342 ELMWOOD PL W MINNEAPOLIS MN 55419

PID: 1502824320051

Property Overview

Parcel ID1502824320051

Lot Size5,916 sq ft (0.136 ac)

Lot Dimensions (est.)60 ft wide × 98 ft deep

Year Built1966

Property ClassRESIDENTIAL

OwnerDIMITRI T BURROUGHS

Assessed Value$674,800

Land Value$292,000

Building Value$382,800

Annual Tax$11,017

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $83K total declared value · Most recent: May 2026 (misc)

MiscMay 2026Final Inspection

$12K

SCHERER BROTHERS LUMBER CO

MiscAug 2021Closed

$6K

Summit Construction Group

ExistresOct 2020Closed

Airic's Heating & Air Conditioning Inc

ExistresApr 2020Closed

Erickson Plumbing Heating Cooling Inc

ResOct 2019Closed

Nybo Peterson Plumbing Co 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 width50 ft

Buildable depth59 ft

Area~2,952 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 2,952 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
346 ELMWOOD PL W MINNEAPOLIS MN 55419	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	61 ft
348 ELMWOOD PL W MINNEAPOLIS MN 55419	LUKE O'NEIL	RESIDENTIAL	$616,000	74 ft
336 ELMWOOD PL W MINNEAPOLIS MN 55419	KARA J & DIMITRI DREKONJA	RESIDENTIAL	$1,083,600	83 ft
27 HIGHVIEW PL MINNEAPOLIS MN 55419	STEVEN IMHOFF	RESIDENTIAL	$949,600	108 ft
35 HIGHVIEW PL MINNEAPOLIS MN 55419	DENNIS A PHILANDER REV TRUST	RESIDENTIAL	$1,835,000	131 ft
330 ELMWOOD PL W MINNEAPOLIS MN 55419	ELIZABETH TEMPLES ET AL	RESIDENTIAL	$1,261,200	160 ft
343 ELMWOOD PL W MINNEAPOLIS MN 55419	S T ANDERSON & B A HAYDEN	RESIDENTIAL	$877,600	175 ft
351 ELMWOOD PL W MINNEAPOLIS MN 55419	D L SCHMID & S E SCHMID	RESIDENTIAL	$700,900	182 ft
339 ELMWOOD PL W MINNEAPOLIS MN 55419	K ULFERS & R C ULFERS	RESIDENTIAL	$986,200	189 ft
335 LONGVIEW TER MINNEAPOLIS MN 55419	O FIERGOLA & T BERNARDY	RESIDENTIAL	$575,700	196 ft

Property History

Most Recent Sale

Date200101

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,017