132 RUSTIC LODGE W MINNEAPOLIS MN 55419

PID: 1502824240041

Property Overview

Parcel ID1502824240041

Lot Size9,654 sq ft (0.222 ac)

Lot Dimensions (est.)75 ft wide × 129 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerMEGAN O'MEARA & JEFF NIBLACK

Assessed Value$1,104,400

Land Value$274,000

Building Value$830,400

Annual Tax$19,144

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2013 · $157K total declared value · Most recent: Dec 2022 (existres)

ExistresDec 2022Closed

Patton Heating And Air Conditioning Inc

ResNov 2022Closed

Farr Plumbing and Heating LLC

ResNov 2022Cancelled

Farr Plumbing and Heating LLC

RemodelNov 2022Closed

$20K

ADAPTABLE BUILDERS

RemodelOct 2022Expired

$5K

ADAPTABLE BUILDERS

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

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width64 ft

Buildable depth90 ft

Area~5,772 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 5,772 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
138 RUSTIC LODGE W MINNEAPOLIS MN 55419	M E GORMLEY JR ET AL	RESIDENTIAL	$572,500	64 ft
128 RUSTIC LODGE W MINNEAPOLIS MN 55419	BRADY ALEXANDER BRABEC ET AL	RESIDENTIAL	$743,100	82 ft
142 RUSTIC LODGE W MINNEAPOLIS MN 55419	BJORN HOFFMAN/ABBY O CARLEN	RESIDENTIAL	$732,100	114 ft
141 48TH ST W MINNEAPOLIS MN 55419	JANE ANN GENDRON TRUST	RESIDENTIAL	$506,100	134 ft
135 48TH ST W MINNEAPOLIS MN 55419	B H & L R HENNING	RESIDENTIAL	$791,800	136 ft
4830 WENTWORTH AVE MINNEAPOLIS MN 55419	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	151 ft
146 RUSTIC LODGE W MINNEAPOLIS MN 55419	MATTHEW PALMERET AL	RESIDENTIAL	$565,300	162 ft
147 48TH ST W MINNEAPOLIS MN 55419	MARY B DOYLE TR ET AL	RESIDENTIAL	$505,000	166 ft
129 48TH ST W MINNEAPOLIS MN 55419	B RASMUSSEN & K ANTHONY	RESIDENTIAL	$836,900	170 ft
131 RUSTIC LODGE W MINNEAPOLIS MN 55419	R J FELDMAN & J A HIRSCH	RESIDENTIAL	$589,000	193 ft

Property History

Most Recent Sale

Date202206

Price$1,400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,144