3932 RICHFIELD RD MINNEAPOLIS MN 55410

PID: 0802824110043

Property Overview

Parcel ID0802824110043

Lot Size9,292 sq ft (0.213 ac)

Lot Dimensions (est.)132 ft wide × 70 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerANAT SHINAR & SAMUEL BAKER

Assessed Value$873,000

Land Value$450,000

Building Value$423,000

Annual Tax$14,768

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $113K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

Perfection Heating and Air Conditioning Inc

RemodelJan 2025Final Inspection

$85K

REVOLUTION DESIGN AND BUILD

ResJan 2025Closed

Stewart Plumbing Inc

MiscNov 2024Closed

$28K

Iconic Construction LLC

ExistresJan 2019Closed

Standard Heating and Air Conditioning Inc

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width75 ft

Buildable depth69 ft

Area~5,238 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 3-story wood frame (5–12 units) benchmarks for 5,238 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3940 RICHFIELD RD MINNEAPOLIS MN 55410	WEIST TRUST	RESIDENTIAL	$874,000	68 ft
3928 RICHFIELD RD MINNEAPOLIS MN 55410	S J MALCY & JAY P SHAEFER	RESIDENTIAL	$652,700	80 ft
3933 SHERIDAN AVE S MINNEAPOLIS MN 55410	JOHN A MUELLER	RESIDENTIAL	$492,100	103 ft
3937 SHERIDAN AVE S MINNEAPOLIS MN 55410	JOSEPH D CROSS	RESIDENTIAL	$502,300	110 ft
2514 40TH ST W MINNEAPOLIS MN 55410	PAUL GOTLIEB & LINDA GOTLIEB	RESIDENTIAL	$630,300	117 ft
3926 RICHFIELD RD MINNEAPOLIS MN 55410	JAMES SCHMIDT	RESIDENTIAL	$496,000	118 ft
2508 40TH ST W MINNEAPOLIS MN 55410	Z CEELEY & L CHRISTENSEN	RESIDENTIAL	$529,000	124 ft
2504 40TH ST W MINNEAPOLIS MN 55410	J & J BERTHIAUME	RESIDENTIAL	$770,900	137 ft
3927 SHERIDAN AVE S MINNEAPOLIS MN 55410	ADAM MARCUS VERHASSELT ET AL	RESIDENTIAL	$830,700	153 ft
2520 40TH ST W MINNEAPOLIS MN 55410	WEST 40TH ST HOMESTEAD TRUST	RESIDENTIAL	$504,000	160 ft

Property History

Most Recent Sale

Date202208

Price$901,250

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,768