5431 UTAH AVE N NEW HOPE MN 55428

PID: 0611821440022· 1 field stubbed (see below)

Property Overview

Parcel ID0611821440022

Lot Size10,121 sq ft (0.232 ac)

Lot Dimensions (est.)135 ft wide × 75 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerADAM N BASIL

Assessed Value$326,200

Land Value$88,000

Building Value$238,200

Annual Tax$4,975

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,258/mo

Renter-occupied63.3%

Median home value$229K

Vacancy rate8.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 215.02

Market Snapshot

Zip code 55428

Median sale price$333K+8.5% YoY

Median price / sqft$184/sqft

Median days to close39 days

Active listings38

Source: Redfin Data Center (Invalid Date) · Zip 55428

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date201003

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,975

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5427 UTAH AVE N NEW HOPE MN 55428	HOLLY ELLEN WHITNEY	RESIDENTIAL	$266,400	75 ft
5437 UTAH AVE N NEW HOPE MN 55428	SARA HILT	RESIDENTIAL	$292,600	77 ft
5430 VIRGINIA AVE N NEW HOPE MN 55428	KARI HANSON	RESIDENTIAL	$259,400	135 ft
5421 UTAH AVE N NEW HOPE MN 55428	LARRY LEE WORKING	RESIDENTIAL	$267,800	150 ft
5426 VIRGINIA AVE N NEW HOPE MN 55428	PETER T BECKER	RESIDENTIAL	$203,900	154 ft
5436 VIRGINIA AVE N NEW HOPE MN 55428	JENSEN SOLUTIONS LLC	RESIDENTIAL	$211,700	155 ft
5430 UTAH AVE N NEW HOPE MN 55428	ANNETTE R SCHMAEDEKA	RESIDENTIAL	$240,900	194 ft
5420 VIRGINIA AVE N NEW HOPE MN 55428	ELIZABETH K JOHNSON	RESIDENTIAL	$261,700	202 ft
5501 UTAH AVE N NEW HOPE MN 55428	DEBORAH PAINE	RESIDENTIAL	$420,100	206 ft
5426 UTAH AVE N NEW HOPE MN 55428	JOSEPH S KREYE/SIERRA C TOPP	RESIDENTIAL	$263,600	208 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.