1603 JEFFERSON ST N E MINNEAPOLIS MN 55413

PID: 1402924120053

Property Overview

Parcel ID1402924120053

Lot Size5,332 sq ft (0.122 ac)

Lot Dimensions (est.)126 ft wide × 42 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerK L FOKKEN & H C FOKKEN

Assessed Value$476,200

Land Value$145,000

Building Value$331,200

Annual Tax$7,320

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2014 · $198K total declared value · Most recent: Oct 2025 (addition)

AdditionOct 2025Final Inspection

$30K

NORTHRUP REMODELING

ExistresOct 2022Closed

Hero Home Services LLC

MiscOct 2018Closed

$8K

AMERICAN BUILDING CONTRACTORS INC

Building Re-inspectionMar 2014

$160K

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

Neighborhood Profile

Logan Park · Minneapolis

Median reported rent647/mo

Renter-occupied60.8%

Median home value$341K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1025

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 depth87 ft

Area~2,779 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 2,779 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1607 JEFFERSON ST N E MINNEAPOLIS MN 55413	VALERIE HILL/JEFFREY KRAKER	RESIDENTIAL	$353,000	42 ft
1541 JEFFERSON ST N E MINNEAPOLIS MN 55413	KENT D ARCHIBALD ET AL	RESIDENTIAL-TWO UNIT	$454,900	46 ft
1611 JEFFERSON ST N E MINNEAPOLIS MN 55413	DUANE DITTY & SIOBHAN DITTY	RESIDENTIAL	$421,200	85 ft
1535 JEFFERSON ST N E MINNEAPOLIS MN 55413	C SMITH & L K SMITH	RESIDENTIAL	$513,800	91 ft
1531 JEFFERSON ST N E MINNEAPOLIS MN 55413	VERONICA J ROSENAU TRUST	RESIDENTIAL	$268,000	126 ft
1615 JEFFERSON ST N E MINNEAPOLIS MN 55413	J BATCHELOR & M BATCHELOR	RESIDENTIAL-TWO UNIT	$450,800	127 ft
1606 MADISON ST N E MINNEAPOLIS MN 55413	AMANDA FABER	RESIDENTIAL	$372,200	140 ft
1610 MADISON ST N E MINNEAPOLIS MN 55413	MARLINA R KOMAREK	RESIDENTIAL	$407,000	146 ft
1600 MADISON ST N E MINNEAPOLIS MN 55413	PHILIP W CHAN	RESIDENTIAL-TWO UNIT	$470,600	147 ft
1614 MADISON ST N E MINNEAPOLIS MN 55413	ANDREW J WATTENHOFER ET AL	RESIDENTIAL	$395,900	163 ft

Property History

Most Recent Sale

Date200504

Price$262,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,320