3949 24TH AVE S MINNEAPOLIS MN 55406

PID: 1202824120136

Property Overview

Parcel ID1202824120136

Lot Size4,899 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerN MAERTENS & M SWOBODA

Assessed Value$220,200

Land Value$120,000

Building Value$100,200

Annual Tax$3,023

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $18K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$18K

MINNESOTA EXTERIORS INC

ResMay 2022Closed

CenterPoint Energy Resource Corp

ExistresOct 2020Closed

Patton Heating And Air Conditioning Inc

ExistresSep 2017Closed

Patton Heating And Air Conditioning Inc

ResAug 2017Closed

Patton Heating And Air Conditioning Inc

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 depth82 ft

Area~2,473 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 2,473 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
3953 24TH AVE S MINNEAPOLIS MN 55406	MOLLY K O'MEARA	RESIDENTIAL	$262,700	40 ft
3945 24TH AVE S MINNEAPOLIS MN 55406	NANCY SIMS	RESIDENTIAL	$234,900	40 ft
3957 24TH AVE S MINNEAPOLIS MN 55406	ERIN YESS & MICHAEL PETERSON	RESIDENTIAL	$289,800	77 ft
3941 24TH AVE S MINNEAPOLIS MN 55406	WENDY MECK	RESIDENTIAL	$274,800	80 ft
3937 24TH AVE S MINNEAPOLIS MN 55406	J F M SUNDSETH/M H SUNDSETH	RESIDENTIAL	$297,600	120 ft
3948 25TH AVE S MINNEAPOLIS MN 55406	JANE E BOLLA LIVING TRUST	RESIDENTIAL	$331,000	136 ft
3944 25TH AVE S MINNEAPOLIS MN 55406	J R LACKRAM & P D LACKRAM	RESIDENTIAL	$620,000	142 ft
3952 25TH AVE S MINNEAPOLIS MN 55406	M BERG & E GLENNON	RESIDENTIAL	$299,300	142 ft
3956 25TH AVE S MINNEAPOLIS MN 55406	N P MUNZNER & S R OEHRLEIN	RESIDENTIAL	$332,100	156 ft
3940 25TH AVE S MINNEAPOLIS MN 55406	TIMOTHY J HOBERG LIVING TRST	RESIDENTIAL	$241,700	158 ft

Property History

Most Recent Sale

Date201711

Price$198,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,023