5054 31ST AVE S MINNEAPOLIS MN 55417

PID: 1302824410014

Property Overview

Parcel ID1302824410014

Lot Size5,045 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerS N TENNESSEN & B TEASDALE

Assessed Value$389,400

Land Value$140,000

Building Value$249,400

Annual Tax$5,844

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $10K total declared value · Most recent: Nov 2023 (existres)

ExistresNov 2023Expired

SEDGWICK HEATING & AIR CONDITIONING

ExistresJun 2023Expired

SEDGWICK HEATING & AIR CONDITIONING

ResMay 2021Closed

Richfield Plumbing Co

MiscOct 2018Closed

$10K

ALL ELEMENTS INC

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

Neighborhood Profile

Keewaydin · Minneapolis

Median reported rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width113 ft

Buildable depth0 ft

Area~2,325 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,325 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
5050 31ST AVE S MINNEAPOLIS MN 55417	SANDRA GOGOI & PRANJIT GOGOI	RESIDENTIAL	$383,300	40 ft
5046 31ST AVE S MINNEAPOLIS MN 55417	M L LOUDEN & M MUELKEN	RESIDENTIAL	$375,500	80 ft
5100 31ST AVE S MINNEAPOLIS MN 55417	DAVID R HITE	RESIDENTIAL	$367,300	100 ft
5042 31ST AVE S MINNEAPOLIS MN 55417	ANNE MOLINE CUDDY	RESIDENTIAL	$335,800	120 ft
5055 NOKOMIS AVE S MINNEAPOLIS MN 55417	JAMIE RADEL	RESIDENTIAL	$349,800	140 ft
5104 31ST AVE S MINNEAPOLIS MN 55417	CAMERON BIRKHOFER	RESIDENTIAL	$187,700	140 ft
5051 NOKOMIS AVE S MINNEAPOLIS MN 55417	CATHERINE M SULLIVAN	RESIDENTIAL	$306,800	145 ft
5038 31ST AVE S MINNEAPOLIS MN 55417	ANTHONY J BERG	RESIDENTIAL	$311,400	160 ft
5047 NOKOMIS AVE S MINNEAPOLIS MN 55417	LEE FISHER & JENNY WHEATLEY	RESIDENTIAL	$318,900	160 ft
3100 51ST ST E MINNEAPOLIS MN 55417	DANIEL F NELSON TRUST	RESIDENTIAL	$422,200	162 ft

Property History

Most Recent Sale

Date200508

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,844