7445 COLUMBUS AVE S RICHFIELD MN 55423

PID: 3502824320084· 1 field stubbed (see below)

Property Overview

Parcel ID3502824320084

Lot Size9,401 sq ft (0.216 ac)

Lot Dimensions (est.)132 ft wide × 71 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerA E MATHISON & K M MATHISON

Assessed Value$316,200

Land Value$124,500

Building Value$191,700

Annual Tax$4,490

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 rent1,101/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

Date201207

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,490

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
7439 COLUMBUS AVE S RICHFIELD MN 55423	OLIVER JAVIER ROMERO BONILLA	RESIDENTIAL	$312,500	73 ft
7501 COLUMBUS AVE S RICHFIELD MN 55423	JOHN BAJULA & STACY BAJULA	RESIDENTIAL	$303,200	132 ft
7444 CHICAGO AVE S RICHFIELD MN 55423	T DHANGSONG & L YANGKYI	RESIDENTIAL	$302,500	132 ft
7433 COLUMBUS AVE S RICHFIELD MN 55423	PETER J SMITH	RESIDENTIAL	$292,000	148 ft
7438 CHICAGO AVE S RICHFIELD MN 55423	GEORGIA L FEIST	RESIDENTIAL	$306,400	151 ft
7500 CHICAGO AVE S RICHFIELD MN 55423	P S RICHARDSON/D G DEARMOND	RESIDENTIAL	$361,400	186 ft
7444 COLUMBUS AVE S RICHFIELD MN 55423	KARA RIDDLE & PATRICK RIDDLE	RESIDENTIAL	$350,800	193 ft
7432 CHICAGO AVE S RICHFIELD MN 55423	JENNIFER BURKSTRAND	RESIDENTIAL	$326,800	199 ft
7509 COLUMBUS AVE S RICHFIELD MN 55423	JOEL R KRAM	RESIDENTIAL	$310,500	206 ft
7438 COLUMBUS AVE S RICHFIELD MN 55423	J G & D A NELSON	RESIDENTIAL	$412,700	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.