5056 SHERIDAN AVE N MINNEAPOLIS MN 55430

PID: 1111821240102

Property Overview

Parcel ID1111821240102

Lot Size5,651 sq ft (0.130 ac)

Lot Dimensions (est.)127 ft wide × 45 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerSTEVEN L THAXTER

Assessed Value$200,300

Land Value$44,000

Building Value$156,300

Annual Tax$2,676

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $15K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$15K

Precision Exteriors Restoration LLC

ResNov 2024Closed

4Front Energy Solutions Inc

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

Neighborhood Profile

Shingle Creek · Minneapolis

Median reported rent1,265/mo

Renter-occupied13.6%

Median home value$214K

Vacancy rate8.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.01

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width114 ft

Buildable depth5 ft

Area~2,739 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 2,739 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5052 SHERIDAN AVE N MINNEAPOLIS MN 55430	THEODORE M ECKMAN	RESIDENTIAL	$259,300	44 ft
5048 SHERIDAN AVE N MINNEAPOLIS MN 55430	ZACHARY P J KOPE	RESIDENTIAL	$261,800	87 ft
5100 SHERIDAN AVE N MINNEAPOLIS MN 55430	V LALL & K LALL	RESIDENTIAL	$200,800	104 ft
5044 SHERIDAN AVE N MINNEAPOLIS MN 55430	M BENHADDOU & I BENHADDOU	RESIDENTIAL	$270,900	130 ft
5057 RUSSELL AVE N MINNEAPOLIS MN 55430	ALBA CAMPIZ PINEDA	RESIDENTIAL	$240,800	140 ft
5106 SHERIDAN AVE N MINNEAPOLIS MN 55430	SIDNEY HUSOM	RESIDENTIAL	$286,000	145 ft
5053 RUSSELL AVE N MINNEAPOLIS MN 55430	MARIA N HERNANDEZ ARRIOLA	RESIDENTIAL	$286,000	147 ft
5049 RUSSELL AVE N MINNEAPOLIS MN 55430	COURTNEY JELTEMA	RESIDENTIAL	$242,800	166 ft
5040 SHERIDAN AVE N MINNEAPOLIS MN 55430	KYLE GAUL & KELSEY GAUL	RESIDENTIAL	$245,600	173 ft
5101 RUSSELL AVE N MINNEAPOLIS MN 55430	ALEJANDRA CRUZ CASTRO	RESIDENTIAL	$237,300	174 ft

Property History

Most Recent Sale

Date199901

Price$75,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,676