4006 XERXES AVE S MINNEAPOLIS MN 55410

PID: 0802824240002

Property Overview

Parcel ID0802824240002

Lot Size7,837 sq ft (0.180 ac)

Lot Dimensions (est.)135 ft wide × 58 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerBRYAN SEIPP & MOLLY BINGER

Assessed Value$593,200

Land Value$326,000

Building Value$267,200

Annual Tax$9,474

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $62K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

KJI Inc

ResDec 2024Closed

Salzer Plumbing LLC

RemodelDec 2024Closed

$20K

RONEL BUILDERS LLC

MiscMay 2024Closed

$12K

Assurance Construction Solutions LLC

ExistresMay 2021Closed

STAFFORD HOME SERVICE

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,497/mo

Renter-occupied23.6%

Median home value$666K

Vacancy rate2.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1098

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

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 width48 ft

Buildable depth95 ft

Area~4,564 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 4,564 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4012 XERXES AVE S MINNEAPOLIS MN 55410	STACY SCHULTZ/KATHRYN LEWIS	RESIDENTIAL	$686,500	58 ft
3105 40TH ST W MINNEAPOLIS MN 55410	ANN MULKERIN & GARY GOMEZ	RESIDENTIAL	$621,300	62 ft
4016 XERXES AVE S MINNEAPOLIS MN 55410	C MONTGOMERY & L MONTGOMERY	RESIDENTIAL	$632,900	126 ft
4007 YORK AVE S MINNEAPOLIS MN 55410	J BACKOS & P BACKOS	RESIDENTIAL	$716,000	135 ft
4011 YORK AVE S MINNEAPOLIS MN 55410	J H SCHROEDER & D SCHROEDER	RESIDENTIAL	$660,500	147 ft
4001 YORK AVE S MINNEAPOLIS MN 55410	SAMPSON MCCALL RES TRUST	RESIDENTIAL	$1,230,300	148 ft
4017 YORK AVE S MINNEAPOLIS MN 55410	ANDREA KRISTINE MORTENSEN	RESIDENTIAL	$731,600	178 ft
4009 XERXES AVE S MINNEAPOLIS MN 55410	T W WALSH & C J WALSH	RESIDENTIAL	$824,000	200 ft
4005 XERXES AVE S MINNEAPOLIS MN 55410	M C SKAROHLID & N MCCUE	RESIDENTIAL	$963,700	202 ft
3950 XERXES AVE S MINNEAPOLIS MN 55410	J H RINKLEFF & L DUMA	RESIDENTIAL	$484,900	203 ft

Property History

Most Recent Sale

Date202101

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,474