3958 SHERIDAN AVE N MINNEAPOLIS MN 55412

PID: 0502924410100

Property Overview

Parcel ID0502924410100

Lot Size4,285 sq ft (0.098 ac)

Lot Dimensions (est.)128 ft wide × 33 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJ J BENECKE & R B BENECKE

Assessed Value$237,100

Land Value$43,000

Building Value$194,100

Annual Tax$3,287

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $3K total declared value · Most recent: Jan 2024 (res)

ResJan 2024Closed

Urban Pine Plumbing and Mechanical Inc

AdditionJun 2018Closed

$3K

ASPHALT DRIVEWAY 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 depth0 ft

Area~1,802 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 1,802 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3954 SHERIDAN AVE N MINNEAPOLIS MN 55412	CHOU VANG	RESIDENTIAL	$256,600	37 ft
3950 SHERIDAN AVE N MINNEAPOLIS MN 55412	CITY OF LAKES COMM LAND TR	—	$345,000	77 ft
4000 SHERIDAN AVE N MINNEAPOLIS MN 55412	ANNICK MULLER	RESIDENTIAL	$127,800	103 ft
3946 SHERIDAN AVE N MINNEAPOLIS MN 55412	JOSE GUZMAN & BRIAN PETER	RESIDENTIAL	$362,000	117 ft
4006 SHERIDAN AVE N MINNEAPOLIS MN 55412	RICHARD SCHULZE	RESIDENTIAL	$165,800	143 ft
3955 RUSSELL AVE N MINNEAPOLIS MN 55412	R W MARTIN & A J MARTIN	RESIDENTIAL	$363,000	143 ft
3942 SHERIDAN AVE N MINNEAPOLIS MN 55412	LYNDA LYNNER	RESIDENTIAL	$187,600	157 ft
3951 RUSSELL AVE N MINNEAPOLIS MN 55412	DONNA M SELINE	RESIDENTIAL	$183,200	162 ft
4001 RUSSELL AVE N MINNEAPOLIS MN 55412	EDUARDO A REGALADO	RESIDENTIAL	$262,000	173 ft
4010 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARTIN ADAMS SHANNON MATHEWS	RESIDENTIAL	$253,600	183 ft

Property History

Most Recent Sale

Date202007

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,287