
  • Open Loans / Balance: 1 / $19,970,414
  • APN: 13-118-22-41-0008
  • Situs County: Hennepin
  • Length Of Ownership: 4 years

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet

Measurements

  • Lot: 539,273/SqFt

Legal Description

  • Description: LOT 001 BLOCK 003 B PLYMOUTH PLAZA 4TH ADDN THAT PART OF LOT 1 LYING IN THE E 1/2 OF SE 1/4 OF SEC 13 AND LYING SLY AND WLY OF A LINE DESC AS BEG AT A PT IN ELY LINE OF T IRREGULAR
Building Insights

Land Information

  • Property Type: Apt House 100+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Robbinsdale Public School District
  • Lat / Lon: 45.02795 / -93.40406
  • Subdivision: Plymouth Plaza 4th Addn
  • Property Class: Residential
  • County Use Code: A

Amenities

  • Plus Four: 1734

Ownership Info

3905 Lancaster Ln N has no associated ownership info
3905 Lancaster Ln N has no associated ownership info.

Taxes

3905 Lancaster Ln N has 10 associated Taxes items

3905 Lancaster Ln, 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 $28,246,000. The APN we've located for 3905 Lancaster Ln is 13-118-22-41-0008.

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Taxes
  • Assessed Value:  $28,246,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  13-118-22-41-0008
  • Assessed Land Value:  3840000
  • Market Land Value:  3840000
  • Tax Amount:  414888.39
  • Tax Year:  2025
  • Market Value:  28246000
  • Market Year:  2025

Tax History

3905 Lancaster Ln N has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,246,000 Land Value $3,840,000 Improvement Value $24,406,000 Tax Amount $414,888.38 Change Rate -0.105732% Assessed CR Tax Rate +0.014688%
Year 2024 Assessed Value $32,500,000 Land Value $3,840,000 Improvement Value $28,660,000 Tax Amount $463,941.88 Change Rate +0.042514% Assessed CR Tax Rate +0.014275%
Year 2023 Assessed Value $32,500,000 Land Value $3,840,000 Improvement Value $28,660,000 Tax Amount $445,022.09 Change Rate +0.078408% Assessed CR Tax Rate +0.013693%
Year 2022 Assessed Value $32,282,000 Land Value $3,840,000 Improvement Value $28,442,000 Tax Amount $412,665.81 Change Rate +0.047001% Assessed CR Tax Rate +0.012783%
Year 2021 Assessed Value $27,614,000 Land Value $3,072,000 Improvement Value $24,542,000 Tax Amount $394,140.84 Change Rate -0.007027% Assessed CR Tax Rate +0.014273%
Year 2020 Assessed Value $26,470,000 Land Value $3,072,000 Improvement Value $23,398,000 Tax Amount $396,929.88 Change Rate +0.312813% Assessed CR Tax Rate +0.014995%
Year 2019 Assessed Value $25,635,000 Land Value $3,072,000 Improvement Value $22,563,000 Tax Amount $302,350.75 Change Rate +0.226172% Assessed CR Tax Rate +0.011794%
Year 2018 Assessed Value $18,561,000 Land Value $3,072,000 Improvement Value $15,489,000 Tax Amount $246,581.08 Change Rate +0.075061% Assessed CR Tax Rate +0.013285%
Year 2017 Assessed Value $13,587,000 Land Value $3,072,000 Improvement Value $10,515,000 Tax Amount $229,364.81 Change Rate +0.069821% Assessed CR Tax Rate +0.016881%
Year 2016 Assessed Value $12,031,000 Land Value $3,072,000 Improvement Value $8,959,000 Tax Amount $214,395.52 Change Rate +0.027508% Assessed CR Tax Rate +0.01782%
Year 2015 Assessed Value $11,579,600 Land Value $3,072,000 Improvement Value $8,507,600 Tax Amount $208,655.84 Change Rate Assessed CR Tax Rate +0.018019%
Year 2014 Assessed Value $11,027,000 Land Value $3,072,000 Improvement Value $7,955,000 Tax Amount Change Rate Assessed CR Tax Rate