4041 MORRILL LA MINNEAPOLIS MN 55406

PID: 0802823230034

Property Overview

Parcel ID0802823230034

Lot Size6,216 sq ft (0.143 ac)

Lot Dimensions (est.)64 ft wide × 97 ft deep

Year Built1965

Property ClassRESIDENTIAL

OwnerKINSHUK SAHAYA

Assessed Value$564,000

Land Value$314,000

Building Value$250,000

Annual Tax$8,956

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $63K total declared value · Most recent: May 2023 (res)

ResMay 2023Closed

All Climate Mechanical LLC

ExistresFeb 2023Closed

All Climate Mechanical LLC

ResFeb 2023Closed

M and S Plumbing Inc

RemodelFeb 2023Closed

$50K

S AND D GARAGE DOOR AND REMODELING CO

MiscJul 2019Closed

$13K

TWIN CITIES SIDING PROFESSIONALS

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 width51 ft

Buildable depth57 ft

Area~1,847 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 1,847 sqft buildable area.

Est. units

Yield on cost

1.3%

Spread

-4.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4706 NORTHROP DR MINNEAPOLIS MN 55406	J W OMAN & M S MANNING	RESIDENTIAL	$480,900	60 ft
4027 MORRILL LA MINNEAPOLIS MN 55406	JAN E ADAMS	RESIDENTIAL	$564,000	105 ft
4712 NORTHROP DR MINNEAPOLIS MN 55406	THERESE M PAUTZ TRUST	RESIDENTIAL	$616,500	119 ft
4707 FOLWELL DR MINNEAPOLIS MN 55406	J A WILSON & M A TERHAAR	RESIDENTIAL	$589,600	138 ft
4040 MORRILL LA MINNEAPOLIS MN 55406	KERRY J MACINNES	RESIDENTIAL	$466,400	143 ft
4701 NORTHROP DR MINNEAPOLIS MN 55406	CATHERINE SWOPE/SCOTT OLSON	RESIDENTIAL	$597,100	145 ft
4046 MORRILL LA MINNEAPOLIS MN 55406	KATHRYN R FERGUSON	RESIDENTIAL	$500,300	151 ft
4034 MORRILL LA MINNEAPOLIS MN 55406	MARY KATHRYN JENSEN	RESIDENTIAL	$526,000	157 ft
4718 NORTHROP DR MINNEAPOLIS MN 55406	C S WHITE & J B WHITE	RESIDENTIAL	$587,700	179 ft
4715 NORTHROP DR MINNEAPOLIS MN 55406	B E FORISHA & T M CLARKSON	RESIDENTIAL	$577,300	179 ft

Property History

Most Recent Sale

Date202301

Price$509,950

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,956