7539 ELLIOT AVE S RICHFIELD MN 55423

PID: 3502824310058· 1 field stubbed (see below)

Property Overview

Parcel ID3502824310058

Lot Size10,051 sq ft (0.231 ac)

Lot Dimensions (est.)134 ft wide × 75 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerLORI LOVELESS

Assessed Value$319,500

Land Value$131,000

Building Value$188,500

Annual Tax$4,511

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 rent1,101/mo

Renter-occupied53.7%

Median home value$302K

Vacancy rate8.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 248.02

Market Snapshot

Zip code 55423

Median sale price$348K-7.2% YoY

Median price / sqft$211/sqft

Median days to close32 days

Active listings40

Source: Redfin Data Center (Invalid Date) · Zip 55423

Zoning

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

Property History

Most Recent Sale

Date201606

Price$177,900

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,511

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.

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
7545 ELLIOT AVE S RICHFIELD MN 55423	AMELIA YAURINCELA TENECORA	RESIDENTIAL	$302,500	74 ft
7533 ELLIOT AVE S RICHFIELD MN 55423	LINDA J PORTER	RESIDENTIAL	$293,200	75 ft
7538 10TH AVE S RICHFIELD MN 55423	K SHANE & W M WOODHOUSE	RESIDENTIAL	$351,700	134 ft
7527 ELLIOT AVE S RICHFIELD MN 55423	D J FAIDLEY & C J FAIDLEY	RESIDENTIAL	$364,300	150 ft
7544 10TH AVE S RICHFIELD MN 55423	ARIANA VAZQUEZ	RESIDENTIAL	$330,200	152 ft
7532 10TH AVE S RICHFIELD MN 55423	NGHIEP V TRAN & TUAN T TRAN	RESIDENTIAL	$269,100	154 ft
7538 ELLIOT AVE S RICHFIELD MN 55423	K M & M E BRESETTE II	RESIDENTIAL	$321,500	193 ft
7526 10TH AVE S RICHFIELD MN 55423	G A KLEIN & L Y KLEIN	RESIDENTIAL	$377,700	201 ft
7532 ELLIOT AVE S RICHFIELD MN 55423	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$313,900	206 ft
7601 ELLIOT AVE S RICHFIELD MN 55423	ANGELA PRZEZDZIECKI	RESIDENTIAL	$298,100	206 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.