4700 PLEASANT AVE MINNEAPOLIS MN 55419

PID: 1502824220160

Property Overview

Parcel ID1502824220160

Lot Size7,024 sq ft (0.161 ac)

Lot Dimensions (est.)126 ft wide × 56 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerSAMUEL L MEERSMAN

Assessed Value$485,500

Land Value$239,000

Building Value$246,500

Annual Tax$7,475

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $50K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Final Inspection

$25K

AUSTAD CONSTRUCTION INC

ResMay 2022Closed

Jon Schewe

ExistresMay 2022Closed

Jon Schewe

RemodelApr 2022Closed

$20K

Jon Schewe

ResMar 2020Closed

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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 width113 ft

Buildable depth16 ft

Area~3,675 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 3,675 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4704 PLEASANT AVE MINNEAPOLIS MN 55419	T MONDRAGON & A MONDRAGON	RESIDENTIAL	$393,900	48 ft
4708 PLEASANT AVE MINNEAPOLIS MN 55419	ELIZABETH THOMPSON ET AL	RESIDENTIAL	$431,400	88 ft
4652 PLEASANT AVE MINNEAPOLIS MN 55419	OLIVIA A BROWN	RESIDENTIAL	$350,300	110 ft
4712 PLEASANT AVE MINNEAPOLIS MN 55419	PROCHASKA & SMITH JT TR	RESIDENTIAL	$498,600	131 ft
310 47TH ST W MINNEAPOLIS MN 55419	B F TIMME & C L TUCK	RESIDENTIAL	$276,900	134 ft
4701 GRAND AVE S MINNEAPOLIS MN 55419	NANCY J NORDSTRUM TRUST	CONDOMINIUM	$303,500	139 ft
4701 GRAND AVE S MINNEAPOLIS MN 55419	OMAR MARTINEZ	CONDOMINIUM	$305,600	139 ft
319 47TH ST W MINNEAPOLIS MN 55419	JOSEPH TOTALL/SUSAN TOTALL	CONDOMINIUM	$280,800	139 ft
4701 GRAND AVE S MINNEAPOLIS MN 55419	MOLLY MOLLNER	CONDOMINIUM	$283,000	139 ft
4701 GRAND AVE S MINNEAPOLIS MN 55419	KAIJA JOHNSON BERGEN	CONDOMINIUM	$195,500	139 ft

Property History

Most Recent Sale

Date202406

Price$506,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,475