1631 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418

PID: 0102924120051

Property Overview

Parcel ID0102924120051

Lot Size11,893 sq ft (0.273 ac)

Lot Dimensions (est.)61 ft wide × 196 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerS DE CAMPOS SALLES ET AL

Assessed Value$327,800

Land Value$140,000

Building Value$187,800

Annual Tax$5,236

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $10K total declared value · Most recent: Sep 2020 (res)

ResSep 2020Closed

DEN-MARK PLUMBING INC

ExistresSep 2020Closed

MERIDIAN PROPERTIES LLC

MiscAug 2020Closed

$10K

MERIDIAN PROPERTIES LLC

ResAug 2020Closed

MN Plumbing & Home Services INC

ResJan 2018Closed

Urban Pine Plumbing and Mechanical Inc

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 depth158 ft

Area~7,899 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 7,899 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1625 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	BJORN K MONSON II	RESIDENTIAL	$342,400	60 ft
1637 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	A W FERGUSON & K J FERGUSON	RESIDENTIAL	$302,300	60 ft
1619 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	TIMOTHY A HOGETVEDT	RESIDENTIAL	$314,100	119 ft
1643 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	AMANDA M GROETTUM	RESIDENTIAL	$299,000	119 ft
1613 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	JANETH J VERDUGO SANANGO	RESIDENTIAL	$330,900	179 ft
1649 HOLLYWOOD AVE N E MINNEAPOLIS MN 55418	RICHARD F BOCK	RESIDENTIAL	$287,900	184 ft
1630 37TH AVE N E MINNEAPOLIS MN 55421	KENNETH R ELLIS ETAL	RESIDENTIAL	$257,600	193 ft
1624 37TH AVE N E MINNEAPOLIS MN 55421	STEVEN HALL	RESIDENTIAL	$251,700	201 ft
1636 37TH AVE N E MINNEAPOLIS MN 55421	ERIC P SODERBERG ET AL	RESIDENTIAL	$280,700	203 ft
1618 37TH AVE N E MINNEAPOLIS MN 55421	JEFFREY TYLER	RESIDENTIAL	$265,200	226 ft

Property History

Most Recent Sale

Date199401

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,236