1016 Thomas Ave
Minneapolis, MN 55405
4 bd 3 ba 1,996 sqft Built 1951 Lot 12,197 sqft single_family
Most recent sale
$609,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $609,000 | MLS #6179183 |
| May 23, 2022 | Price changed | $609,000 | MLS #6179183 |
| May 15, 2022 | Price changed | $574,900 | MLS #6179183 |
| May 5, 2022 | Listed | $615,000 | MLS #6179183 |
| Jul 30, 2010 | Sold | $467,500 | MLS #3939746 |
| Jun 21, 2010 | Listed | $489,000 | MLS #3939746 |
| Oct 31, 2006 | Sold | $357,500 | Public Record |
| Nov 18, 2005 | Sold | $265,000 | Public Record |
| May 28, 1992 | Sold | $31,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $364,000 | $232,000 | $596,000 | $9,157 |
| 2024 | $367,000 | $226,000 | $593,000 | $7,998 |
| 2023 | $322,000 | $194,000 | $516,000 | $6,827 |
| 2022 | $320,000 | $167,000 | $487,000 | $6,748 |
| 2021 | $219,300 | $244,200 | $463,500 | $6,206 |
| 2020 | $219,300 | $244,200 | $463,500 | $6,592 |
| 2019 | $210,300 | $244,200 | $454,500 | $6,788 |
| 2018 | $210,300 | $244,200 | $454,500 | $6,266 |
| 2017 | $172,800 | $244,200 | $417,000 | $6,419 |
| 2016 | $195,000 | $222,000 | $417,000 | $6,623 |
| 2015 | $195,000 | $222,000 | $417,000 | $6,573 |
| 2014 | — | — | $394,400 | $7,799 |
| 2013 | $251,500 | $185,000 | $436,500 | $8,076 |
| 2012 | $295,800 | $154,200 | $450,000 | $7,865 |
| 2011 | $295,800 | $154,200 | $450,000 | $7,086 |
| 2010 | $202,100 | $222,900 | $425,000 | $5,042 |
| 2009 | $127,100 | $222,900 | $350,000 | $5,099 |
| 2008 | $127,100 | $222,900 | $350,000 | $4,553 |
| 2007 | $156,200 | $147,500 | $303,700 | $4,017 |
Property facts
Year built
1951
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,996 sqft
Lot size
12,197 sqft
ZIP code
55405
City
Minneapolis
Street
Thomas Ave
Coordinates
44.96952, -93.31449
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,994
Gross rental yield
5.90%
Implied cap rate
3.83%
Trend-extrapolated value
—
Frequently asked questions
When did 1016 Thomas Ave last sell?
1016 Thomas Ave most recently sold on Jun 17, 2022 for $609,000.
What is the current tax assessment for 1016 Thomas Ave?
The most recent total assessment for 1016 Thomas Ave (year 2025) is $596,000 with $9,157 in property tax.
How does 1016 Thomas Ave's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $609,000.
When was 1016 Thomas Ave built?
1016 Thomas Ave was built in 1951.
How does 1016 Thomas Ave compare to others on Thomas Ave?
We track 8 other properties on Thomas Ave. Browse the list under "Other properties on Thomas Ave" to compare beds, baths, and sale history.
What are the property facts for 1016 Thomas Ave?
1016 Thomas Ave is a 4 bed, 3 bath, 1,996 sqft, 12,197 sqft lot single_family.
Is 1016 Thomas Ave a flip candidate?
No — 1016 Thomas Ave does not appear in our flips dataset.
Is 1016 Thomas Ave a tax-appeal candidate?
No — 1016 Thomas 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
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$532.8K
2026 Q4
$538.8K
ZIP 55405 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Thomas Ave