NOT LISTED FOR SALE

1820 4th Ave S Minneapolis, MN 55404

Stevens Square Neighborhood

Estimated Value: $282,000 - $385,000

0.15 Acre
$2,090,153 Price per Acre
6,534 Sq Ft Lot

Last Sold October 19, 2023

Last sale price $270,000 $47 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,857/month

151 Days on Market

Highlights

  • No HOA
  • Partially Fenced Property
  • 5-minute walk to Stevens Square Park

About This Lot

As of October 2023

Prime redevelopment opportunity on this lot in South Minneapolis with DT view.Great location South off of E Franklin Ave and 4th Ave, close to bus lines & highway for optimal city living experience. Possibility to build 20-30 units. 0.5 miles to Minneapolis Convention Center. This lot is Zoned C1, Neighborhood Commercial District, previously had 8 unit multifamily building. Tons of potential for Mixed use, Multi-family, Retail, Office & other commercial uses. Fantastic spot in the middle of Stevens Square neighborhood. The Location does not require parking for residential multi-family. Easy access to 35W & I-94 makes this an ideal location for anyone looking for an easy commute to DT. Check w city on codes and ordinances. City funds might be available for future project.

Last Agent to Sell the Property

Tyana Pikalov

Bridge Realty, LLC Listed on: 05/06/2023

Bridge Realty, LLC

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,061

Lot Details

  • Lot Dimensions are 50x128x50x128
  • Partially Fenced Property
  • Wood Fence
  • Few Trees
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Steven's Square Loring Heigh Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2702924440046

Property Details

Property Type

Land

Est. Annual Taxes

$2,061

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic
  • BuilderRestrict: Open
  • Improvements: Curbs,Public Road,Sidewalks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey

Exterior Features

  • Fencing: Partial, Wood
  • Neighborhood: Steven's Square - Loring Heights

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 50x128x50x128
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Lot
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924440046
  • Tax Annual Amount: 2061
  • TaxWithAssessments: 2061.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Oct 19, 2023
Sold by
Alpha Commerce Llc
Bought by
Omo Llc
Seller's Agent
Tyana Pikalov
Bridge Realty, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$320,000
Sold Price
$270,000
Premium/Discount to List
-$50,000
-15.62%
Views
189
Current Estimated Value
$313,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,523
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Jul 25, 2017
Sold by
Tithe Investments Llc
Bought by
Alpha Commerce Llc

Purchase Details

Closed on
Jun 23, 2016
Sold by
B & V Properties Llc
Bought by
Tithe Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 27, 2013
Sold by
Grace Temple Deliverance Center
Bought by
B & V Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Omo Llc $270,000 Land Title
Alpha Commerce Llc $313,000 Partners Title Llc
Tithe Investments Llc $260,000 Fsa Title Services Llc
B & V Properties Llc $195,000 Commercial Partners Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tithe Investments Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $270,000 -10.0% $47 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $299,900 -6.3% $52 / Sq Ft
05/06/2023 05/06/23 For Sale $320,000 -- $55 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,334 $128,000 $128,000 --
2023 $2,047 $128,000 $128,000 $0
2022 $2,740 $128,000 $128,000 $0
2021 $2,061 $128,100 $128,000 $100
2020 $7,255 $305,000 $96,000 $209,000
2019 $6,316 $410,500 $96,000 $314,500
2018 $6,079 $348,000 $96,000 $252,000
2017 $7,197 $384,000 $98,900 $285,100
2016 $7,425 $384,000 $98,900 $285,100
2015 $6,056 $298,500 $98,900 $199,600
2014 -- $259,500 $82,400 $177,100
Source: Public Records

Agents Affiliated with this Home

  • Tyana Pikalov

    Seller's Agent in 2023

    Tyana Pikalov

    Bridge Realty, LLC

    (612) 564-5440

    1 in this area

    18 Total Sales

    Tyana Pikalov
    Section Image

  • N

    Buyer's Agent in 2023

    NON-RMLS NON-RMLS

    Non-MLS

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6365982

NorthstarMLS

APN: 27-029-24-44-0046

Minnesota Hennepin County Minneapolis 55404 Stevens Square

1820 4th Ave S, Minneapolis, MN

This home is located at 1820 4th Ave S, Minneapolis, MN 55404 since 06 May 2023 and is currently estimated at $313,523, approximately $54 per square foot. 1820 4th Ave S is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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