4021 GARFIELD AVE MINNEAPOLIS MN 55409

PID: 1002824230090

Property Overview

Parcel ID1002824230090

Lot Size5,213 sq ft (0.120 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerNICOLE U VAUGHN

Assessed Value$525,300

Land Value$186,000

Building Value$339,300

Annual Tax$8,220

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2023 · $580K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

FIRESIDE HEARTH AND HOME

ExistresJan 2024Closed

TEAM MECHANICAL INC

ExistresJan 2024Closed

TEAM MECHANICAL INC

ResNov 2023Closed

Sieben Plumbing LLC

RemodelOct 2023Closed

$530K

COLLEGE CITY DESIGN BUILD INC

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

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 width30 ft

Buildable depth90 ft

Area~2,710 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 2,710 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4025 GARFIELD AVE MINNEAPOLIS MN 55409	DONALD P MURRAY	RESIDENTIAL	$538,500	40 ft
4017 GARFIELD AVE MINNEAPOLIS MN 55409	M M KRLJIC & A P ZUEGE	RESIDENTIAL	$485,100	40 ft
4029 GARFIELD AVE MINNEAPOLIS MN 55409	C N CORNEJO & M K CORNEJO	RESIDENTIAL	$674,900	80 ft
4013 GARFIELD AVE MINNEAPOLIS MN 55409	N M DISHONG/K LOGAN ET AL	RESIDENTIAL-TWO UNIT	$466,900	85 ft
4033 GARFIELD AVE MINNEAPOLIS MN 55409	D MENSING & A BEASLEY TRUST	RESIDENTIAL	$413,100	120 ft
4009 GARFIELD AVE MINNEAPOLIS MN 55409	A P GRAMS & K R GRAMS	RESIDENTIAL-TWO UNIT	$456,300	135 ft
4020 HARRIET AVE MINNEAPOLIS MN 55409	K M TYLER & E M SMITH	RESIDENTIAL	$367,600	144 ft
4024 HARRIET AVE MINNEAPOLIS MN 55409	KATRINA E DICAMILLO TRUSTEE	RESIDENTIAL	$493,100	149 ft
4016 HARRIET AVE MINNEAPOLIS MN 55409	JEFFREY AHLBERG	RESIDENTIAL-TWO UNIT	$538,100	160 ft
4037 GARFIELD AVE MINNEAPOLIS MN 55409	BRENDA LUCILLE JOHNSON	RESIDENTIAL	$487,300	160 ft

Property History

Most Recent Sale

Date201305

Price$398,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,220