5308 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417

PID: 1402824440060

Property Overview

Parcel ID1402824440060

Lot Size6,403 sq ft (0.147 ac)

Lot Dimensions (est.)137 ft wide × 47 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerM ALEXANDER & A JONES

Assessed Value$645,200

Land Value$270,000

Building Value$375,200

Annual Tax$12,661

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $35K total declared value · Most recent: May 2026 (misc)

MiscMay 2026Final Inspection

$18K

Weathersafe Restoration Inc

ResNov 2022Closed

HomeWorks Services LLC

RemodelNov 2022Closed

$12K

Field Outdoor Spaces

ExistresAug 2022Closed

DNA HEATING AND COOLING

MiscApr 2019Closed

$2K

NOKOMIS ROOFING CO

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth88 ft

Area~3,521 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 3,521 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5304 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	STEVEN R PETERSEN	RESIDENTIAL	$621,300	50 ft
5312 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	G J BENSON & A M BENSON	RESIDENTIAL	$666,500	50 ft
5300 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	GWENYTH A FISCHER	RESIDENTIAL	$702,400	100 ft
5316 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	PETER M SCHROEDER ET AL	RESIDENTIAL	$725,000	100 ft
1609 53RD ST E MINNEAPOLIS MN 55417	K K SHELTON & K K VICKERY	RESIDENTIAL	$470,700	120 ft
5321 CHATEAU PL MINNEAPOLIS MN 55417	L L ROTEGARD & N R DOUGHTY	RESIDENTIAL	$551,100	134 ft
5320 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	K T KARNOWSKI & E KARNOWSKI	RESIDENTIAL	$770,100	150 ft
1551 53RD ST E MINNEAPOLIS MN 55417	CHARLES A LOES	RESIDENTIAL	$639,800	156 ft
5317 CHATEAU PL MINNEAPOLIS MN 55417	NANCY CAIN SOMMERS	RESIDENTIAL	$553,300	165 ft
1547 53RD ST E MINNEAPOLIS MN 55417	RICHARD LEGUS & MARIAH LEGUS	RESIDENTIAL	$547,200	192 ft

Property History

Most Recent Sale

Date201402

Price$384,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,661