3953 21ST AVE S MINNEAPOLIS MN 55407

PID: 1202824210048

Property Overview

Parcel ID1202824210048

Lot Size4,997 sq ft (0.115 ac)

Lot Dimensions (est.)122 ft wide × 41 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerANDREW J KRAFT

Assessed Value$399,300

Land Value$122,000

Building Value$277,300

Annual Tax$6,010

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2021 · $55K total declared value · Most recent: Dec 2024 (existres)

ExistresDec 2024Closed

Ideal Air LLC

ResNov 2024Closed

Castro Plumbing and Construction LLC

MiscSep 2024Closed

$19K

MINNESOTA EXTERIORS INC

MiscAug 2024Closed

$16K

MINNESOTA EXTERIORS INC

RemodelMar 2024Closed

$20K

JCO CONSTRUCTION LLC

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 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 width109 ft

Buildable depth1 ft

Area~2,292 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 2,292 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
3949 21ST AVE S MINNEAPOLIS MN 55407	DAVID MADDOX/LEAH VAN TASSEL	RESIDENTIAL	$317,100	42 ft
3945 21ST AVE S MINNEAPOLIS MN 55407	HEATHER C KERN	RESIDENTIAL	$321,300	84 ft
4001 21ST AVE S MINNEAPOLIS MN 55407	RANDY P SHADDRICK ETAL	RESIDENTIAL	$299,900	121 ft
3941 21ST AVE S MINNEAPOLIS MN 55407	JENNIFER CARROLL/JEANNE KANE	RESIDENTIAL	$286,300	125 ft
3954 22ND AVE S MINNEAPOLIS MN 55407	GRACE RILEY	RESIDENTIAL	$350,000	136 ft
3948 22ND AVE S MINNEAPOLIS MN 55407	B C MACK & A C MACK	RESIDENTIAL	$327,200	142 ft
3944 22ND AVE S MINNEAPOLIS MN 55407	MICHAEL B STRONG	RESIDENTIAL	$314,000	159 ft
4005 21ST AVE S MINNEAPOLIS MN 55407	CORY A BRATTS	RESIDENTIAL	$307,600	163 ft
3937 21ST AVE S MINNEAPOLIS MN 55407	A S FORTICAUX/JOSEPH D MARX	RESIDENTIAL	$274,600	167 ft
4000 22ND AVE S MINNEAPOLIS MN 55407	MICHELLE M MCDONALD	RESIDENTIAL	$257,500	182 ft

Property History

Most Recent Sale

Date202208

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,010