4416 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824330047

Property Overview

Parcel ID1102824330047

Lot Size5,860 sq ft (0.135 ac)

Lot Dimensions (est.)117 ft wide × 50 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerR B PAREDES JR & C A PAREDES

Assessed Value$345,700

Land Value$124,000

Building Value$221,700

Annual Tax$5,116

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

5 permits on record since 2019 · $18K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Expired

Urban Pine Plumbing and Mechanical Inc

ExistresApr 2021Closed

CENTERPOINT ENERGY

MiscSep 2020Closed

$10K

Ameripro Roofing of Minnesota

MiscApr 2020Closed

$3K

Minnesota Rusco Inc

MiscSep 2019Closed

$5K

Minnesota Rusco Inc

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$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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth77 ft

Area~3,086 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 3,086 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
4412 PARK AVE MINNEAPOLIS MN 55407	S GROPEN & S R NYSTROM	RESIDENTIAL	$318,700	50 ft
4420 PARK AVE MINNEAPOLIS MN 55407	BRIAN & LIBIA WEBSTER	RESIDENTIAL	$291,400	50 ft
4408 PARK AVE MINNEAPOLIS MN 55407	ALISHA SAWYER/HUNTER SAWYER	RESIDENTIAL	$371,600	100 ft
4424 PARK AVE MINNEAPOLIS MN 55407	LAUREN SILLMAN	RESIDENTIAL	$367,800	100 ft
4417 OAKLAND AVE MINNEAPOLIS MN 55407	NICOLE E ZUBER	RESIDENTIAL	$453,800	131 ft
4421 OAKLAND AVE MINNEAPOLIS MN 55407	R J DETRICK & S J LARKINS	RESIDENTIAL	$430,200	140 ft
4413 OAKLAND AVE MINNEAPOLIS MN 55407	J GRAPER & J DE BLOCK	RESIDENTIAL	$419,700	140 ft
4404 PARK AVE MINNEAPOLIS MN 55407	RIDDHI REAL ESTATE LLC	RESIDENTIAL	$374,700	150 ft
4428 PARK AVE MINNEAPOLIS MN 55407	C R T CUNNIFF & N A MERSY	RESIDENTIAL	$357,300	150 ft
4425 OAKLAND AVE MINNEAPOLIS MN 55407	H SCHRAUT & T FABIAN	RESIDENTIAL	$412,800	165 ft

Property History

Most Recent Sale

Date199207

Price$79,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,116