3850 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924420028

Property Overview

Parcel ID0502924420028

Lot Size5,421 sq ft (0.124 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerDAWN PETERSON

Assessed Value$261,600

Land Value$65,000

Building Value$196,600

Annual Tax$3,693

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $25K total declared value · Most recent: Mar 2026 (existres)

ExistresMar 2026Inspection

Northern One Hour Heating & Air Conditioning, Inc

MiscAug 2024Closed

$16K

CUSTOM REMODELERS LLC

MiscOct 2023Closed

$10K

LEGACY RESTORATION LLC

ExistresAug 2022Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

ResDec 2021Closed

Paul Bunyan 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth86 ft

Area~2,844 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 2,844 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
3854 WASHBURN AVE N MINNEAPOLIS MN 55412	KENT M NYGAARD	RESIDENTIAL	$325,400	42 ft
3846 WASHBURN AVE N MINNEAPOLIS MN 55412	DAVID STEMPER	RESIDENTIAL	$325,700	43 ft
3842 WASHBURN AVE N MINNEAPOLIS MN 55412	ROYAL T MOMBERGER	RESIDENTIAL	$317,000	85 ft
3838 WASHBURN AVE N MINNEAPOLIS MN 55412	KRISTINA SIGLER	RESIDENTIAL	$327,300	128 ft
3851 VINCENT AVE N MINNEAPOLIS MN 55412	GENNAE FALCONER	RESIDENTIAL	$298,300	141 ft
3855 VINCENT AVE N MINNEAPOLIS MN 55412	MARCUS ALEXANDER FELS	RESIDENTIAL	$185,800	147 ft
3847 VINCENT AVE N MINNEAPOLIS MN 55412	JUSTIN ANSCHUTZ	RESIDENTIAL	$272,800	148 ft
3900 WASHBURN AVE N MINNEAPOLIS MN 55412	DEBRA RAE BOERNER	RESIDENTIAL	$485,000	150 ft
3843 VINCENT AVE N MINNEAPOLIS MN 55412	NICHOLAS SOUHLERIS	RESIDENTIAL	$270,000	166 ft
3834 WASHBURN AVE N MINNEAPOLIS MN 55412	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$383,000	170 ft

Property History

Most Recent Sale

Date201304

Price$90,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,693