Taxes
- Assessed Value: $1,022,900
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 31-117-21-14-0035
- Assessed Land Value: 588500
- Market Land Value: 588500
- Tax Amount: 14788.62
- Tax Year: 2025
- Market Value: 1022900
- Market Year: 2025
5605 Schaefer Rd; Minneapolis, MN Property Details
Off market
5605 Schaefer Rd Minneapolis, MN 55436
$980,000 Listing Price
5 Beds
4.5 Baths
2,560 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1965
- Purchase Price: $980,000
- Open Loans / Balance: 2 / $770,158
- Est. Equity / %: $296,842 / 27.82%
- Gross Yield: 9.567%
- APN: 31-117-21-14-0035
- Situs County: Hennepin
- Length Of Ownership: 4 years, 5 months
Rooms
- Bedrooms: 5
- Bathrooms: 4.5
- Full Bathrooms: 3
- Total Rooms: 10
- Partial Bathrooms: 2
Structure
- Building Style: Frame
- Floor Cover Type: Carpet
- Stories: 1
- Exterior Wall Type: Wood
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Roof Type: Hip
- Roof Cover Type: Wood
- Deck: true
Measurements
- Total: 2,560/SqFt
- Lot: 21,780/SqFt
- Gross: 3,417/SqFt
- Garage: 660/SqFt
- Living: 3,567/SqFt
- Basement: 857/SqFt
- Building: 5,362/SqFt
- Ground: 2,560/SqFt
- Price Per Square Foot: $382.81
Legal Description
- Description: LOT 002 BLOCK 001 B PARKWOOD KNOLLS 11TH ADDN THAT PART OF LOT 2 LYING SELY OF A LINE RUNNING FROM THE MOST NLY COR THEREOF TO A PT IN SWLY LINE OF SAID LOT DIS 13 FT SELY FROM MOST WLY T SW137X149X161X153
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Edina Public School District
- Lat / Lon: 44.90176 / -93.38529
- Subdivision: Parkwood Knolls 11th Addn
- Property Class: Residential
- Zoning: R-1
- County Use Code: R
Amenities
- Heating Fuel Type: Electric
- Plus Four: 1112
- Cooling: Packaged Unit
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Floor/Wall
- Parking: 3
Ownership Info
5605 Schaefer Rd has no associated ownership info
5605 Schaefer Rd has no associated ownership info.
Taxes
5605 Schaefer Rd has 10 associated Taxes items
5605 Schaefer Rd, 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 $1,022,900. The APN we've located for 5605 Schaefer Rd is 31-117-21-14-0035.
Unlock the full reportTax History
5605 Schaefer Rd 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 $1,022,900 | Land Value $588,500 | Improvement Value $434,400 | Tax Amount $14,788.62 | Change Rate +0.130988% | Assessed CR | Tax Rate +0.014458% |
| Year 2024 | Assessed Value $948,900 | Land Value $555,000 | Improvement Value $393,900 | Tax Amount $13,075.84 | Change Rate +0.052156% | Assessed CR | Tax Rate +0.01378% |
| Year 2023 | Assessed Value $945,600 | Land Value $550,000 | Improvement Value $395,600 | Tax Amount $12,427.66 | Change Rate +0.136617% | Assessed CR | Tax Rate +0.013143% |
| Year 2022 | Assessed Value $893,900 | Land Value $531,200 | Improvement Value $362,700 | Tax Amount $10,933.9 | Change Rate +0.025579% | Assessed CR | Tax Rate +0.012232% |
| Year 2021 | Assessed Value $791,600 | Land Value $446,200 | Improvement Value $345,400 | Tax Amount $10,661.2 | Change Rate +0.00996% | Assessed CR | Tax Rate +0.013468% |
| Year 2020 | Assessed Value $772,400 | Land Value $425,000 | Improvement Value $347,400 | Tax Amount $10,556.06 | Change Rate -0.001334% | Assessed CR | Tax Rate +0.013667% |
| Year 2019 | Assessed Value $753,200 | Land Value $403,700 | Improvement Value $349,500 | Tax Amount $10,570.16 | Change Rate -0.016535% | Assessed CR | Tax Rate +0.014034% |
| Year 2018 | Assessed Value $755,200 | Land Value $403,700 | Improvement Value $351,500 | Tax Amount $10,747.88 | Change Rate -0.020484% | Assessed CR | Tax Rate +0.014232% |
| Year 2017 | Assessed Value $750,000 | Land Value $450,000 | Improvement Value $300,000 | Tax Amount $10,972.64 | Change Rate +0.035528% | Assessed CR | Tax Rate +0.01463% |
| Year 2016 | Assessed Value $717,300 | Land Value $450,000 | Improvement Value $267,300 | Tax Amount $10,596.18 | Change Rate +0.040279% | Assessed CR | Tax Rate +0.014772% |
| Year 2015 | Assessed Value $717,300 | Land Value $450,000 | Improvement Value $267,300 | Tax Amount $10,185.9 | Change Rate | Assessed CR | Tax Rate +0.0142% |
| Year 2014 | Assessed Value $717,300 | Land Value $450,000 | Improvement Value $267,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |