4720 BLOOMINGTON AVE MINNEAPOLIS MN 55407

PID: 1402824120182

Property Overview

Parcel ID1402824120182

Lot Size4,915 sq ft (0.113 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerJESSICA M HALTER

Assessed Value$358,300

Land Value$160,000

Building Value$198,300

Annual Tax$5,326

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $30K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$10K

HOFFMAN WEBER CONSTRUCTION INC

MiscApr 2021Closed

$15K

HOFFMAN WEBER CONSTRUCTION INC

ExistresJul 2019Closed

Airic's Heating & Air Conditioning Inc

MiscJun 2019Closed

$6K

HOFFMAN WEBER CONSTRUCTION INC

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~2,486 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 2,486 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
4716 BLOOMINGTON AVE MINNEAPOLIS MN 55407	STEPHANIE COLEMAN	RESIDENTIAL	$375,500	40 ft
4724 BLOOMINGTON AVE MINNEAPOLIS MN 55407	GUOWU XU & JIE XU	RESIDENTIAL-TWO UNIT	$397,200	40 ft
4712 BLOOMINGTON AVE MINNEAPOLIS MN 55407	H BROOKS & N MICHAEL	RESIDENTIAL	$314,800	80 ft
4728 BLOOMINGTON AVE MINNEAPOLIS MN 55407	R D STROMMEN & J M PEACOCK	RESIDENTIAL	$405,500	80 ft
4708 BLOOMINGTON AVE MINNEAPOLIS MN 55407	A P NELSON & E M NELSON	RESIDENTIAL	$303,100	120 ft
4732 BLOOMINGTON AVE MINNEAPOLIS MN 55407	J C GEHLER & N C GEHLER	RESIDENTIAL	$371,800	120 ft
4719 15TH AVE S MINNEAPOLIS MN 55407	G C BAILEY & A E SPICHER	RESIDENTIAL	$361,400	136 ft
4723 15TH AVE S MINNEAPOLIS MN 55407	C BLACKSHER & E BLACKSHER	RESIDENTIAL	$390,400	142 ft
4715 15TH AVE S MINNEAPOLIS MN 55407	SCOTT & BRENDA GROENKE	RESIDENTIAL	$452,400	142 ft
4727 15TH AVE S MINNEAPOLIS MN 55407	M J WILEY & J W OSLUND	RESIDENTIAL	$400,300	158 ft

Property History

Most Recent Sale

Date200908

Price$229,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,326