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7 Wellesley Pl; Minneapolis, MN Property Details

7 Wellesley Pl, Minneapolis, MN is a Townhouse that was built in 1981. This property is currently Financed and is for sale. Our records show that 7 Wellesley Pl has 2 bedrooms, and 2.75 bathrooms, and a total of 1,767 square feet. The lot size of 7 Wellesley Pl is 2,614 square feet.

On Market for 12 days
7 Wellesley Pl Minneapolis, MN 55436
$475,000 Listing Price
2 Beds
2.75 Baths
1,767 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1981
  • Purchase Price: $335,000
  • Open Loans / Balance: 1 / $113,942
  • Est. Equity / %: $334,058 / 74.57%
  • Gross Yield: 4.696%
  • APN: 31-117-21-34-0048
  • Situs County: Hennepin
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.75
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average

Measurements

  • Total: 1,767/SqFt
  • Lot: 2,614/SqFt
  • Gross: 2,579/SqFt
  • Garage: 528/SqFt
  • Living: 1,767/SqFt
  • Basement: 812/SqFt
  • Building: 3,455/SqFt
  • Ground: 1,767/SqFt
  • Price Per Square Foot: $189.59

Legal Description

  • Description: LOT 007 BLOCK 001 A HANSEN-MARTINSON 1ST ADDN 29 X 90
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hopkins Public School District
  • Lat / Lon: 44.892796 / -93.394966
  • Subdivision: Hansen-Martinson 1st Addn
  • Property Class: Residential
  • County Use Code: Y

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1644
  • Cooling: Packaged Unit
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Floor/Wall
  • Parking: 2

HOA

  • H O A One: $1,687
  • H O A Amount: $1,687
  • H O A One Frequency: Quarterly
  • H O A One Type: Home Owner Association

Ownership Info

7 Wellesley Pl has no associated ownership info
7 Wellesley Pl has no associated ownership info.

Taxes

7 Wellesley Pl has 10 associated Taxes items

7 Wellesley Pl, 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 $445,700. The APN we've located for 7 Wellesley Pl is 31-117-21-34-0048.

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Taxes
  • Assessed Value:  $445,700
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  31-117-21-34-0048
  • Assessed Land Value:  83000
  • Market Land Value:  83000
  • Tax Amount:  5361.54
  • Tax Year:  2025
  • Market Value:  445700
  • Market Year:  2025

Tax History

7 Wellesley Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $445,700 Land Value $83,000 Improvement Value $362,700 Tax Amount $5,361.54 Change Rate +0.14848% Assessed CR Tax Rate +0.012029%
Year 2024 Assessed Value $412,700 Land Value $78,000 Improvement Value $334,700 Tax Amount $4,668.38 Change Rate +0.039233% Assessed CR Tax Rate +0.011312%
Year 2023 Assessed Value $403,100 Land Value $75,000 Improvement Value $328,100 Tax Amount $4,492.14 Change Rate +0.133846% Assessed CR Tax Rate +0.011144%
Year 2022 Assessed Value $381,400 Land Value $60,000 Improvement Value $321,400 Tax Amount $3,961.86 Change Rate +0.09555% Assessed CR Tax Rate +0.010388%
Year 2021 Assessed Value $343,400 Land Value $55,000 Improvement Value $288,400 Tax Amount $3,616.32 Change Rate -0.020726% Assessed CR Tax Rate +0.010531%
Year 2020 Assessed Value $317,200 Land Value $55,000 Improvement Value $262,200 Tax Amount $3,692.86 Change Rate +0.037326% Assessed CR Tax Rate +0.011642%
Year 2019 Assessed Value $311,000 Land Value $55,000 Improvement Value $256,000 Tax Amount $3,559.98 Change Rate -0.000679% Assessed CR Tax Rate +0.011447%
Year 2018 Assessed Value $303,400 Land Value $55,000 Improvement Value $248,400 Tax Amount $3,562.4 Change Rate +0.063797% Assessed CR Tax Rate +0.011742%
Year 2017 Assessed Value $275,300 Land Value $55,000 Improvement Value $220,300 Tax Amount $3,348.76 Change Rate -0.017342% Assessed CR Tax Rate +0.012164%
Year 2016 Assessed Value $271,000 Land Value $55,000 Improvement Value $216,000 Tax Amount $3,407.86 Change Rate -0.014494% Assessed CR Tax Rate +0.012575%
Year 2015 Assessed Value $271,000 Land Value $55,000 Improvement Value $216,000 Tax Amount $3,457.98 Change Rate Assessed CR Tax Rate +0.01276%
Year 2014 Assessed Value $251,000 Land Value $55,000 Improvement Value $196,000 Tax Amount Change Rate Assessed CR Tax Rate