3729 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 0202824440077

Property Overview

Parcel ID0202824440077

Lot Size4,894 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerSVETLANA PETROVICH

Assessed Value$366,300

Land Value$80,000

Building Value$286,300

Annual Tax$5,649

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $23K total declared value · Most recent: Apr 2019 (addition)

AdditionApr 2019Closed

$850

Rafael Robles

ExistresJan 2019Closed

Heating and Cooling Design Inc

RemodelDec 2018Closed

$18K

RAFAEL ROBLES

ResDec 2018Closed

DEN-MARK PLUMBING INC

RemodelOct 2017Closed

$4K

Building Code Tech

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 width30 ft

Buildable depth82 ft

Area~2,470 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 2,470 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3733 BLOOMINGTON AVE MINNEAPOLIS MN 55407	RBH INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$335,900	40 ft
3725 BLOOMINGTON AVE MINNEAPOLIS MN 55407	TIMOTHY FRANK HORNSTINE	RESIDENTIAL	$287,700	40 ft
3737 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MARIO MARTINEZ AGUILERA	RESIDENTIAL	$191,000	80 ft
3723 BLOOMINGTON AVE MINNEAPOLIS MN 55407	AXEL ANDERSON	RESIDENTIAL	$228,600	80 ft
3741 BLOOMINGTON AVE MINNEAPOLIS MN 55407	CITY/LAKES COMMUNITY LAND TR	—	$327,700	120 ft
3717 BLOOMINGTON AVE MINNEAPOLIS MN 55407	STEVEN H SPOERING	RESIDENTIAL	$293,400	120 ft
3728 16TH AVE S MINNEAPOLIS MN 55407	RICHARD B RUE	RESIDENTIAL	$220,700	134 ft
3724 16TH AVE S MINNEAPOLIS MN 55407	J L SMITH & J L SMITH	RESIDENTIAL	$255,600	140 ft
3732 16TH AVE S MINNEAPOLIS MN 55407	TYLER HINES & ADAM LYCHE	TRIPLEX	$491,300	140 ft
3720 16TH AVE S MINNEAPOLIS MN 55407	THOMAS R FROTHINGER	RESIDENTIAL	$246,000	156 ft

Property History

Most Recent Sale

Date201908

Price$298,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,649