3901 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120180

Property Overview

Parcel ID1102824120180

Lot Size4,856 sq ft (0.111 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerKERRY J F HERDEGEN ET AL

Assessed Value$453,800

Land Value$92,000

Building Value$361,800

Annual Tax$6,919

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $56K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2023Closed

$17K

J Welda Construction Inc

ExistresJul 2021Closed

Midland HVAC LLC

RemodelJul 2021Closed

$39K

PRINCEWORKS, LLC

ResJun 2021Closed

Farr Plumbing and Heating LLC

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

Neighborhood Profile

Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 96

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth0 ft

Area~2,198 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,198 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3905 12TH AVE S MINNEAPOLIS MN 55407	M L ANDERSON & P L KELLER	RESIDENTIAL	$253,000	40 ft
3909 12TH AVE S MINNEAPOLIS MN 55407	A R DEMARS & N M ZACHOW	RESIDENTIAL	$288,000	80 ft
1215 39TH ST E MINNEAPOLIS MN 55407	KELLY BARTELL	RESIDENTIAL	$287,600	97 ft
3853 12TH AVE S MINNEAPOLIS MN 55407	MARTA L KNUTSON	RESIDENTIAL	$373,700	101 ft
3913 12TH AVE S MINNEAPOLIS MN 55407	A SCHOENHOLTZ & A LAM	RESIDENTIAL	$421,000	120 ft
3849 12TH AVE S MINNEAPOLIS MN 55407	R W GARRISON/M K N-GARRISON	RESIDENTIAL	$220,000	144 ft
3900 13TH AVE S MINNEAPOLIS MN 55407	B I KLINGBEIL & L M MILLER	RESIDENTIAL	$222,000	155 ft
3908 13TH AVE S MINNEAPOLIS MN 55407	DOUA VUE & YER VANG	RESIDENTIAL	$253,000	157 ft
3904 13TH AVE S MINNEAPOLIS MN 55407	H J ZAINOS & G C ZAINOS	RESIDENTIAL	$261,000	160 ft
3917 12TH AVE S MINNEAPOLIS MN 55407	R G WAGONER & L M WAGONER	RESIDENTIAL	$298,000	160 ft

Property History

Most Recent Sale

Date202010

Price$377,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,919