10116 1ST AVE S BLOOMINGTON MN 55420

PID: 1502724430010· 1 field stubbed (see below)

Property Overview

Parcel ID1502724430010

Lot Size15,753 sq ft (0.362 ac)

Lot Dimensions (est.)132 ft wide × 119 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerSAMUEL J DAVIS

Assessed Value$260,900

Land Value$120,700

Building Value$140,200

Annual Tax$3,318

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Date198105

Price$55,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,318

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
10 102ND ST E BLOOMINGTON MN 55420	SCB2 PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$422,100	117 ft
10112 1ST AVE S BLOOMINGTON MN 55420	ANDREW A REICH & PING JIN	RESIDENTIAL	$282,200	119 ft
10117 NICOLLET AVE S BLOOMINGTON MN 55420	N D PETRICKA & E E QUIROZ	RESIDENTIAL	$345,800	132 ft
10113 NICOLLET AVE S BLOOMINGTON MN 55420	DANIEL J MOLITOR	RESIDENTIAL	$242,500	178 ft
10121 NICOLLET AVE S BLOOMINGTON MN 55420	CRAIG JACOBSEN	RESIDENTIAL	$291,300	179 ft
10117 1ST AVE S BLOOMINGTON MN 55420	HSG/RED AUTH IN/CTY BLOOMING	VACANT LAND-RESIDENTIAL	$0	193 ft
10113 1ST AVE S BLOOMINGTON MN 55420	V H WANGERIN & I V WANGERIN	RESIDENTIAL	$267,100	226 ft
10121 1ST AVE S BLOOMINGTON MN 55420	LESLIE E HAUGE	RESIDENTIAL	$254,900	227 ft
10108 1ST AVE S BLOOMINGTON MN 55420	K B MCCRARY & S M MCCRARY	RESIDENTIAL	$392,100	238 ft
10109 NICOLLET AVE S BLOOMINGTON MN 55420	CHAD E NELSON	RESIDENTIAL	$242,300	272 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.