- Assessed Value: $588,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 30-029-23-44-0079
- Assessed Land Value: 224000
- Market Land Value: 224000
- Tax Amount: 11166.56
- Tax Year: 2025
- Market Value: 588000
- Market Year: 2025
51 Melbourne Ave; Minneapolis, MN Property Details
Off market
51 Melbourne Ave SE Minneapolis, MN 55414
$450,000 Listing Price
8 Beds
4,104 SqFt
Property Type
Quadruplex 4 UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1914
- Purchase Price: $700,000
- Open Loans / Balance: 1 / $581,000
- Est. Equity / %: $228,000 / 28.18%
- APN: 30-029-23-44-0079
- Situs County: Hennepin
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 8
Structure
- Building Style: Concrete
- Stories: 2
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: C
- Roof Type: Flat
- Roof Cover Type: Other
Measurements
- Total: 4,104/SqFt
- Lot: 6,534/SqFt
- Gross: 6,156/SqFt
- Living: 4,104/SqFt
- Basement: 2,052/SqFt
- Building: 6,156/SqFt
- Ground: 2,052/SqFt
- Price Per Square Foot: $170.57
Legal Description
- Description: LOT 010 BLOCK 005 A PROSPECT PARK 2ND DIV REV LOTS 10 AND 11 N 50 X 129
Building Insights
Land Information
- Property Type: Quadruplex 4 Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Minneapolis Public School District
- Lat / Lon: 44.965263 / -93.21115
- Subdivision: Prospect Park 2nd Div Rev
- Property Class: Residential
- Zoning: R2B
- County Use Code: A
Amenities
- Plus Four: 3513
- Garage: Garage
- Heating: Hot Water
- Parking: 1
HOA
- H O A One Type: Condo Owner Association
Ownership Info
51 Melbourne Ave SE has no associated ownership info
51 Melbourne Ave SE has no associated ownership info.
Taxes
51 Melbourne Ave SE has 10 associated Taxes items
51 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 $588,000. The APN we've located for 51 Melbourne Ave is 30-029-23-44-0079.
Unlock the full reportTaxes
Tax History
51 Melbourne Ave SE 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 $588,000 | Land Value $224,000 | Improvement Value $364,000 | Tax Amount $11,166.56 | Change Rate +0.041334% | Assessed CR | Tax Rate +0.018991% |
| Year 2024 | Assessed Value $588,000 | Land Value $224,000 | Improvement Value $364,000 | Tax Amount $10,723.32 | Change Rate -0.003922% | Assessed CR | Tax Rate +0.018237% |
| Year 2023 | Assessed Value $673,000 | Land Value $224,000 | Improvement Value $449,000 | Tax Amount $10,765.54 | Change Rate -0.104901% | Assessed CR | Tax Rate +0.015996% |
| Year 2022 | Assessed Value $708,000 | Land Value $224,000 | Improvement Value $484,000 | Tax Amount $12,027.2 | Change Rate +0.039874% | Assessed CR | Tax Rate +0.016988% |
| Year 2021 | Assessed Value $708,000 | Land Value $124,800 | Improvement Value $583,200 | Tax Amount $11,566.02 | Change Rate -0.029827% | Assessed CR | Tax Rate +0.016336% |
| Year 2020 | Assessed Value $708,000 | Land Value $83,200 | Improvement Value $624,800 | Tax Amount $11,921.6 | Change Rate +0.149267% | Assessed CR | Tax Rate +0.016838% |
| Year 2019 | Assessed Value $674,500 | Land Value $83,200 | Improvement Value $591,300 | Tax Amount $10,373.22 | Change Rate +0.038984% | Assessed CR | Tax Rate +0.015379% |
| Year 2018 | Assessed Value $571,500 | Land Value $83,200 | Improvement Value $488,300 | Tax Amount $9,984 | Change Rate +0.096088% | Assessed CR | Tax Rate +0.01747% |
| Year 2017 | Assessed Value $486,000 | Land Value $75,600 | Improvement Value $410,400 | Tax Amount $9,108.76 | Change Rate -0.030736% | Assessed CR | Tax Rate +0.018742% |
| Year 2016 | Assessed Value $486,000 | Land Value $75,600 | Improvement Value $410,400 | Tax Amount $9,397.6 | Change Rate +0.088456% | Assessed CR | Tax Rate +0.019337% |
| Year 2015 | Assessed Value $425,500 | Land Value $75,600 | Improvement Value $349,900 | Tax Amount $8,633.88 | Change Rate | Assessed CR | Tax Rate +0.020291% |
| Year 2014 | Assessed Value $425,500 | Land Value $75,600 | Improvement Value $349,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |