3818 WAVELAND TER MINNEAPOLIS MN 55410

PID: 0802824320189

Property Overview

Parcel ID0802824320189

Lot Size10,052 sq ft (0.231 ac)

Lot Dimensions (est.)134 ft wide × 75 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerPETER ELSHAM & LEAH ELSHAM

Assessed Value$771,200

Land Value$290,000

Building Value$481,200

Annual Tax$12,841

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2005 · $269K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$9K

COTY CONSTRUCTION AND REMODELING

ResJul 2017Closed

Linn Star Transfer Inc

Building Re-inspectionNov 2005

$260K

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

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width119 ft

Buildable depth35 ft

Area~5,080 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 5,080 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
4237 FRANCE AVE S MINNEAPOLIS MN 55416	CHAD ARNO GERMANN	RESIDENTIAL	$952,000	68 ft
4233 FRANCE AVE S MINNEAPOLIS MN 55416	D B ESPOSITO & J WILLIAMS	RESIDENTIAL	$532,300	112 ft
4229 FRANCE AVE S MINNEAPOLIS MN 55416	ADAM C WOLFE & LESLIE TOU	RESIDENTIAL	$1,015,600	157 ft
3821 WAVELAND TER MINNEAPOLIS MN 55410	A R HOFFMAN & L A HOFFMAN	RESIDENTIAL	$576,600	157 ft
3814 WAVELAND TER MINNEAPOLIS MN 55410	M M RYAN & O S HERFINDAL	RESIDENTIAL	$631,200	161 ft
3817 WAVELAND TER MINNEAPOLIS MN 55410	ALAN R OLSON	RESIDENTIAL	$513,500	161 ft
3825 WAVELAND TER MINNEAPOLIS MN 55410	RIBNICK LIVING TRUST	RESIDENTIAL	$424,800	167 ft
3813 WAVELAND TER MINNEAPOLIS MN 55410	JAMES MAHONEY & K MAHONEY	VACANT LAND-RESIDENTIAL	$2,000	174 ft
3815 WAVELAND TER MINNEAPOLIS MN 55410	JAMES MAHONEY & K MAHONEY	RESIDENTIAL	$521,500	177 ft
3831 WAVELAND TER MINNEAPOLIS MN 55410	BRYCE A JOHNSON ET AL	RESIDENTIAL	$612,600	180 ft

Property History

Most Recent Sale

Date202003

Price$690,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,841