4017 14TH AVE S MINNEAPOLIS MN 55407

PID: 1102824130253

Property Overview

Parcel ID1102824130253

Lot Size158,824 sq ft (3.646 ac)

Lot Dimensions (est.)268 ft wide × 593 ft deep

Year Built1965

Property ClassCONDOMINIUM

OwnerVANCE R ENGELSTAD

Assessed Value$122,000

Land Value$12,000

Building Value$110,000

Annual Tax$1,881

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2026 · $10K total declared value · Most recent: Jan 2026 (commercial minor)

Commercial MinorJan 2026Final Inspection

Lake State Plumbing LLC

RemodelJan 2026Closed

$10K

Bathtune-Up

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

Neighborhood Profile

Bancroft · Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

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 width255 ft

Buildable depth553 ft

Area~132,104 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 132,104 sqft buildable area.

Est. units

110

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value
4040 15TH AVE S MINNEAPOLIS MN 55407	KELLIE DRAVES	CONDOMINIUM	$102,000
4040 15TH AVE S MINNEAPOLIS MN 55407	SEMERET AFEWORKI	CONDOMINIUM	$122,000
4010 15TH AVE S MINNEAPOLIS MN 55407	LUEL KEFLETSION	CONDO GARAGE/MISCELLANEOUS	$6,100
4017 15TH AVE S MINNEAPOLIS MN 55407	H HARRISS & J HARRISS	CONDO GARAGE/MISCELLANEOUS	$6,100
4014 15TH AVE S MINNEAPOLIS MN 55407	JAY A ANDERSON	COOPERATIVE HOUSING	$6,100
4010 15TH AVE S MINNEAPOLIS MN 55407	TRILOGY PROPERTIES OF MN LLC	CONDO GARAGE/MISCELLANEOUS	$6,100
4010 15TH AVE S MINNEAPOLIS MN 55407	SANTOS ARROYO RAMIREZ	CONDO GARAGE/MISCELLANEOUS	$6,100
4017 15TH AVE S MINNEAPOLIS MN 55407	DALE S SKOGMAN	CONDO GARAGE/MISCELLANEOUS	$7,200
4017 15TH AVE S MINNEAPOLIS MN 55407	VANCE R ENGELSTAD	CONDO GARAGE/MISCELLANEOUS	$6,100
4010 15TH AVE S MINNEAPOLIS MN 55407	RISA M HAZEL	CONDO GARAGE/MISCELLANEOUS	$6,100

Property History

Most Recent Sale

Date201005

Price$89,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$1,881