248 Xerxes Ave
Minneapolis, MN 55405
3 bd 3 ba 1,674 sqft Built 1947 Lot 6,534 sqft single_family
Most recent sale
$400,000
Nov 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2022 | Sold | $400,000 | NorthstarMLS |
| Oct 10, 2022 | Listed | $410,000 | NorthstarMLS |
| Jul 10, 2013 | Sold | $342,500 | Public Record |
| Mar 12, 2012 | Listing removed | $1,850 | NorthstarMLS |
| Mar 6, 2012 | Listing removed | $1,750 | NorthstarMLS |
| Feb 29, 2012 | Listed for rent | $1,750 | NorthstarMLS |
| Jun 13, 2011 | Listing removed | $299,900 | NorthstarMLS |
| Apr 1, 2011 | Listing removed | $1,750 | NorthstarMLS |
| Dec 17, 2010 | Listed | $299,900 | NorthstarMLS |
| Oct 29, 2010 | Listed for rent | $1,750 | NorthstarMLS |
| Sep 28, 2010 | Price changed | $312,000 | NorthstarMLS |
| Jul 7, 2010 | Price changed | $329,000 | NorthstarMLS |
| Apr 19, 2010 | Listed | $349,000 | NorthstarMLS |
| Feb 18, 2010 | Listed | $359,500 | NorthstarMLS |
| Aug 21, 2009 | Listed | $389,000 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $259,000 | $263,000 | $522,000 | $6,850 |
| 2023 | $321,000 | $214,000 | $535,000 | $7,118 |
| 2022 | $317,000 | $169,000 | $486,000 | $6,708 |
| 2021 | $299,700 | $115,300 | $415,000 | $5,527 |
| 2020 | — | — | $406,390 | $5,864 |
| 2019 | — | — | $406,390 | $6,038 |
| 2018 | — | — | $369,875 | $5,530 |
| 2017 | — | — | $346,985 | $5,319 |
| 2016 | — | — | $338,810 | $5,362 |
| 2015 | — | — | $338,810 | $5,620 |
| 2014 | $165,400 | $101,600 | $267,000 | $4,738 |
| 2013 | $180,300 | $86,700 | $267,000 | $5,029 |
| 2012 | $191,300 | $86,700 | $278,000 | $5,098 |
| 2011 | $191,300 | $86,700 | $278,000 | $4,886 |
| 2010 | $171,300 | $86,700 | $258,000 | $3,595 |
| 2009 | $171,300 | $86,700 | $258,000 | $3,634 |
| 2008 | $202,300 | $86,700 | $289,000 | $3,680 |
| 2007 | $222,300 | $66,700 | $289,000 | $3,774 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,674 sqft
Lot size
6,534 sqft
ZIP code
55405
City
Minneapolis
Street
Xerxes Ave
Coordinates
44.97841, -93.31817
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,511
Gross rental yield
7.53%
Implied cap rate
4.90%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Xerxes Ave last sell?
248 Xerxes Ave most recently sold on Nov 18, 2022 for $400,000.
What is the current tax assessment for 248 Xerxes Ave?
The most recent total assessment for 248 Xerxes Ave (year 2024) is $522,000 with $6,850 in property tax.
How does 248 Xerxes Ave's assessment compare to its last sale price?
The current assessment is 30.5% above the last sale price of $400,000.
When was 248 Xerxes Ave built?
248 Xerxes Ave was built in 1947.
How does 248 Xerxes Ave compare to others on Xerxes Ave?
We track 8 other properties on Xerxes Ave. Browse the list under "Other properties on Xerxes Ave" to compare beds, baths, and sale history.
What are the property facts for 248 Xerxes Ave?
248 Xerxes Ave is a 3 bed, 3 bath, 1,674 sqft, 6,534 sqft lot single_family.
Is 248 Xerxes Ave a flip candidate?
No — 248 Xerxes Ave does not appear in our flips dataset.
Is 248 Xerxes Ave a tax-appeal candidate?
Yes — 248 Xerxes Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Xerxes Ave