3821 WAVELAND TER MINNEAPOLIS MN 55410

PID: 0802824320117

Property Overview

Parcel ID0802824320117

Lot Size5,851 sq ft (0.134 ac)

Lot Dimensions (est.)114 ft wide × 52 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerA R HOFFMAN & L A HOFFMAN

Assessed Value$576,600

Land Value$295,000

Building Value$281,600

Annual Tax$9,161

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2006 · $124K total declared value · Most recent: May 2026 (misc)

MiscMay 2026Final Inspection

$17K

LIBERTE CONSTRUCTION LLC

MiscApr 2023Closed

$32K

HOFFMAN WEBER CONSTRUCTION INC

ExistresMay 2018Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResNov 2017Closed

MN PLUMBING AND APPLIANCES

Building Re-inspectionJan 2006

$75K

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

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 width37 ft

Buildable depth84 ft

Area~3,127 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 3,127 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3817 WAVELAND TER MINNEAPOLIS MN 55410	ALAN R OLSON	RESIDENTIAL	$513,500	47 ft
3825 WAVELAND TER MINNEAPOLIS MN 55410	RIBNICK LIVING TRUST	RESIDENTIAL	$424,800	47 ft
3815 WAVELAND TER MINNEAPOLIS MN 55410	JAMES MAHONEY & K MAHONEY	RESIDENTIAL	$521,500	94 ft
3814 COLGATE AVE MINNEAPOLIS MN 55410	JASON HORN & E M DUMAS	RESIDENTIAL	$847,000	98 ft
3831 WAVELAND TER MINNEAPOLIS MN 55410	BRYCE A JOHNSON ET AL	RESIDENTIAL	$612,600	99 ft
3813 WAVELAND TER MINNEAPOLIS MN 55410	JAMES MAHONEY & K MAHONEY	VACANT LAND-RESIDENTIAL	$2,000	121 ft
3810 COLGATE AVE MINNEAPOLIS MN 55410	THOMAS F PINGATORE	RESIDENTIAL	$505,000	139 ft
3809 WAVELAND TER MINNEAPOLIS MN 55410	FIONA REYNOLDS ET AL	RESIDENTIAL	$653,700	143 ft
3818 WAVELAND TER MINNEAPOLIS MN 55410	PETER ELSHAM & LEAH ELSHAM	RESIDENTIAL	$771,200	157 ft
3806 COLGATE AVE MINNEAPOLIS MN 55410	D SWANSEN & L SWANSEN	RESIDENTIAL	$665,000	180 ft

Property History

Most Recent Sale

Date202012

Price$550,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,161