1618 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418

PID: 0102924120032

Property Overview

Parcel ID0102924120032

Lot Size8,441 sq ft (0.194 ac)

Lot Dimensions (est.)65 ft wide × 130 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerMARGARETA FAZELI FARD

Assessed Value$242,600

Land Value$104,000

Building Value$138,600

Annual Tax$3,409

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $14K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$3K

BUILDERS AND REMODELERS INC

MiscSep 2025Closed

$11K

BUILDERS AND REMODELERS INC

ExistresJun 2021Closed

Pronto Heating & Air Conditioning Inc

MiscJul 2019Closed

$1.11

SUPER SIDERS

ExistresFeb 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth101 ft

Area~4,990 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 4,990 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1624 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	N LOVDAHL & B N WEISS	RESIDENTIAL	$265,300	62 ft
1612 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	M L P CASTRO & R H P COBOS	RESIDENTIAL	$254,300	62 ft
1630 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	TYLER GERRICK/TABITHA BAKER	RESIDENTIAL	$274,400	125 ft
1606 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	CARA BENSON	RESIDENTIAL	$265,900	125 ft
1636 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	DANIEL GONZALO BONETE ET AL	RESIDENTIAL	$287,200	187 ft
1600 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	SAIFUL ISLAM & TAHIRA SAIF	RESIDENTIAL	$359,800	193 ft
1619 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	TIMOTHY A HOGETVEDT	RESIDENTIAL	$314,100	230 ft
1613 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	JANETH J VERDUGO SANANGO	RESIDENTIAL	$330,900	237 ft
1625 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	BJORN K MONSON II	RESIDENTIAL	$342,400	239 ft
1642 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	J T MIESEN & S L MIESEN	RESIDENTIAL	$284,800	249 ft

Property History

Most Recent Sale

Date201803

Price$191,725

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,409