1609 Northrop Ln
Minneapolis, MN 55403
2 bd 3 ba 2,934 sqft Built 1993 Lot 13,504 sqft single_family
Most recent sale
$825,000
Nov 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2022 | Sold | $825,000 | NorthstarMLS |
| Sep 30, 2022 | Listed | $899,000 | MLS #6266730 |
| Sep 23, 2022 | Listing removed | — | NorthstarMLS |
| Jun 23, 2022 | Price changed | $950,000 | MLS #5765274 |
| Feb 17, 2022 | Listed | $990,000 | MLS #5765274 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $545,000 | $356,000 | $901,000 | $14,679 |
| 2024 | $539,000 | $379,000 | $918,000 | $13,159 |
| 2023 | $467,000 | $375,000 | $842,000 | $12,084 |
| 2022 | $474,500 | $367,000 | $841,500 | $12,731 |
| 2021 | $426,800 | $414,700 | $841,500 | $12,267 |
| 2020 | $453,300 | $388,200 | $841,500 | $13,283 |
| 2019 | $413,300 | $388,200 | $801,500 | $12,937 |
| 2018 | $340,300 | $388,200 | $728,500 | $13,047 |
| 2017 | $359,600 | $352,900 | $712,500 | $13,086 |
| 2016 | $359,600 | $352,900 | $712,500 | $13,524 |
| 2015 | $359,600 | $352,900 | $712,500 | $14,183 |
| 2014 | $358,000 | $320,500 | $678,500 | $14,442 |
| 2013 | $326,100 | $352,400 | $678,500 | $14,564 |
| 2012 | $369,600 | $352,400 | $722,000 | $15,219 |
| 2011 | $407,100 | $352,400 | $759,500 | $15,420 |
| 2010 | $430,600 | $352,400 | $783,000 | $14,159 |
| 2009 | $430,600 | $352,400 | $783,000 | $14,366 |
| 2008 | $430,600 | $352,400 | $783,000 | $13,167 |
| 2007 | $430,000 | $280,000 | $710,000 | $12,338 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
2,934 sqft
Lot size
13,504 sqft
ZIP code
55403
City
Minneapolis
Street
Northrop Ln
Coordinates
44.96856, -93.29489
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,401
Gross rental yield
6.40%
Implied cap rate
4.16%
Trend-extrapolated value
—
Frequently asked questions
When did 1609 Northrop Ln last sell?
1609 Northrop Ln most recently sold on Nov 30, 2022 for $825,000.
What is the current tax assessment for 1609 Northrop Ln?
The most recent total assessment for 1609 Northrop Ln (year 2025) is $901,000 with $14,679 in property tax.
How does 1609 Northrop Ln's assessment compare to its last sale price?
The current assessment is 9.2% above the last sale price of $825,000.
When was 1609 Northrop Ln built?
1609 Northrop Ln was built in 1993.
How does 1609 Northrop Ln compare to others on Northrop Ln?
We do not currently track other properties on Northrop Ln.
What are the property facts for 1609 Northrop Ln?
1609 Northrop Ln is a 2 bed, 3 bath, 2,934 sqft, 13,504 sqft lot single_family.
Is 1609 Northrop Ln a flip candidate?
No — 1609 Northrop Ln does not appear in our flips dataset.
Is 1609 Northrop Ln a tax-appeal candidate?
No — 1609 Northrop Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$391K
2026 Q4
$388K
ZIP 55403 — Median Price History + Forecast
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Geography