4356 XERXES AVE N MINNEAPOLIS MN 55412

PID: 0502924120221

Property Overview

Parcel ID0502924120221

Lot Size9,754 sq ft (0.224 ac)

Lot Dimensions (est.)128 ft wide × 76 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerA GOSTOMSKI-CARTER ET AL

Assessed Value$708,700

Land Value$123,000

Building Value$585,700

Annual Tax$11,596

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2012 · $182K total declared value · Most recent: Feb 2020 (existres)

ExistresFeb 2020Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

AdditionJan 2020Closed

$40K

Third Generation Builders

ResJan 2019Closed

CenterPoint Energy Resource Corp

ResDec 2017Closed

Hearth and Home Technologies LLC

ResNov 2017Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

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$247K+2.1% YoY

Median price / sqft$181/sqft

Median days to close30 days

Active listings80

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 depth36 ft

Area~5,544 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 5,544 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4350 XERXES AVE N MINNEAPOLIS MN 55412	CAROL J ROYALTY REVOC TRUST	RESIDENTIAL	$444,700	63 ft
4346 XERXES AVE N MINNEAPOLIS MN 55412	M G SMITH & S M SMITH	RESIDENTIAL	$387,700	119 ft
4355 WASHBURN AVE N MINNEAPOLIS MN 55412	DEBRA L MITCHELL	RESIDENTIAL	$525,000	140 ft
4349 WASHBURN AVE N MINNEAPOLIS MN 55412	HOMES FOR CASH LLC	RESIDENTIAL	$323,700	155 ft
4345 WASHBURN AVE N MINNEAPOLIS MN 55412	KRISTEN J SWANSON	RESIDENTIAL	$377,600	182 ft
4340 XERXES AVE N MINNEAPOLIS MN 55412	WILLIAM HALLBERG/ANNA GARCIA	RESIDENTIAL	$476,900	184 ft
4341 WASHBURN AVE N MINNEAPOLIS MN 55412	JEFFREY C HAWK	RESIDENTIAL	$277,200	217 ft
4334 XERXES AVE N MINNEAPOLIS MN 55412	RELINA L MALONE	RESIDENTIAL	$572,700	254 ft
4337 WASHBURN AVE N MINNEAPOLIS MN 55412	B A DRESSEL & C A DRESSEL	RESIDENTIAL	$343,600	258 ft
4356 WASHBURN AVE N MINNEAPOLIS MN 55412	JORDAN ZIMMERMAN	RESIDENTIAL	$299,300	297 ft

Property History

Most Recent Sale

Date200408

Price$441,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,596