4637 PARK AVE MINNEAPOLIS MN 55407

PID: 1402824220133

Property Overview

Parcel ID1402824220133

Lot Size4,955 sq ft (0.114 ac)

Lot Dimensions (est.)118 ft wide × 42 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerTRISHA HANSON & TIM HANSON

Assessed Value$603,000

Land Value$132,000

Building Value$471,000

Annual Tax$9,917

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

7 permits on record since 2017 · $154K total declared value · Most recent: Dec 2017 (tempheat)

TempheatDec 2017Closed

Airic's Heating & Air Conditioning Inc

AccessoryOct 2017Closed

$18K

Wilson A Molina

NewresOct 2017Closed

$10K

Airic's Heating & Air Conditioning Inc

AdditionOct 2017Closed

$5K

Wilson A Molina

ResOct 2017Closed

Airic's Heating & Air Conditioning Inc

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

Neighborhood Profile

Field · 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 width32 ft

Buildable depth78 ft

Area~2,495 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 2,495 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4641 PARK AVE MINNEAPOLIS MN 55407	BOENIGK FAMILY WEALTH TRUST	RESIDENTIAL	$340,100	42 ft
4633 PARK AVE MINNEAPOLIS MN 55407	IAN COLDWATER	RESIDENTIAL	$370,300	42 ft
4629 PARK AVE MINNEAPOLIS MN 55407	JENNIFER SAUER	RESIDENTIAL	$314,900	84 ft
4645 PARK AVE MINNEAPOLIS MN 55407	FLORA M MCRAE	RESIDENTIAL	$404,500	85 ft
4625 PARK AVE MINNEAPOLIS MN 55407	JEREMY R ALM	RESIDENTIAL	$228,400	125 ft
4649 PARK AVE MINNEAPOLIS MN 55407	G LEFKOWITZ & S M BRAZIL	RESIDENTIAL	$304,800	128 ft
4636 COLUMBUS AVE MINNEAPOLIS MN 55407	L J S CROSS & A L CROSS	RESIDENTIAL	$301,200	132 ft
4640 COLUMBUS AVE MINNEAPOLIS MN 55407	GWENDOLYN K CAMPBELL	RESIDENTIAL	$254,100	138 ft
4632 COLUMBUS AVE MINNEAPOLIS MN 55407	REBECCA M NASH	RESIDENTIAL	$305,400	139 ft
4628 COLUMBUS AVE MINNEAPOLIS MN 55407	CHRISTINE M DELARBRE	RESIDENTIAL	$276,600	156 ft

Property History

Most Recent Sale

Date202106

Price$500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,917