4325 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 1102824410175

Property Overview

Parcel ID1102824410175

Lot Size6,093 sq ft (0.140 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1946

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOSEPH LEE & KELLY LEE

Assessed Value$439,300

Land Value$145,000

Building Value$294,300

Annual Tax$8,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $175K total declared value · Most recent: Jun 2021 (res)

ResJun 2021Closed

Crimson Copper LLC

ExistresMay 2021Closed

Home Contracting Systems LLC

RemodelMay 2021Closed

$175K

REFABED HOME LLC

ResMay 2021Closed

Jim Morrison Plumbing Inc

ExistresDec 2018Closed

Metro Heating & Cooling LLC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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~3,273 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 3,273 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4329 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JESSICA N LOPER/JAMES W LEE	RESIDENTIAL-TWO UNIT	$403,200	50 ft
4321 BLOOMINGTON AVE MINNEAPOLIS MN 55407	DAYHNA PAMELA MARTI OJEDA	RESIDENTIAL	$311,700	50 ft
4333 BLOOMINGTON AVE MINNEAPOLIS MN 55407	E JAKES & K HANNAGAN	RESIDENTIAL-TWO UNIT	$399,000	100 ft
4317 BLOOMINGTON AVE MINNEAPOLIS MN 55407	K M FULTON & C A STRECKER	RESIDENTIAL	$315,400	100 ft
4324 16TH AVE S MINNEAPOLIS MN 55407	KENNETH A HOLT	RESIDENTIAL	$349,500	135 ft
4320 16TH AVE S MINNEAPOLIS MN 55407	M E HEITKE & S J HEITKE	RESIDENTIAL	$414,000	144 ft
4328 16TH AVE S MINNEAPOLIS MN 55407	DIANE D THOLE	RESIDENTIAL	$355,400	144 ft
4337 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JAMES WELCK	RESIDENTIAL-TWO UNIT	$410,500	150 ft
4313 BLOOMINGTON AVE MINNEAPOLIS MN 55407	KELLY E LEE	RESIDENTIAL-TWO UNIT	$398,900	150 ft
4316 16TH AVE S MINNEAPOLIS MN 55407	J GHENTS & B BOUDREAUX	RESIDENTIAL	$302,800	168 ft

Property History

Most Recent Sale

Date201810

Price$200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,310