311 ELMWOOD PL W MINNEAPOLIS MN 55419

PID: 1502824310083

Property Overview

Parcel ID1502824310083

Lot Size9,975 sq ft (0.229 ac)

Lot Dimensions (est.)67 ft wide × 148 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerA C WRIGHT & J L WRIGHT

Assessed Value$1,047,500

Land Value$358,000

Building Value$689,500

Annual Tax$18,068

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2017 · $560K total declared value · Most recent: Sep 2023 (accessory)

AccessorySep 2023Closed

$35K

Landscape Love LLC

ResJun 2023Closed

DINIUS PLUMBING CO INC

ResJan 2023Expired

DINIUS PLUMBING CO INC

AdditionDec 2022Final Inspection

$513K

TERRA FIRMA BUILDING & REMODELING

ExistresNov 2022Closed

4Front Energy Solutions Inc

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 width53 ft

Buildable depth118 ft

Area~6,217 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 6,217 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
303 ELMWOOD PL W MINNEAPOLIS MN 55419	T J PUTNAM & L V PUTNAM	RESIDENTIAL	$1,339,000	66 ft
319 ELMWOOD PL W MINNEAPOLIS MN 55419	A CHERVENY & S H CHERVENY	RESIDENTIAL	$986,000	71 ft
323 ELMWOOD PL W MINNEAPOLIS MN 55419	M W BACHMAN & C L BACHMAN	RESIDENTIAL	$1,102,600	149 ft
5150 GLADSTONE AVE MINNEAPOLIS MN 55419	C S OMDAL & L V OMDAL	RESIDENTIAL	$799,700	152 ft
306 52ND ST W MINNEAPOLIS MN 55419	A DAHLEN & C M VAN KOOTEN	RESIDENTIAL	$545,300	154 ft
230 ELMWOOD PL W MINNEAPOLIS MN 55419	PARK BOARD	VACANT LAND-RESIDENTIAL	$0	168 ft
310 52ND ST W MINNEAPOLIS MN 55419	LISA A HELMINIAK	RESIDENTIAL	$579,200	171 ft
310 ELMWOOD PL W MINNEAPOLIS MN 55419	OLSON REVOCABLE FAMILY TRUST	RESIDENTIAL	$1,295,000	192 ft
318 ELMWOOD PL W MINNEAPOLIS MN 55419	T F MCCARTHY & M KELLY	RESIDENTIAL	$865,700	205 ft
300 ELMWOOD PL W MINNEAPOLIS MN 55419	R J REUTER & A M REUTER	RESIDENTIAL	$1,538,200	209 ft

Property History

Most Recent Sale

Date201908

Price$778,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$18,068