3700 12TH AVE S MINNEAPOLIS MN 55407

PID: 0202824340213

Property Overview

Parcel ID0202824340213

Lot Size3,302 sq ft (0.076 ac)

Lot Dimensions (est.)80 ft wide × 41 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerJ A LIVESEY & C R VORLICEK

Assessed Value$419,400

Land Value$73,000

Building Value$346,400

Annual Tax$6,345

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2016 · $54K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$14K

Rocket Renovation

ResDec 2017Closed

CENTERPOINT ENERGY

ExistresJul 2017Closed

Ray N Welter Heating Co

ExistresJan 2017Closed

RTS Mechanical LLC

ResJan 2017Closed

H and H Plumbing

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 96

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width67 ft

Buildable depth1 ft

Area~1,126 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 1,126 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3704 12TH AVE S MINNEAPOLIS MN 55407	H INGHAM & P MCNATTIN	RESIDENTIAL	$275,400	45 ft
1115 37TH ST E MINNEAPOLIS MN 55407	Z PEARBERG & O PEARBERG	RESIDENTIAL	$152,600	61 ft
3708 12TH AVE S MINNEAPOLIS MN 55407	O G CROZIER & K E MCMAHON	RESIDENTIAL	$215,600	84 ft
3712 12TH AVE S MINNEAPOLIS MN 55407	EMILY BAIL/ROBERT C KING III	RESIDENTIAL	$360,000	123 ft
3701 11TH AVE S MINNEAPOLIS MN 55407	ROMAWATEE RAGOONANAN	RESIDENTIAL	$374,700	156 ft
3705 11TH AVE S MINNEAPOLIS MN 55407	ROMAWATEE RAGOONANAN	RESIDENTIAL	$222,500	161 ft
3716 12TH AVE S MINNEAPOLIS MN 55407	PAUL L MERRELL TRUST	RESIDENTIAL	$262,200	162 ft
3709 11TH AVE S MINNEAPOLIS MN 55407	CALEB J MAAS & MEGGIE C MAAS	RESIDENTIAL	$215,700	175 ft
3701 12TH AVE S MINNEAPOLIS MN 55407	A MCCLURE & K P MCCLURE	RESIDENTIAL	$245,000	181 ft
3705 12TH AVE S MINNEAPOLIS MN 55407	KATHERINE H JONES	RESIDENTIAL	$271,600	188 ft

Property History

Most Recent Sale

Date201705

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,345