4001 SHERIDAN AVE N MINNEAPOLIS MN 55412

PID: 0502924140130

Property Overview

Parcel ID0502924140130

Lot Size5,053 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJASMINE BURBANK

Assessed Value$275,200

Land Value$47,000

Building Value$228,200

Annual Tax$3,918

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

Ray N Welter Heating Co

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 width114 ft

Buildable depth0 ft

Area~2,330 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,330 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4007 SHERIDAN AVE N MINNEAPOLIS MN 55412	IAN W TAYLOR	RESIDENTIAL	$295,900	40 ft
4011 SHERIDAN AVE N MINNEAPOLIS MN 55412	MATTHEW BRYAN BERGLOFF	RESIDENTIAL	$373,000	80 ft
3957 SHERIDAN AVE N MINNEAPOLIS MN 55412	A E BLAU & E BLAU	RESIDENTIAL	$230,800	103 ft
4015 SHERIDAN AVE N MINNEAPOLIS MN 55412	S DANGER & T J SONQUIST	RESIDENTIAL	$250,200	120 ft
3955 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARILYN A BOREA	RESIDENTIAL	$284,000	139 ft
4000 THOMAS AVE N MINNEAPOLIS MN 55412	M P MCDONOUGH ET AL W/L EST	RESIDENTIAL-TWO UNIT	$312,400	140 ft
4006 THOMAS AVE N MINNEAPOLIS MN 55412	ALICIA B LOSIER	RESIDENTIAL	$162,500	146 ft
4019 SHERIDAN AVE N MINNEAPOLIS MN 55412	ALEXANDER BERRE & KAYLA KANE	RESIDENTIAL	$240,400	160 ft
4010 THOMAS AVE N MINNEAPOLIS MN 55412	FRONK REAL ESTATE LLC	RESIDENTIAL	$286,000	162 ft
3951 SHERIDAN AVE N MINNEAPOLIS MN 55412	DYSHAWN KIANNA HAGER	RESIDENTIAL	$282,000	180 ft

Property History

Most Recent Sale

Date202507

Price$252,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,918