4505 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 0802824430165

Property Overview

Parcel ID0802824430165

Lot Size5,648 sq ft (0.130 ac)

Lot Dimensions (est.)135 ft wide × 42 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerKARA COLLINS TRUST AGREEMENT

Assessed Value$854,600

Land Value$368,000

Building Value$486,600

Annual Tax$14,419

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2016 · $35K total declared value · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

SUNBURST HEATING AND AIR CONDITIONING INC

RemodelJan 2022Closed

$35K

RONEL BUILDERS LLC

ResJan 2022Closed

Salzer Plumbing LLC

ResMar 2019Closed

MN Plumbing & Home Services INC

ResMar 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

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 width32 ft

Buildable depth94 ft

Area~3,023 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 3,023 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4509 WASHBURN AVE S MINNEAPOLIS MN 55410	MARTHA JEAN GRIFFIN	RESIDENTIAL	$631,800	42 ft
4501 WASHBURN AVE S MINNEAPOLIS MN 55410	D GORDHAMER & J GORDHAMER	RESIDENTIAL-TWO UNIT	$666,300	43 ft
4513 WASHBURN AVE S MINNEAPOLIS MN 55410	NOLA F & DONALD M WHEELER JR	RESIDENTIAL	$572,600	84 ft
4517 WASHBURN AVE S MINNEAPOLIS MN 55410	EILEEN M SCHWAKE	RESIDENTIAL	$590,400	126 ft
4504 VINCENT AVE S MINNEAPOLIS MN 55410	DEREK SALZMAN & A SALZMAN	RESIDENTIAL	$713,500	135 ft
4500 VINCENT AVE S MINNEAPOLIS MN 55410	KIRK O KOLBO	RESIDENTIAL	$530,400	141 ft
4508 VINCENT AVE S MINNEAPOLIS MN 55410	ALLISON ROSE	RESIDENTIAL	$451,700	141 ft
4453 WASHBURN AVE S MINNEAPOLIS MN 55410	M P HOIUM & M L MAYNARD	RESIDENTIAL	$473,900	146 ft
4512 VINCENT AVE S MINNEAPOLIS MN 55410	J MEDNICK/P HOOGERVORST	RESIDENTIAL	$541,400	159 ft
4521 WASHBURN AVE S MINNEAPOLIS MN 55410	MARY L CAJACOB REVOCABLE TR	RESIDENTIAL	$627,300	167 ft

Property History

Most Recent Sale

Date200612

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,419