5100 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824320066

Property Overview

Parcel ID1402824320066

Lot Size5,129 sq ft (0.118 ac)

Lot Dimensions (est.)119 ft wide × 43 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerWILLIAM GROGG

Assessed Value$493,300

Land Value$160,000

Building Value$333,300

Annual Tax$7,577

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictUnknown

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

1 permit on record since 2019 · Most recent: Oct 2019 (existres)

ExistresOct 2019Closed

Ray N Welter Heating Co

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

Neighborhood Profile

Page · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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 width106 ft

Buildable depth3 ft

Area~2,377 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 2,377 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5104 PARK AVE MINNEAPOLIS MN 55417	JAMES PARROTT	RESIDENTIAL	$424,000	42 ft
5108 PARK AVE MINNEAPOLIS MN 55417	MARIA MCCARTHY	RESIDENTIAL	$381,000	82 ft
5040 PARK AVE MINNEAPOLIS MN 55417	C QUATTLEBAUM/J QUATTLEBAUM	RESIDENTIAL	$513,000	102 ft
5112 PARK AVE MINNEAPOLIS MN 55417	T W HATCH & M L HATCH	RESIDENTIAL	$410,700	121 ft
5101 OAKLAND AVE MINNEAPOLIS MN 55417	J C PEDERSON & A L KOHLS	RESIDENTIAL	$451,500	133 ft
5105 OAKLAND AVE MINNEAPOLIS MN 55417	M T & K C SCHNEIDER	RESIDENTIAL	$415,800	139 ft
5028 PARK AVE MINNEAPOLIS MN 55417	J J STREMCHA & L E STREMCHA	RESIDENTIAL	$721,000	143 ft
5109 OAKLAND AVE MINNEAPOLIS MN 55417	ZACHARY TRUSKOWSKI	RESIDENTIAL	$420,300	155 ft
5116 PARK AVE MINNEAPOLIS MN 55417	T O'MARA & J SAVILLE-O'MARA	RESIDENTIAL	$442,300	162 ft
5033 OAKLAND AVE MINNEAPOLIS MN 55417	C M HARPER & K W HARPER	RESIDENTIAL	$409,800	167 ft

Property History

Most Recent Sale

Date202005

Price$445,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,577