8545 Penn Ave S, Bloomington, MN 55431

--beds

--baths

1.88Acres

Unimproved Land

Built in ----

1.88 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Guided medium density zoned R-3 1.88 acre site in the heart of Bloomington. --> Could be townhomes, duplexes, triplexes, fourplexes, detached townhomes (villas) or cottage courts and a whole lot more! --> Prior approved site plan with access to 86th Street and Penn Avenue (emergency exit).

548 days
109
1

Facts & features

Interior

Features

Has basement: No

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Lot

Size: 1.88 Acres
Dimensions: 329 x 270 x 284 x 266
Topography: Level

Details

Parcel number: 0402724330001
Zoning description: Residential-Single Family

Utilities & green energy

Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Underground Utilities Available, Water Available, Water Connected

Community & HOA

Community

Features: No

HOA

Has HOA: No

Location

Region: Bloomington

Financial & listing details

Tax assessed value: $186,300
Annual tax amount: $2,057
Date on market: 2/26/2025
Inclusions: None
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$2,960/mo

Price history

Date	Event	Price
2/17/2026	Price change	$925,000-7%
Source: NorthstarMLS as distributed by MLS GRID #6641244 Report a problem
7/15/2025	Price change	$995,000-13.5%
Source: NorthstarMLS as distributed by MLS GRID #6641244 Report a problem
2/26/2025	Listed for sale	$1,150,000+277.9%
Source: NorthstarMLS as distributed by MLS GRID #6641244 Report a problem
3/1/2017	Listing removed	$1,595
Source: Zillow Rental Manager Report a problem
2/9/2017	Listed for rent	$1,595
Source: Zillow Rental Manager Report a problem
12/19/2013	Sold	$304,350
Source: NorthstarMLS as distributed by MLS GRID #4426676 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,550 +24%	$186,300 +15.4%
2024	$2,057 +2.5%	$161,400 +14.6%
2023	$2,006 -28.9%	$140,800
2022	$2,821 -28%	$140,800 -12.1%
2021	$3,919 +1.6%	$160,200 -48%
2020	$3,856 -1.6%	$307,900 +4.6%
2019	$3,919 +1.6%	$294,400 +6.1%
2018	$3,856 +1.8%	$277,400 +15.6%
2017	$3,786 +15.7%	$240,000 +0.5%
2016	$3,273 -4.8%	$238,700 +1.7%
2015	$3,439 -2.3%	$234,800 +10.8%
2014	$3,521 +3.4%	$211,900 -3.6%
2013	$3,406 -1.1%	$219,900 -7.2%
2012	$3,443 +2.4%	$237,000 -2.5%
2011	$3,362 -2.9%	$243,000 -13.2%
2010	$3,462 +1.1%	$280,000 -6%
2009	$3,426 +14.8%	$297,900 +9.6%
2006	$2,984 +12.8%	$271,900 +15%
2005	$2,645 +11.2%	$236,500 +15%
2004	$2,380 +15.3%	$205,700 +12%
2002	$2,065 -37.1%	$183,700
2001	$3,284	--