5123 WENTWORTH AVE MINNEAPOLIS MN 55419

PID: 1502824310037

Property Overview

Parcel ID1502824310037

Lot Size10,398 sq ft (0.239 ac)

Lot Dimensions (est.)130 ft wide × 80 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerKRISTINE T K NOVAK TRUST

Assessed Value$1,136,800

Land Value$362,000

Building Value$774,800

Annual Tax$19,757

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2010 · $600K total declared value · Most recent: Feb 2017 (res)

ResFeb 2017Closed

CENTERPOINT ENERGY

Building Re-inspectionMay 2010

$600K

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 width70 ft

Buildable depth90 ft

Area~6,295 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 6,295 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
5129 WENTWORTH AVE MINNEAPOLIS MN 55419	C A ERICKSON & J WINTERBAUER	RESIDENTIAL	$879,600	80 ft
5113 WENTWORTH AVE MINNEAPOLIS MN 55419	ALEXIS NUNEZ & ANEUDY NUNEZ	RESIDENTIAL	$742,000	83 ft
5112 BELMONT AVE S MINNEAPOLIS MN 55419	MARA & ANTHONY PROELL	RESIDENTIAL	$933,000	136 ft
5139 WENTWORTH AVE MINNEAPOLIS MN 55419	SARAH J KALWEIT REVOCABLE TR	RESIDENTIAL	$865,400	160 ft
112 52ND ST W MINNEAPOLIS MN 55419	MARY L CARROLL	RESIDENTIAL	$828,700	164 ft
5142 BELMONT AVE S MINNEAPOLIS MN 55419	J B GRAFF & S A GRAFF	RESIDENTIAL	$1,339,700	164 ft
5124 WENTWORTH AVE MINNEAPOLIS MN 55419	N DVORAK & E DVORAK	RESIDENTIAL	$1,005,000	182 ft
121 ELMWOOD PL W MINNEAPOLIS MN 55419	EMILY CRAWFORD/RYAN CRAWFORD	RESIDENTIAL	$1,288,800	188 ft
5118 WENTWORTH AVE MINNEAPOLIS MN 55419	STEVEN A NELSON ET AL	RESIDENTIAL	$949,000	197 ft
5128 WENTWORTH AVE MINNEAPOLIS MN 55419	J T LANG & M S LANG	RESIDENTIAL	$1,184,200	200 ft

Property History

Most Recent Sale

Date199901

Price$292,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,757