4523 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 1102824440026

Property Overview

Parcel ID1102824440026

Lot Size4,976 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL-TWO UNIT

OwnerJONATHAN MICHAEL BECKETT

Assessed Value$416,600

Land Value$130,000

Building Value$286,600

Annual Tax$7,882

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $28K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$20K

KAUFMAN SHEET METAL ROOFING INC

ExistresSep 2023Expired

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

MiscJun 2023Expired

$1K

CREW2 INC

ResJan 2022Closed

Erik Nelson Plumbing LLC

MiscJul 2020Closed

$1K

Jon Beckett

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 width30 ft

Buildable depth84 ft

Area~2,532 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 2,532 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4527 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JEFFREY V SPOHN	RESIDENTIAL-TWO UNIT	$458,400	50 ft
4535 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ADAM MELLION/SHANNON DOHERTY	RESIDENTIAL	$473,000	110 ft
4522 16TH AVE S MINNEAPOLIS MN 55407	CAROLYN JONES	RESIDENTIAL	$386,500	136 ft
4501 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ASBURY METH CHURCH	COMMERCIAL-PREFERRED	$0	137 ft
4516 16TH AVE S MINNEAPOLIS MN 55407	ROBERT SIMS & REBECCA SIMS	RESIDENTIAL	$374,900	142 ft
4526 16TH AVE S MINNEAPOLIS MN 55407	D A JOHNSON & M M FRANCEL	RESIDENTIAL	$453,600	142 ft
4514 16TH AVE S MINNEAPOLIS MN 55407	SETH T CHRISTMAN	RESIDENTIAL	$341,700	158 ft
4532 16TH AVE S MINNEAPOLIS MN 55407	HOLLY MASEK	RESIDENTIAL	$373,000	158 ft
4539 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ELIZABETH PROSNICK	RESIDENTIAL-TWO UNIT	$401,700	160 ft
4510 16TH AVE S MINNEAPOLIS MN 55407	SUNNY SHERMAN/SILVANA GROSS	RESIDENTIAL	$474,000	181 ft

Property History

Most Recent Sale

Date201102

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,882