Taxes
- Assessed Value: $652,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 15-028-24-32-0015
- Assessed Land Value: 299000
- Market Land Value: 299000
- Tax Amount: 10586.18
- Tax Year: 2025
- Market Value: 652000
- Market Year: 2025
515 Prospect Ave; Minneapolis, MN Property Details
Off market
515 Prospect Ave Minneapolis, MN 55419
$652,000 Estimated Value
3 Beds
2 Baths
1,956 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1954
- Est. Equity / %: $694,000 / 100%
- Gross Yield: 8.492%
- APN: 15-028-24-32-0015
- Situs County: Hennepin
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 1
- Total Rooms: 9
- Partial Bathrooms: 2
Structure
- Building Style: Wood
- Stories: 1.25
- Exterior Wall Type: Wood Siding
- Building Condition: Average
- Building Quality: C
- Roof Type: Hip
- Roof Cover Type: Wood
Measurements
- Total: 1,956/SqFt
- Lot: 6,534/SqFt
- Gross: 1,956/SqFt
- Living: 1,956/SqFt
- Building: 1,956/SqFt
- Ground: 1,685/SqFt
Legal Description
- Description: LOT 008 B AUDITORS SUBD. NO. 202 THAT PART OF LOT 8 LYING SWLY OF NELY 16 75/100 FT THEREOF 115.00 X 80.00
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: 44.910587 / -93.28612
- Subdivision: Auditors Subd. No. 202
- Property Class: Residential
- Zoning: R1
- County Use Code: R
Amenities
- Plus Four: 1264
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Hot Water
- Parking: 1
Ownership Info
515 Prospect Ave has no associated ownership info
515 Prospect Ave has no associated ownership info.
Taxes
515 Prospect Ave has 10 associated Taxes items
515 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 $652,000. The APN we've located for 515 Prospect Ave is 15-028-24-32-0015.
Unlock the full reportTax History
515 Prospect Ave 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 $652,000 | Land Value $299,000 | Improvement Value $353,000 | Tax Amount $10,586.18 | Change Rate -0.101224% | Assessed CR | Tax Rate +0.016236% |
| Year 2024 | Assessed Value $724,000 | Land Value $299,000 | Improvement Value $425,000 | Tax Amount $11,778.44 | Change Rate +0.159791% | Assessed CR | Tax Rate +0.016269% |
| Year 2023 | Assessed Value $709,000 | Land Value $284,000 | Improvement Value $425,000 | Tax Amount $10,155.66 | Change Rate +0.156278% | Assessed CR | Tax Rate +0.014324% |
| Year 2022 | Assessed Value $669,000 | Land Value $284,000 | Improvement Value $385,000 | Tax Amount $8,783.06 | Change Rate +0.152509% | Assessed CR | Tax Rate +0.013129% |
| Year 2021 | Assessed Value $590,000 | Land Value $212,000 | Improvement Value $378,000 | Tax Amount $7,620.82 | Change Rate -0.033882% | Assessed CR | Tax Rate +0.012917% |
| Year 2020 | Assessed Value $536,000 | Land Value $99,300 | Improvement Value $436,700 | Tax Amount $7,888.08 | Change Rate -0.028755% | Assessed CR | Tax Rate +0.014717% |
| Year 2019 | Assessed Value $536,000 | Land Value $83,600 | Improvement Value $452,400 | Tax Amount $8,121.62 | Change Rate +0.149961% | Assessed CR | Tax Rate +0.015152% |
| Year 2018 | Assessed Value $536,000 | Land Value $83,600 | Improvement Value $452,400 | Tax Amount $7,062.52 | Change Rate +0.043927% | Assessed CR | Tax Rate +0.013176% |
| Year 2017 | Assessed Value $439,500 | Land Value $76,000 | Improvement Value $363,500 | Tax Amount $6,765.34 | Change Rate -0.030806% | Assessed CR | Tax Rate +0.015393% |
| Year 2016 | Assessed Value $439,500 | Land Value $76,000 | Improvement Value $363,500 | Tax Amount $6,980.38 | Change Rate -0.016283% | Assessed CR | Tax Rate +0.015883% |
| Year 2015 | Assessed Value $426,000 | Land Value $76,000 | Improvement Value $350,000 | Tax Amount $7,095.92 | Change Rate | Assessed CR | Tax Rate +0.016657% |
| Year 2014 | Assessed Value $391,000 | Land Value $103,200 | Improvement Value $287,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |