3500 62ND AVE N BROOKLYN CENTER MN 55429

PID: 3411921430029· 1 field stubbed (see below)

Property Overview

Parcel ID3411921430029

Lot Size9,404 sq ft (0.216 ac)

Lot Dimensions (est.)145 ft wide × 65 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerMITCHELL AVILA/ZAIRA M AVILA

Assessed Value$294,300

Land Value$79,000

Building Value$215,300

Annual Tax$4,444

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 rent1,338/mo

Renter-occupied37.7%

Median home value$269K

Vacancy rate1.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 203.04

Market Snapshot

Zip code 55429

Median sale price$305K+2.4% YoY

Median price / sqft$166/sqft

Median days to close29 days

Active listings31

Source: Redfin Data Center (Invalid Date) · Zip 55429

Zoning

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

Property History

Most Recent Sale

Date202006

Price$240,000

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,444

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
6207 CHOWEN AVE N BROOKLYN CENTER MN 55429	DOREEN KALEMA	RESIDENTIAL	$272,700	75 ft
6200 BROOKLYN BLVD BROOKLYN CENTER MN 55429	ECO DEV AUTH/BROOKLYN CENTER	VACANT LAND-RESIDENTIAL	$0	131 ft
6213 CHOWEN AVE N BROOKLYN CENTER MN 55429	NAZNEEN H KHATOON ET AL	RESIDENTIAL	$292,300	155 ft
3507 62ND AVE N BROOKLYN CENTER MN 55429	PAULA A DIAZ	RESIDENTIAL	$258,800	165 ft
6206 BROOKLYN BLVD BROOKLYN CENTER MN 55429	KOUNG THOR & ALEX YANG	RESIDENTIAL	$266,600	171 ft
6142 BROOKLYN BLVD BROOKLYN CENTER MN 55429	DUC MINH TRUONG	RESIDENTIAL	$253,700	174 ft
3412 62ND AVE N BROOKLYN CENTER MN 55429	EXCEL PROPERTIES LLC	RESIDENTIAL	$271,000	195 ft
3501 62ND AVE N BROOKLYN CENTER MN 55429	DOREEN KALEMA	RESIDENTIAL	$250,400	197 ft
6206 CHOWEN AVE N BROOKLYN CENTER MN 55429	63RD LLC	RESIDENTIAL	$258,300	202 ft
6234 BROOKLYN BLVD BROOKLYN CENTER MN 55429	ECON DEVEL AUTH/BROOKLYN CTR	VACANT LAND-RESIDENTIAL	$0	224 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.