3640 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 0202824430013

Property Overview

Parcel ID0202824430013

Lot Size6,122 sq ft (0.141 ac)

Lot Dimensions (est.)123 ft wide × 50 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerBARBARA SITTON

Assessed Value$280,900

Land Value$88,000

Building Value$192,900

Annual Tax$4,034

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $30K total declared value · Most recent: Feb 2024 (existres)

ExistresFeb 2024Closed

Pronto Heating & Air Conditioning Inc

MiscSep 2023Closed

$16K

SHARP EXTERIORS

MiscAug 2021Closed

$10K

CAPITAL SIDING AND WINDOWS

MiscApr 2019Closed

$4K

CAPITAL SIDING AND WINDOWS

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,384/mo

Renter-occupied31.1%

Median home value$271K

Vacancy rate4.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1097

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth82 ft

Area~3,297 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 3-story wood frame (5–12 units) benchmarks for 3,297 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
3636 BLOOMINGTON AVE MINNEAPOLIS MN 55407	BROCK FROME/HALLIE ROSS	RESIDENTIAL	$257,600	50 ft
3644 BLOOMINGTON AVE MINNEAPOLIS MN 55407	M O-DE-PAREDES/M LLAPA ET AL	RESIDENTIAL	$217,900	56 ft
1512 37TH ST E MINNEAPOLIS MN 55407	J D SWEET & C A THOMAS	RESIDENTIAL	$142,400	62 ft
3632 BLOOMINGTON AVE MINNEAPOLIS MN 55407	LINDA S HEIN	RESIDENTIAL-TWO UNIT	$280,900	100 ft
1508 37TH ST E MINNEAPOLIS MN 55407	JOHN E NORBLOM JR ET AL	RESIDENTIAL	$211,600	108 ft
3645 15TH AVE S MINNEAPOLIS MN 55407	ANNE M VAREKA	RESIDENTIAL	$210,000	134 ft
3630 BLOOMINGTON AVE MINNEAPOLIS MN 55407	TITO B MENDOZA	RESIDENTIAL-TWO UNIT	$292,000	142 ft
3641 15TH AVE S MINNEAPOLIS MN 55407	A BETZEHHEIMER & A FINK	RESIDENTIAL	$310,000	142 ft
3637 15TH AVE S MINNEAPOLIS MN 55407	CLAUDIA G BEERMANN	RESIDENTIAL	$384,800	160 ft
3700 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MANA HOLDINGS GROUP LLC	RESIDENTIAL-TWO UNIT	$323,800	160 ft

Property History

Most Recent Sale

Date201606

Price$197,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,034