4245 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824320087

Property Overview

Parcel ID1102824320087

Lot Size4,668 sq ft (0.107 ac)

Lot Dimensions (est.)117 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerJASON RYSDON & GINA RYSDON

Assessed Value$430,000

Land Value$112,000

Building Value$318,000

Annual Tax$6,522

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2012 · $103K total declared value · Most recent: Oct 2022 (res)

ResOct 2022Closed

Ron the Sewer Rat Inc

RemodelMay 2021Closed

$3K

EGRESS WINDOW GUY

Building Re-inspectionJun 2012

$100K

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

Neighborhood Profile

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55407

Median sale price$335K-6.9% YoY

Median price / sqft$215/sqft

Median days to close18 days

Active listings78

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth77 ft

Area~2,300 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 2,300 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4249 PARK AVE MINNEAPOLIS MN 55407	BRENDA D EWING-MCKINNEY ETAL	RESIDENTIAL	$234,200	40 ft
4241 PARK AVE MINNEAPOLIS MN 55407	SAMUEL W MENZIES	RESIDENTIAL	$317,100	40 ft
4253 PARK AVE MINNEAPOLIS MN 55407	CONNOR CHURCH/MIKEL CHURCH	RESIDENTIAL	$238,400	80 ft
4237 PARK AVE MINNEAPOLIS MN 55407	M M HUNT & K T MOSLING	RESIDENTIAL	$428,400	80 ft
4257 PARK AVE MINNEAPOLIS MN 55407	ISIDRO PEREZ-CISNEROS	RESIDENTIAL	$311,200	117 ft
4233 PARK AVE MINNEAPOLIS MN 55407	KIMBERLY K B RHODES ET AL	RESIDENTIAL	$330,600	120 ft
4244 COLUMBUS AVE MINNEAPOLIS MN 55407	M MESSACAR & G K GERM	RESIDENTIAL	$308,700	130 ft
4248 COLUMBUS AVE MINNEAPOLIS MN 55407	BEASLEY LIVING TRUST	RESIDENTIAL	$360,500	136 ft
4240 COLUMBUS AVE MINNEAPOLIS MN 55407	ANNE PAINTER	RESIDENTIAL	$338,000	137 ft
4252 COLUMBUS AVE MINNEAPOLIS MN 55407	A RICHARDSON & A GROSSMAN	RESIDENTIAL	$425,900	152 ft

Property History

Most Recent Sale

Date201210

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,522