3958 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924420198

Property Overview

Parcel ID0502924420198

Lot Size4,413 sq ft (0.101 ac)

Lot Dimensions (est.)130 ft wide × 34 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerJASON MUMME

Assessed Value$344,300

Land Value$58,000

Building Value$286,300

Annual Tax$5,064

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $23K total declared value · Most recent: May 2019 (res)

ResMay 2019Closed

BENJAMIN FRANKLIN PLUMBING

RemodelNov 2018Closed

$23K

LIVE WIRE ELECTRICAL SERVICES 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 width117 ft

Buildable depth0 ft

Area~1,887 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 1,887 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3954 WASHBURN AVE N MINNEAPOLIS MN 55412	BOBBIE S OLSON	RESIDENTIAL	$227,300	37 ft
3950 WASHBURN AVE N MINNEAPOLIS MN 55412	KATHERINE HOLUB	RESIDENTIAL	$306,700	77 ft
4000 WASHBURN AVE N MINNEAPOLIS MN 55412	VICKY A POE	RESIDENTIAL	$337,100	105 ft
3946 WASHBURN AVE N MINNEAPOLIS MN 55412	DEBRA A DETLOFF	RESIDENTIAL	$234,600	117 ft
3959 VINCENT AVE N MINNEAPOLIS MN 55412	AMANDA J STOLLE/ERIC J VOGEL	RESIDENTIAL	$278,700	143 ft
3955 VINCENT AVE N MINNEAPOLIS MN 55412	JAMES VAN HALL ET AL	RESIDENTIAL	$299,800	148 ft
4006 WASHBURN AVE N MINNEAPOLIS MN 55412	P A KLUMPP & J L KLUMPP	RESIDENTIAL	$389,200	148 ft
3942 WASHBURN AVE N MINNEAPOLIS MN 55412	IRENE GARDNER	RESIDENTIAL	$234,500	157 ft
3951 VINCENT AVE N MINNEAPOLIS MN 55412	SANDRA HERRERA	RESIDENTIAL	$250,500	164 ft
4001 VINCENT AVE N MINNEAPOLIS MN 55412	KRISTI LYNN ROUP	RESIDENTIAL	$364,900	178 ft

Property History

Most Recent Sale

Date201610

Price$235,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,064