1600 53RD ST E MINNEAPOLIS MN 55417

PID: 1402824440024

Property Overview

Parcel ID1402824440024

Lot Size6,318 sq ft (0.145 ac)

Lot Dimensions (est.)123 ft wide × 51 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerN JOHNSON & V JOHNSON

Assessed Value$544,800

Land Value$241,000

Building Value$303,800

Annual Tax$8,558

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $19K total declared value · Most recent: Mar 2018 (res)

ResMar 2018Closed

Metro Heating & Cooling LLC

ResFeb 2018Closed

ProMech LLC

ExistresFeb 2018Closed

Metro Heating & Cooling LLC

RemodelJan 2018Closed

$19K

PHEASANT RUN CONSTRUCTION LLC

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

Neighborhood Profile

Hale · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

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 width110 ft

Buildable depth11 ft

Area~1,274 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 1,274 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5237 16TH AVE S MINNEAPOLIS MN 55417	J A BAKER & J M GUNDERSON	RESIDENTIAL	$533,200	52 ft
5233 16TH AVE S MINNEAPOLIS MN 55417	BENJAMIN CORK & LAUREN CORK	RESIDENTIAL	$543,900	102 ft
5244 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	L S HILL & K A HILL	RESIDENTIAL	$877,200	142 ft
5240 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	NATHAN W BARD & KATIE R BARD	RESIDENTIAL	$634,300	144 ft
1551 53RD ST E MINNEAPOLIS MN 55417	CHARLES A LOES	RESIDENTIAL	$639,800	145 ft
1609 53RD ST E MINNEAPOLIS MN 55417	K K SHELTON & K K VICKERY	RESIDENTIAL	$470,700	147 ft
5229 16TH AVE S MINNEAPOLIS MN 55417	GLENN L & REBECCA A GALEN	RESIDENTIAL	$513,400	152 ft
5236 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	SHOSHANA T T JURGEMEYER ETAL	RESIDENTIAL	$648,200	157 ft
1547 53RD ST E MINNEAPOLIS MN 55417	RICHARD LEGUS & MARIAH LEGUS	RESIDENTIAL	$547,200	159 ft
5300 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	GWENYTH A FISCHER	RESIDENTIAL	$702,400	175 ft

Property History

Most Recent Sale

Date201707

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,558