On Jan. 24, Jam Nicollet LLC and Fairway 9 Nicollet LLC purchased a home at 2445 Nicollet Ave., Minneapolis from K & P Investments LLC for $4,000,000.
In 2019, the property tax paid for this property was $47,817.96, which is 1.2% of the sale price of the home.
The last time this home sold was April 28, 2018. It last sold for $3,400,000.
So far in January 2022, 195 properties sold in Minneapolis.
This story was found on BlockShopper.com.
Minneapolis homeowners paid property taxes equal to 1.4% of their home’s value during the fourth quarter of 2025, outpacing the national average by more than 1.5 times, BlockShopper.com reports.
In the fourth quarter of 2025, Hennepin County homeowners paid property taxes equal to 1.3% of their home’s value—over 1.4 times higher than the national average, data from BlockShopper.com shows.
Hennepin County homeowners paid 1.3% of their home’s value in property taxes during the fourth quarter of 2025, surpassing the national average by more than 1.4 times, BlockShopper.com reports.
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