4737 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 1402824110169

Property Overview

Parcel ID1402824110169

Lot Size4,920 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerCHARLES RITT

Assessed Value$365,700

Land Value$160,000

Building Value$205,700

Annual Tax$7,080

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $25K total declared value · Most recent: Nov 2022 (misc)

MiscNov 2022Closed

$5K

CREW2 INC

RemodelApr 2020Closed

$10K

Charles G Ritt

ResMar 2020Closed

Crimson Copper LLC

ExistresMar 2020Closed

Ray N Welter Heating Co

RemodelDec 2018Closed

$6K

Safe Basements of MN

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 depth83 ft

Area~2,489 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 2,489 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
4741 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JOLLEEN VASILE & D F VASILE	RESIDENTIAL	$326,500	40 ft
4733 BLOOMINGTON AVE MINNEAPOLIS MN 55407	S KOHNSTAMM & B TRUBOWITZ	RESIDENTIAL	$359,600	40 ft
4745 BLOOMINGTON AVE MINNEAPOLIS MN 55407	FRANCIS ZAAVEDRA	RESIDENTIAL	$352,600	80 ft
4729 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MICHAEL F AYLWARD	RESIDENTIAL	$393,000	80 ft
4749 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ANNA BOST & ANDREW BOST	RESIDENTIAL	$377,500	120 ft
4725 BLOOMINGTON AVE MINNEAPOLIS MN 55407	BONITA K DARULA	RESIDENTIAL	$353,400	120 ft
4736 16TH AVE S MINNEAPOLIS MN 55407	BARBARA ANN ANGELO	RESIDENTIAL	$538,400	137 ft
4732 16TH AVE S MINNEAPOLIS MN 55407	E THOMAS SEXTON & K D O'HARA	RESIDENTIAL	$420,400	142 ft
4740 16TH AVE S MINNEAPOLIS MN 55407	EKERHOLM REVOCABLE INTER TR	RESIDENTIAL	$446,800	142 ft
4728 16TH AVE S MINNEAPOLIS MN 55407	HOFFMAN BOYEA & JOSIE BAUER	RESIDENTIAL	$441,300	158 ft

Property History

Most Recent Sale

Date201810

Price$260,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,080