City of Eden Prairie
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Assessing Division FAQ
Frequently Asked Questions
Below is a list of frequently asked questions pertaining to the Assessing Division.
Assessing
Submit an inquiry to the Engineering Division or call 952-949-8316 to find out if your property is assessed.
In early March of each year, the City Assessor sends out a Notice of Valuation and Classification via U.S. mail. This notice provides a comparison of Values, Exclusions and Classification of the current Assessment to the previous Assessment. Additional information regarding appeal options and definitions of terms are also included.
Historical information is also available on the Hennepin County website.
- At least once every five years, an Eden Prairie appraiser will collect and/or verify physical property information that is needed to establish your market value. Information, such as the size, quality, age, condition, and income and expense data (for income-producing properties) is required to make sure a fair market value is established.
Sales information is used to determine changing value trends in the Real Estate Market. The estimated market value established for your property should be close to its probable selling price if placed on the open market.
Homestead Information
Homestead applications can be submitted in person at any Hennepin County Service Center location or online at hennepin.us/Homestead.
Learn more at edenprairie.org/Assessing.
Homestead properties may pay a lower property tax than non-homestead properties. In addition, to be eligible for other special property tax programs — such as the Minnesota Property Tax Refund — properties must be classified as a homestead.
Minnesota law provides full or partial valuation property tax exclusion for homesteads of disabled veterans with a disability rating of 70% or greater, as determined by the U.S. Department of Veteran Affairs.
You must be able to verify honorable discharge from the United States armed forces as indicated by U.S. Government Form DD214 or other official military discharge papers. You must also be certified by the U.S. Veterans Administration as having service-connected disability.
Applicants requiring information concerning their discharge or disability status must work with their County Veterans Service Office or the Veterans Administration to receive this information. The City Assessor is not responsible for determining disability status.
Visit the MN Department of Revenue website for a summary of program qualifications.
Homestead is a classification granted to properties that are owner-occupied or are occupied as a person’s primary place of residence. The homestead classification is not automatic or transferred to you by the seller at the time of sale. You must apply for the homestead classification in your name after you purchase and move in.
After the initial approval, the homestead classification will remain until the property is sold, or the owner or the qualifying relative no longer uses it as a primary place of residence.
If a different qualifying relative occupies the property, the owner must notify the County Assessor within 30 days of the change. Upon the sale of the property, a Certificate of Real Estate Value must be filed with the County Auditor as required under Minnesota Statute 272.115.
Any property owner who is a Minnesota resident and occupies the property as his/her primary residence may apply for the homestead classification.
To be eligible you must own and occupy the property as your primary residence between Jan. 2 and Dec. 31 of the current year for taxes payable the following year to be classified as homestead. Application must be made no later than Dec. 31 of the current year.
State law also provides for the homestead classification to be extended to properties that are occupied by a qualifying relative of the owner. For more information on the relative homestead classification, contact the County Assessor.
Property Taxes
There are three primary factors that determine your property tax:
- The tax levies of the tax districts you live in
- The value of your property relative to the value of all property in the taxing district
- How you use your property
In addition, there are a number of state laws that affect both the amount of your property tax and the way it is determined.
Your share of the tax levy is based on the value of your property relative to the value of all other property in the tax district. It is also possible that your property value could go up and taxes could go down.
For example, if a taxing district decided not to change the amount of its levy from one year to the next, your tax may go down, go up or remain the same. If the value of your property doesn't change, but the value of the other properties in your district go down, your tax will increase because your share of the total value increased. Likewise, if values of the other properties in your district goes up, your tax will decrease because your share of the total value decreased.
If after receiving your notice of valuation and classification you believe your property value or classification is incorrect, you should contact the Eden Prairie Assessor’s office at 952 949-8511. If the Assessor cannot adequately resolve the problem, you may make an appeal as outlined below:
- The Eden Prairie Board of Appeal and Equalization meets in the spring of each year – usually in April – after value notices are sent. If you wish to appear before the Board, you must submit a timely application. Before you apply, contact the Assessor’s office to discuss your concerns.
- The Hennepin County Board of Appeal and Equalization meets during the last two full weeks in June at the Hennepin County Government Center. If you wish to petition the County Board, you must submit a timely application. In order to appear before the County Board, you must first appear before the local Board of Appeal and Equalization.
- The Minnesota Tax Court is located at 25 Constitution Ave. in St. Paul. All appeals to Tax Court must be filed on or before April 30 of the year the tax becomes payable (M.S. 278.01, Subd. 1).
Note: Owners of income-producing properties must file income and expense data with the Eden Prairie Assessor within 60 days after the filing deadline. Failure to provide this information may result in a dismissal of the petition (M.S. 278.05, Subd. 6).
Each year local governments go through a budget process to determine what services they will provide, how much those services will cost and how those services will be funded.
After taking into account other sources of revenue (such as state paid aid, fees, etc.) the rest is levied on taxable properties. The tax rate for each taxing district is determined by the county auditor by dividing this levy by the taxable value of the property in the district.
Public meetings take place each year to give taxpayers a place to voice their concerns to elected officials.
Property tax information is available from the Hennepin County website. You may also contact Hennepin County Taxpayer Services at 612-348-3011.
In Minnesota, properties with the same market value will be taxed different amounts depending on how they are used.
For instance, commercial property will have a higher tax than residential property of the same value. This is done by using classification rates set by the state legislature to give more weight to the value of commercial property as compared to residential property. For more information, visit the Hennepin County website.