215 98TH ST E BLOOMINGTON MN 55420

PID: 1502724420001· 1 field stubbed (see below)

Property Overview

Parcel ID1502724420001

Lot Size14,932 sq ft (0.343 ac)

Lot Dimensions (est.)122 ft wide × 123 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerKAREN J DRESCHER

Assessed Value$264,700

Land Value$109,000

Building Value$155,700

Annual Tax$3,646

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 rent1,199/mo

Renter-occupied43.6%

Median home value$287K

Vacancy rate0.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 253.02

Market Snapshot

Zip code 55420

Median sale price$345K-2.3% YoY

Median price / sqft$195/sqft

Median days to close23 days

Active listings17

Source: Redfin Data Center (Invalid Date) · Zip 55420

Zoning

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

Property History

Most Recent Sale

Date197902

Price$52,900

Type—

Current Tax Year

Year2026

Tax Due$3,646

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
9804 3RD AVE S BLOOMINGTON MN 55420	J G LOGAN & B L LOGAN	RESIDENTIAL	$252,900	121 ft
9801 2ND AVE S BLOOMINGTON MN 55420	RONALD R KVAMME	RESIDENTIAL	$257,800	127 ft
9801 3RD AVE S BLOOMINGTON MN 55420	TARA ALEXANDRIA GRIMMER	RESIDENTIAL	$331,500	167 ft
9805 2ND AVE S BLOOMINGTON MN 55420	ELKE C NORRIS	RESIDENTIAL	$266,500	176 ft
9807 3RD AVE S BLOOMINGTON MN 55420	DOROTHY REKOW MCDANIEL	VACANT LAND-RESIDENTIAL	$39,300	223 ft
9808 3RD AVE S BLOOMINGTON MN 55420	EDGAR CASTANEDA	RESIDENTIAL	$292,000	240 ft
315 98TH ST E BLOOMINGTON MN 55420	DOROTHY REKOW MCDANIEL	RESIDENTIAL	$232,200	259 ft
9809 2ND AVE S BLOOMINGTON MN 55420	P A MIESELER/D P MIESELER	RESIDENTIAL	$313,700	272 ft
9771 3RD AVE S BLOOMINGTON MN 55420	NOMAN AHMAD	TOWNHOUSE	$350,400	278 ft
9751 3RD AVE S BLOOMINGTON MN 55420	AKOLADE GBADAMOSI	TOWNHOUSE	$330,200	282 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.