Minnesota deed tax is 0.0033 of net consideration, or $1.65 when consideration is $3,000 or less. Hennepin and Ramsey counties add a 0.0001 Environmental Response Fund tax.
Apply for Minnesota homestead classification by December 31 for taxes payable the next year. You must own and occupy the property as your primary residence and be a Minnesota resident.
Minnesota Housing homebuyer programs are offered through approved lenders. Confirm current income limits, purchase-price limits, and any down-payment help on the official Minnesota Housing site.
Minnesota owners can appeal value or classification to local and county boards, or go directly to Tax Court by April 30 of the following year. The tax amount itself is not appealable.
Minnesota sellers must disclose known material facts in writing before a residential purchase agreement is signed. A lawsuit for a failure to disclose must be started within two years after closing.
Read a Minnesota Valuation Notice for estimated market value and classification, which drive the next year's taxes. You may appeal value or class, but not the tax amount.