516 E MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824140067

Property Overview

Parcel ID1502824140067

Lot Size7,929 sq ft (0.182 ac)

Lot Dimensions (est.)53 ft wide × 149 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerK BARTNICK & A WUEBKER

Assessed Value$500,300

Land Value$155,000

Building Value$345,300

Annual Tax$7,694

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2002 · $184K total declared value · Most recent: Feb 2022 (res)

ResFeb 2022Closed

Paul Bunyan Plumbing, LLC

MiscJul 2019Closed

$11K

Two Rivers Exteriors, LLC

AdditionJun 2019Closed

$3K

Hage Construction Co

ExistresDec 2018Closed

TOTAL COMFORT

RemodelAug 2017Closed

$11K

WINDOW WORLD

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

Neighborhood Profile

Field · 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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width40 ft

Buildable depth109 ft

Area~4,386 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 4,386 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
512 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	ANGELA H SLAUGHTER ET AL	RESIDENTIAL	$740,400	51 ft
508 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	P W OSTERGREN & T P GENETT	RESIDENTIAL	$487,900	101 ft
4928 PORTLAND AVE MINNEAPOLIS MN 55417	J ENGELMANN & K M ENGELMANN	RESIDENTIAL	$411,100	116 ft
4924 PORTLAND AVE MINNEAPOLIS MN 55417	O ADEYO & E CHIQUOINE	RESIDENTIAL	$395,400	159 ft
600 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	ERIC SOLOVJOVS ET AL	RESIDENTIAL	$540,000	161 ft
500 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	F MARRAFFA & R A MARRAFFA	RESIDENTIAL	$722,600	175 ft
4929 5TH AVE S MINNEAPOLIS MN 55419	A C BENNETT & M E BENNETT	RESIDENTIAL	$442,700	199 ft
4933 PORTLAND AVE MINNEAPOLIS MN 55417	MARY A HUTTNER TRUST	RESIDENTIAL	$540,700	201 ft
4920 PORTLAND AVE MINNEAPOLIS MN 55417	KAREN LAVINE	RESIDENTIAL	$391,300	204 ft
4929 PORTLAND AVE MINNEAPOLIS MN 55417	JORGE URBINA & CLIFTON BEYER	RESIDENTIAL	$580,600	223 ft

Property History

Most Recent Sale

Date202112

Price$422,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,694