Property Valuation and Tax
Property Valuation:
The City of Shorewood contracts with Hennepin County Assessor's Office for establishing the market value and determining classification (use) of property located within the city. Also, the Assessor's Office maintains the city's property database and is the primary source of property information for city and community use.
Homestead Taxes:
Homeowners can print a homestead application off the Hennepin County web site. Under Search enter "homestead". Print the homestead application. Then complete the form and attach a copy of your Deed and Legal Description and mail it to:
Hennepin County Assessor Office
300 S. 6th Street A-2103
Minneapolis, MN 55487
In order to receive homestead for the current assessment year, applicants or qualifying relative(s) must own and occupy the property as their main residence by December 1. Applicants have until December 15th to apply for homestead. For answers to any of your homesteading questions please call the following numbers:
Hennepin County General Information 612.348.3000
Hennepin County Assessor’s office 612.348.3046
Hennepin County Assessor’s Fax 612.348.8751
Property Taxes:
Property taxes are paid to the Hennepin County Auditor and redistributed to the city and other government jurisdictions such as school boards and the county. Property tax statements are mailed in March. The taxes are based on the estimated market value for the previous year. The payment of one-half of the tax is due by May 15 and the balance by Oct. 15.