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5585 Empire Ln; Minneapolis, MN Property Details

5585 Empire Ln, Minneapolis, MN is a Residential General that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 5585 Empire Ln has 4 bedrooms, and 2.25 bathrooms, and a total of 3,004 square feet. The lot size of 5585 Empire Ln is 9,583 square feet.

Off market
5585 Empire Ln N Minneapolis, MN 55446
$657,400 Estimated Value
4 Beds
2.25 Baths
3,004 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $447,476
  • Open Loans / Balance: 1 / $342,474
  • Est. Equity / %: $326,526 / 48.81%
  • Gross Yield: 8.502%
  • APN: 03-118-22-32-0046
  • Situs County: Hennepin
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.25
  • Full Bathrooms: 1
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Building Quality: B

Measurements

  • Total: 3,004/SqFt
  • Lot: 9,583/SqFt
  • Gross: 3,004/SqFt
  • Living: 3,004/SqFt
  • Building: 3,004/SqFt
  • Ground: 1,348/SqFt
  • Price Per Square Foot: $148.96

Legal Description

  • Description: LOT 025 BLOCK 002 A CAMELOT NINE AT BEGIN N 67X141X65X155
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Osseo Public School District
  • Lat / Lon: 45.054855 / -93.459465
  • Subdivision: Camelot Nine At Begin
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 3889
  • Cooling: Packaged Unit
  • Heating: Floor/Wall

HOA

  • H O A One: $376
  • H O A Amount: $376
  • H O A One Frequency: Monthly
  • H O A One Name: Camelot Nine Townhomes Assoc
  • H O A One Type: Home Owner Association

Ownership Info

5585 Empire Ln N has no associated ownership info
5585 Empire Ln N has no associated ownership info.

Taxes

5585 Empire Ln N has 10 associated Taxes items

5585 Empire 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 $657,400. The APN we've located for 5585 Empire Ln is 03-118-22-32-0046.

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Taxes
  • Assessed Value:  $657,400
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  03-118-22-32-0046
  • Assessed Land Value:  161000
  • Market Land Value:  161000
  • Tax Amount:  8489.72
  • Tax Year:  2025
  • Market Value:  657400
  • Market Year:  2025

Tax History

5585 Empire Ln N has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $657,400 Land Value $161,000 Improvement Value $496,400 Tax Amount $8,489.72 Change Rate +0.046788% Assessed CR Tax Rate +0.012914%
Year 2024 Assessed Value $635,300 Land Value $155,000 Improvement Value $480,300 Tax Amount $8,110.26 Change Rate +0.067637% Assessed CR Tax Rate +0.012766%
Year 2023 Assessed Value $635,400 Land Value $155,000 Improvement Value $480,400 Tax Amount $7,596.46 Change Rate +0.266233% Assessed CR Tax Rate +0.011955%
Year 2022 Assessed Value $572,000 Land Value $120,000 Improvement Value $452,000 Tax Amount $5,999.26 Change Rate +0.038707% Assessed CR Tax Rate +0.010488%
Year 2021 Assessed Value $508,000 Land Value $130,000 Improvement Value $378,000 Tax Amount $5,775.7 Change Rate -0.043666% Assessed CR Tax Rate +0.011369%
Year 2020 Assessed Value $481,000 Land Value $115,000 Improvement Value $366,000 Tax Amount $6,039.42 Change Rate -0.02563% Assessed CR Tax Rate +0.012556%
Year 2019 Assessed Value $489,000 Land Value $120,000 Improvement Value $369,000 Tax Amount $6,198.28 Change Rate +9.648868% Assessed CR Tax Rate +0.012675%
Year 2018 Assessed Value $479,000 Land Value $125,000 Improvement Value $354,000 Tax Amount $582.06 Change Rate Assessed CR Tax Rate +0.001215%