5949 XERXES AVE N BROOKLYN CENTER MN 55430

PID: 0311821110111· 1 field stubbed (see below)

Property Overview

Parcel ID0311821110111

Lot Size10,601 sq ft (0.243 ac)

Lot Dimensions (est.)137 ft wide × 77 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerXEE LAO

Assessed Value$237,000

Land Value$75,100

Building Value$161,900

Annual Tax$3,383

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,338/mo

Renter-occupied37.7%

Median home value$269K

Vacancy rate1.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 203.04

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date201611

Price$158,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,383

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5943 XERXES AVE N BROOKLYN CENTER MN 55430	ERIC PLEMEL & ERIN PLEMEL	RESIDENTIAL	$246,900	78 ft
6001 XERXES AVE N BROOKLYN CENTER MN 55430	MILENA L ALVARRACIN MOROCHO	RESIDENTIAL	$324,100	136 ft
5948 YORK AVE N BROOKLYN CENTER MN 55429	MERANDA GARCIA/CASSIE GARCIA	RESIDENTIAL	$247,500	136 ft
5937 XERXES AVE N BROOKLYN CENTER MN 55430	YOUA THAO LEE & TENG LEE	RESIDENTIAL	$225,300	155 ft
5942 YORK AVE N BROOKLYN CENTER MN 55429	J A REYNOLDS & E M REYNOLDS	RESIDENTIAL	$258,800	158 ft
6000 YORK AVE N BROOKLYN CENTER MN 55429	HARLAN R DAUDT	RESIDENTIAL	$266,700	189 ft
5936 YORK AVE N BROOKLYN CENTER MN 55429	O J JR & G C SIBRI	RESIDENTIAL	$291,900	208 ft
6007 XERXES AVE N BROOKLYN CENTER MN 55430	LUCY A HAYES	RESIDENTIAL	$248,400	212 ft
5948 XERXES AVE N BROOKLYN CENTER MN 55430	TERRY M OLSON	RESIDENTIAL	$251,900	214 ft
5942 XERXES AVE N BROOKLYN CENTER MN 55430	FORD ROYER	RESIDENTIAL	$245,900	227 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.