5200 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824330061

Property Overview

Parcel ID1402824330061

Lot Size6,483 sq ft (0.149 ac)

Lot Dimensions (est.)150 ft wide × 43 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerNATHAN KOSTER & EMILY KOSTER

Assessed Value$670,000

Land Value$175,000

Building Value$495,000

Annual Tax$10,927

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

2 permits on record since 2012 · $98K total declared value · Most recent: May 2017 (existres)

ExistresMay 2017Closed

DETAILED BY DESIGN LLC

Building Re-inspectionApr 2012

$98K

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 width137 ft

Buildable depth3 ft

Area~3,324 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 3,324 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5204 PARK AVE MINNEAPOLIS MN 55417	AILEA L KOXLIEN	RESIDENTIAL	$402,700	42 ft
5208 PARK AVE MINNEAPOLIS MN 55417	JAY LAMMERS & PAULA LAMMERS	RESIDENTIAL	$506,900	82 ft
5156 PARK AVE MINNEAPOLIS MN 55417	STEPHEN DAHL & JANELLE DAHL	RESIDENTIAL	$440,300	103 ft
5212 PARK AVE MINNEAPOLIS MN 55417	BETH A OLSON	RESIDENTIAL	$527,600	122 ft
5152 PARK AVE MINNEAPOLIS MN 55417	CHRISTOPHER LUNDON	RESIDENTIAL	$450,300	143 ft
5157 OAKLAND AVE MINNEAPOLIS MN 55417	J M QUINCY & A S QUINCY	RESIDENTIAL	$396,700	155 ft
5216 PARK AVE MINNEAPOLIS MN 55417	ERIN KREBS & LIDA ROGERS	RESIDENTIAL	$426,000	162 ft
5148 PARK AVE MINNEAPOLIS MN 55417	BRIAN A LEWIS	RESIDENTIAL	$421,800	183 ft
5153 OAKLAND AVE MINNEAPOLIS MN 55417	K T REICKS/JENNIFER L EUKEL	RESIDENTIAL	$377,900	184 ft
5201 PORTLAND AVE MINNEAPOLIS MN 55417	JOHN R LICHT ET AL	RESIDENTIAL	$428,800	188 ft

Property History

Most Recent Sale

Date201706

Price$536,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,927