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8 Melbourne Ave; Minneapolis, MN Property Details

8 Melbourne Ave, Minneapolis, MN is a Single Family that was built in 1908. This property is currently Financed and is not for sale. Our records show that 8 Melbourne Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,031 square feet. The lot size of 8 Melbourne Ave is 5,227 square feet.

Off market
8 Melbourne Ave SE Minneapolis, MN 55414
$426,294 Listing Price
4 Beds
2 Baths
2,031 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1908
  • Purchase Price: $426,294
  • Open Loans / Balance: 1 / $280,256
  • Est. Equity / %: $312,744 / 52.74%
  • Gross Yield: 9.035%
  • APN: 30-029-23-44-0051
  • Situs County: Hennepin
  • Length Of Ownership: 10 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Wood
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,031/SqFt
  • Lot: 5,227/SqFt
  • Gross: 3,028/SqFt
  • Living: 2,031/SqFt
  • Basement: 997/SqFt
  • Building: 3,028/SqFt
  • Ground: 1,204/SqFt
  • Price Per Square Foot: $209.89

Legal Description

  • Description: LOT 003 BLOCK 004 A PROSPECT PARK 2ND DIV REV LOTS 3 AND 4 E 51X103X50X103
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: 44.96608 / -93.21017
  • Subdivision: Prospect Park 2nd Div Rev
  • Property Class: Residential
  • Zoning: R2B
  • County Use Code: R

Amenities

  • Plus Four: 3514
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

8 Melbourne Ave SE has no associated ownership info
8 Melbourne Ave SE has no associated ownership info.

Taxes

8 Melbourne Ave SE has 10 associated Taxes items

8 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 $568,000. The APN we've located for 8 Melbourne Ave is 30-029-23-44-0051.

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Taxes
  • Assessed Value:  $568,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  30-029-23-44-0051
  • Assessed Land Value:  183000
  • Market Land Value:  183000
  • Tax Amount:  9031.66
  • Tax Year:  2025
  • Market Value:  568000
  • Market Year:  2025

Tax History

8 Melbourne Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $568,000 Land Value $183,000 Improvement Value $385,000 Tax Amount $9,031.66 Change Rate +0.131305% Assessed CR Tax Rate +0.015901%
Year 2024 Assessed Value $530,000 Land Value $183,000 Improvement Value $347,000 Tax Amount $7,983.4 Change Rate +0.068634% Assessed CR Tax Rate +0.015063%
Year 2023 Assessed Value $559,000 Land Value $194,000 Improvement Value $365,000 Tax Amount $7,470.66 Change Rate +0.037378% Assessed CR Tax Rate +0.013364%
Year 2022 Assessed Value $516,000 Land Value $131,000 Improvement Value $385,000 Tax Amount $7,201.48 Change Rate +0.147961% Assessed CR Tax Rate +0.013956%
Year 2021 Assessed Value $516,000 Land Value $132,000 Improvement Value $384,000 Tax Amount $6,273.28 Change Rate -0.077155% Assessed CR Tax Rate +0.012158%
Year 2020 Assessed Value $469,000 Land Value $66,600 Improvement Value $402,400 Tax Amount $6,797.76 Change Rate +0.028978% Assessed CR Tax Rate +0.014494%
Year 2019 Assessed Value $469,000 Land Value $60,800 Improvement Value $408,200 Tax Amount $6,606.32 Change Rate +0.139307% Assessed CR Tax Rate +0.014086%
Year 2018 Assessed Value $442,500 Land Value $60,800 Improvement Value $381,700 Tax Amount $5,798.54 Change Rate +0.056878% Assessed CR Tax Rate +0.013104%
Year 2017 Assessed Value $360,500 Land Value $55,300 Improvement Value $305,200 Tax Amount $5,486.48 Change Rate +0.07717% Assessed CR Tax Rate +0.015219%
Year 2016 Assessed Value $327,000 Land Value $55,300 Improvement Value $271,700 Tax Amount $5,093.42 Change Rate -0.087397% Assessed CR Tax Rate +0.015576%
Year 2015 Assessed Value $327,000 Land Value $55,300 Improvement Value $271,700 Tax Amount $5,581.2 Change Rate Assessed CR Tax Rate +0.017068%
Year 2014 Assessed Value $293,500 Land Value $55,300 Improvement Value $238,200 Tax Amount Change Rate Assessed CR Tax Rate