4200 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924120066

Property Overview

Parcel ID0502924120066

Lot Size5,937 sq ft (0.136 ac)

Lot Dimensions (est.)128 ft wide × 46 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerTIM GORMAN & LAURA STACK

Assessed Value$363,000

Land Value$64,000

Building Value$299,000

Annual Tax$5,713

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $21K total declared value · Most recent: Aug 2024 (addition)

AdditionAug 2024Closed

$3K

Mill City Concrete and Masonry Inc

MiscAug 2021Closed

$4K

HOFFMAN WEBER CONSTRUCTION INC

ResApr 2018Closed

CenterPoint Energy Resource Corp

RemodelJan 2017Cancelled

$14K

CREW2 INC

ResJan 2017Closed

Sowada & Barna Plumbing LLC

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width115 ft

Buildable depth6 ft

Area~2,936 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 2,936 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4206 WASHBURN AVE N MINNEAPOLIS MN 55412	M J HADLEY & S J HADLEY	RESIDENTIAL	$339,600	49 ft
4210 WASHBURN AVE N MINNEAPOLIS MN 55412	H WALLACE & M WALLACE	RESIDENTIAL	$268,600	99 ft
4146 WASHBURN AVE N MINNEAPOLIS MN 55412	M JANNING/K JANNING ET AL	RESIDENTIAL	$294,100	108 ft
4201 VINCENT AVE N MINNEAPOLIS MN 55412	K BACKMAN & A KOLLASCH	RESIDENTIAL	$264,500	142 ft
4214 WASHBURN AVE N MINNEAPOLIS MN 55412	KATHLEEN M TREMBLAY	RESIDENTIAL	$347,700	148 ft
4207 VINCENT AVE N MINNEAPOLIS MN 55412	DORIS E YOUNG & CRAIG YOUNG	RESIDENTIAL	$320,900	150 ft
4142 WASHBURN AVE N MINNEAPOLIS MN 55412	B R MELAND & E G MELAND	RESIDENTIAL	$333,600	157 ft
4211 VINCENT AVE N MINNEAPOLIS MN 55412	S B LITTLE & M J LITTLE	RESIDENTIAL	$406,400	172 ft
4147 VINCENT AVE N MINNEAPOLIS MN 55412	P BYRNES & MEGHAN MATHISON	RESIDENTIAL	$377,000	180 ft
4201 WASHBURN AVE N MINNEAPOLIS MN 55412	S C CHAPMAN & J T WIGHT	RESIDENTIAL	$295,100	187 ft

Property History

Most Recent Sale

Date199908

Price$143,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,713