9700 Penn Ave
Bloomington, MN 55431
6 bd 4 ba 2,688 sqft Built 1964 Lot 16,117 sqft multi_family
Most recent sale
$432,000
Jan 22, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 22, 2024 | Sold | $432,000 | NorthstarMLS |
| Dec 2, 2023 | Listed | $459,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $288,400 | $129,500 | $417,900 | $6,105 |
| 2023 | $288,800 | $126,700 | $415,500 | $5,920 |
| 2022 | $227,400 | $124,700 | $352,100 | $5,503 |
| 2021 | $199,500 | $107,700 | $307,200 | $4,744 |
| 2020 | $204,400 | $114,400 | $318,800 | $5,062 |
| 2019 | $154,300 | $107,900 | $262,200 | $4,245 |
| 2018 | $142,300 | $104,800 | $247,100 | $4,082 |
| 2017 | $147,500 | $96,900 | $244,400 | $4,052 |
| 2016 | $121,400 | $78,600 | $200,000 | $3,512 |
| 2015 | $120,400 | $77,400 | $197,800 | $3,612 |
| 2014 | $114,500 | $75,000 | $189,500 | $3,715 |
| 2013 | $105,500 | $75,700 | $181,200 | $3,417 |
| 2012 | $117,200 | $84,000 | $201,200 | $3,558 |
| 2011 | $120,800 | $93,300 | $214,100 | $3,611 |
| 2010 | $126,300 | $103,600 | $229,900 | $3,580 |
| 2009 | $151,300 | $115,100 | $266,400 | $3,836 |
| 2008 | $182,700 | $113,600 | $296,300 | $3,971 |
| 2007 | $177,600 | $101,200 | $278,800 | $3,763 |
Property facts
Year built
1964
Property type
multi_family
Stories
2
Beds
6
Baths
4
Living area
2,688 sqft
Lot size
16,117 sqft
ZIP code
55431
City
Bloomington
Street
Penn Ave
Coordinates
44.82873, -93.30921
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,032
Gross rental yield
11.20%
Implied cap rate
7.28%
Trend-extrapolated value
—
Frequently asked questions
When did 9700 Penn Ave last sell?
9700 Penn Ave most recently sold on Jan 22, 2024 for $432,000.
What is the current tax assessment for 9700 Penn Ave?
The most recent total assessment for 9700 Penn Ave (year 2024) is $417,900 with $6,105 in property tax.
How does 9700 Penn Ave's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $432,000.
When was 9700 Penn Ave built?
9700 Penn Ave was built in 1964.
How does 9700 Penn Ave compare to others on Penn Ave?
We track 8 other properties on Penn Ave. Browse the list under "Other properties on Penn Ave" to compare beds, baths, and sale history.
What are the property facts for 9700 Penn Ave?
9700 Penn Ave is a 6 bed, 4 bath, 2,688 sqft, 16,117 sqft lot multi_family.
Is 9700 Penn Ave a flip candidate?
No — 9700 Penn Ave does not appear in our flips dataset.
Is 9700 Penn Ave a tax-appeal candidate?
No — 9700 Penn Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.8%
Implied 1-yr
-19.1%
2026 Q3
$309.1K
2026 Q4
$287.7K
ZIP 55431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Ave