1620 Penn Ave
Minneapolis, MN 55411
4 bd 3 ba 3,141 sqft Built 1921 Lot 11,761 sqft single_family
Most recent sale
$372,650
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 30, 2024 | Sold | $395,000 | NorthstarMLS |
| Aug 3, 2023 | Listed | $386,000 | NorthstarMLS |
| Jun 26, 2023 | Listed | $399,900 | NorthstarMLS |
| Jul 12, 2022 | Sold | $372,650 | MLS #6181852 |
| Jun 26, 2022 | Price changed | $375,000 | MLS #6181852 |
| May 17, 2022 | Listed | $400,000 | MLS #6181852 |
| Sep 11, 2018 | Sold | $261,000 | MLS #4985758 |
| Sep 10, 2018 | Listed | $249,900 | MLS #4985758 |
| Apr 22, 2005 | Sold | $315,000 | Public Record |
| Feb 12, 1996 | Sold | $63,777 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $365,000 | $19,000 | $384,000 | $5,012 |
| 2020 | — | — | $273,410 | $3,983 |
| 2019 | — | — | $245,070 | $3,687 |
| 2018 | — | — | $210,190 | $3,393 |
| 2017 | — | — | $201,470 | $3,350 |
| 2016 | — | — | $192,750 | $3,325 |
| 2015 | — | — | $182,940 | $3,258 |
| 2014 | — | — | $167,135 | $3,205 |
| 2013 | — | — | $157,325 | $3,047 |
| 2012 | — | — | $157,325 | $2,981 |
| 2011 | $163,800 | $20,200 | $184,000 | $3,051 |
| 2010 | $164,200 | $40,300 | $204,500 | $2,799 |
| 2009 | $186,700 | $40,300 | $227,000 | $3,189 |
| 2008 | $204,100 | $33,600 | $237,700 | $2,993 |
| 2007 | $177,500 | $29,200 | $206,700 | $2,636 |
Property facts
Year built
1921
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,141 sqft
Lot size
11,761 sqft
ZIP code
55411
City
Minneapolis
Street
Penn Ave
Coordinates
44.99597, -93.30785
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,236
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1620 Penn Ave last sell?
1620 Penn Ave most recently sold on Jul 12, 2022 for $372,650.
What is the current tax assessment for 1620 Penn Ave?
The most recent total assessment for 1620 Penn Ave (year 2024) is $384,000 with $5,012 in property tax.
How does 1620 Penn Ave's assessment compare to its last sale price?
The current assessment is 3.0% above the last sale price of $372,650.
When was 1620 Penn Ave built?
1620 Penn Ave was built in 1921.
How does 1620 Penn Ave compare to others on Penn Ave?
We track 8 other properties on Penn Ave. Browse the list under "Other properties on Penn Ave" to compare beds, baths, and sale history.
What are the property facts for 1620 Penn Ave?
1620 Penn Ave is a 4 bed, 3 bath, 3,141 sqft, 11,761 sqft lot single_family.
Is 1620 Penn Ave a flip candidate?
No — 1620 Penn Ave does not appear in our flips dataset.
Is 1620 Penn Ave a tax-appeal candidate?
No — 1620 Penn Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$248.1K
2026 Q4
$248.5K
ZIP 55411 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Ave