5034 GLADSTONE AVE MINNEAPOLIS MN 55419

PID: 1502824310076

Property Overview

Parcel ID1502824310076

Lot Size6,747 sq ft (0.155 ac)

Lot Dimensions (est.)144 ft wide × 47 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJ T DEERING/P S DEERING LV T

Assessed Value$643,200

Land Value$308,000

Building Value$335,200

Annual Tax$10,420

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 2018 · $39K total declared value · Most recent: May 2020 (misc)

MiscMay 2020Closed

$39K

CROSSROAD CONSTRUCTION INC

ResNov 2018Closed

PAMELA DEERING

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

Neighborhood Profile

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

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 width131 ft

Buildable depth7 ft

Area~3,495 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 3,495 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5038 GLADSTONE AVE MINNEAPOLIS MN 55419	NICOLE E DOBRATZ TRUST	RESIDENTIAL	$539,700	48 ft
5042 GLADSTONE AVE MINNEAPOLIS MN 55419	MARGARET A LUBOZYNSKI	RESIDENTIAL	$568,900	94 ft
312 LONGVIEW TER MINNEAPOLIS MN 55419	BENJAMIN A SCHULTZ TRUST	RESIDENTIAL	$581,400	134 ft
5046 GLADSTONE AVE MINNEAPOLIS MN 55419	J S LAUBER & J C LAUBER	RESIDENTIAL	$738,800	138 ft
5028 GLADSTONE AVE MINNEAPOLIS MN 55419	T J CLAESON & N H CLAESON	RESIDENTIAL	$834,600	149 ft
5035 GLADSTONE AVE MINNEAPOLIS MN 55419	M J LAVINE & K T LAVINE	RESIDENTIAL	$910,000	161 ft
316 LONGVIEW TER MINNEAPOLIS MN 55419	MARK LAYTON & HEATHER LAYTON	RESIDENTIAL	$875,200	174 ft
5033 GLADSTONE AVE MINNEAPOLIS MN 55419	ADAM SATTLER & DIANA SATTLER	RESIDENTIAL	$755,800	177 ft
5037 GLADSTONE AVE MINNEAPOLIS MN 55419	R A HASKIN & N L HASKIN	RESIDENTIAL	$590,200	181 ft
5050 GLADSTONE AVE MINNEAPOLIS MN 55419	ISSAC BECKER/NANCY ST PIERRE	RESIDENTIAL	$739,700	183 ft

Property History

Most Recent Sale

Date200611

Price$535,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,420