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221 27th St

Minneapolis, MN 55408

2 bd 1 ba 1,449 sqft Built 1923 Lot 3,485 sqft single_family
Most recent sale
$200,000
Oct 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2023 Sold $404,000 Public Record
Apr 3, 2023 Sold $404,000 NorthstarMLS
Sep 21, 2022 Listed $399,900 MLS #6263539
Oct 7, 2021 Sold $200,000 Public Record
May 1, 1988 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $217,000 $110,000 $327,000 $4,468
2020 $267,960 $5,642
2019 $267,960 $3,815
2018 $240,165 $3,440
2017 $227,085 $3,261
2016 $209,645 $2,862
2015 $177,490 $3,002
2014 $177,490 $3,003
2013 $165,500 $3,169
2012 $174,220 $3,089
2011 $174,220 $3,036
2010 $172,200 $21,800 $194,000 $2,629
2009 $172,200 $21,800 $194,000 $2,660
2008 $172,200 $21,800 $194,000 $2,066
2007 $134,300 $16,100 $150,400 $1,801

Property facts

Year built
1923
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,449 sqft
Lot size
3,485 sqft
ZIP code
55408
City
Minneapolis
Street
27th St
Coordinates
44.95354, -93.28242

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,174
Gross rental yield
13.04%
Implied cap rate
8.48%
Trend-extrapolated value

Frequently asked questions

When did 221 27th St last sell?
221 27th St most recently sold on Oct 7, 2021 for $200,000.
What is the current tax assessment for 221 27th St?
The most recent total assessment for 221 27th St (year 2023) is $327,000 with $4,468 in property tax.
How does 221 27th St's assessment compare to its last sale price?
The current assessment is 63.5% above the last sale price of $200,000.
When was 221 27th St built?
221 27th St was built in 1923.
How does 221 27th St compare to others on 27th St?
We track 8 other properties on 27th St. Browse the list under "Other properties on 27th St" to compare beds, baths, and sale history.
What are the property facts for 221 27th St?
221 27th St is a 2 bed, 1 bath, 1,449 sqft, 3,485 sqft lot single_family.
Is 221 27th St a flip candidate?
Yes — 221 27th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 221 27th St a tax-appeal candidate?
No — 221 27th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.7%
Implied 1-yr
-18.8%
2026 Q3
$322.5K
2026 Q4
$300.6K
ZIP 55408 — Median Price History + Forecast

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