8545 Penn Ave S Minneapolis, MN 55431
West Bloomington NeighborhoodEstimated payment $5,472/month
About This Lot
Shovel-ready development opportunity available. Plat and development plan approved for 15 townhome units by the city of Bloomington. --> Seller has removed existing structures and completed a rough grade of the lot. Sale includes 8525 + 8545 Penn Ave (PIDs: 04-027-24-33-0002 & 04-027-24-33-0001). Site comes with entitlement, all civil and architectural plans, survey and geotechnical report.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,057
Lot Details
- Lot Dimensions are 329 x 270 x 284 x 266
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0402724330001
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $2,057 | $140,800 | $140,800 | $0 |
| 2022 | $2,821 | $140,800 | $140,800 | $0 |
| 2021 | $3,919 | $160,200 | $160,200 | $0 |
| 2020 | $3,856 | $307,900 | $147,700 | $160,200 |
| 2019 | $3,705 | $294,400 | $147,700 | $146,700 |
| 2018 | $3,786 | $277,400 | $135,600 | $141,800 |
| 2017 | $3,273 | $240,000 | $131,900 | $108,100 |
| 2016 | $3,439 | $238,700 | $136,300 | $102,400 |
| 2015 | $3,521 | $234,800 | $133,900 | $100,900 |
| 2014 | -- | $211,900 | $129,800 | $82,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $995,000 | -13.5% | -- |
| 02/26/2025 02/26/25 | For Sale | $1,150,000 | +277.9% | -- |
| 12/19/2013 12/19/13 | Sold | $304,350 | -23.9% | $116 / Sq Ft |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- |
| 10/31/2013 10/31/13 | For Sale | $399,900 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Personal Reps Deed | $304,352 | North American Title | |
| Deed | $304,400 | -- |
Source: NorthstarMLS
MLS Number: 6641244
APN: 04-027-24-33-0001
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