4500 41ST ST E MINNEAPOLIS MN 55406

PID: 0702823140016

Property Overview

Parcel ID0702823140016

Lot Size5,136 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerJ M SKORICH & V L CODY

Assessed Value$303,100

Land Value$141,000

Building Value$162,100

Annual Tax$4,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $17K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

ResOct 2021Closed

Warners Stellian Co Inc

ResAug 2018Closed

Piperight Plumbing Inc

ExistresAug 2018Closed

APPLIED ENERGY INNOVATIONS LLC

RemodelAug 2018Closed

$15K

WONDERWOMAN CONSTRUCTION LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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~10 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

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 10 sqft buildable area.

Est. units

Yield on cost

7.1%

Spread

+1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4053 45TH AVE S MINNEAPOLIS MN 55406	CARISA LAINE LERNER	RESIDENTIAL	$310,700	40 ft
4049 45TH AVE S MINNEAPOLIS MN 55406	K M DAVIS & A M DAVIS	RESIDENTIAL	$373,500	80 ft
4101 45TH AVE S MINNEAPOLIS MN 55406	A E WORTHINGHAM & A J WALBY	RESIDENTIAL	$313,400	96 ft
4045 45TH AVE S MINNEAPOLIS MN 55406	NORMAN FAMILY REV TRUST	RESIDENTIAL	$360,300	120 ft
4105 45TH AVE S MINNEAPOLIS MN 55406	MARK MATSON	RESIDENTIAL	$589,000	132 ft
4056 46TH AVE S MINNEAPOLIS MN 55406	MICHELLE D O'DEAN	RESIDENTIAL	$341,400	140 ft
4052 46TH AVE S MINNEAPOLIS MN 55406	D J CLAPSADDLE & R E KEIM	RESIDENTIAL	$296,400	146 ft
4041 45TH AVE S MINNEAPOLIS MN 55406	R & K GRAY	RESIDENTIAL	$399,400	160 ft
4048 46TH AVE S MINNEAPOLIS MN 55406	K JOHNSON, H & D JOHNSON	RESIDENTIAL	$294,200	163 ft
4109 45TH AVE S MINNEAPOLIS MN 55406	D S WALLACE & B B GLEEKEL	RESIDENTIAL	$374,100	171 ft

Property History

Most Recent Sale

Date199707

Price$103,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,421