521 53RD ST W MINNEAPOLIS MN 55419

PID: 1502824330065

Property Overview

Parcel ID1502824330065

Lot Size5,558 sq ft (0.128 ac)

Lot Dimensions (est.)45 ft wide × 123 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerK H A & J D VON REUTER

Assessed Value$505,000

Land Value$208,000

Building Value$297,000

Annual Tax$7,806

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2020 · $2K total declared value · Most recent: Aug 2025 (res)

ResAug 2025Inspection

Norblom Plumbing Co

ResJan 2023Closed

Warners Stellian Co Inc

ResDec 2022Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ExistresApr 2022Closed

Standard Heating and Air Conditioning Inc

ResSep 2021Closed

CenterPoint Energy Resource Corp

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

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 width32 ft

Buildable depth83 ft

Area~2,673 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 2,673 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
519 53RD ST W MINNEAPOLIS MN 55419	KEN W BURG & JANE A BURG	RESIDENTIAL	$354,200	45 ft
515 53RD ST W MINNEAPOLIS MN 55419	K R RUBIN & L L OTTMAR	RESIDENTIAL	$444,000	90 ft
5311 GARFIELD AVE MINNEAPOLIS MN 55419	L C ANDERSON & B ANDERSON	RESIDENTIAL	$418,000	93 ft
5327 GARFIELD AVE MINNEAPOLIS MN 55419	NANCY E MULRENNAN	RESIDENTIAL	$383,200	129 ft
509 53RD ST W MINNEAPOLIS MN 55419	L M FRAZHER & V L FRAZHER	RESIDENTIAL	$516,900	134 ft
5331 GARFIELD AVE MINNEAPOLIS MN 55419	R G PEREZ & J M LOPEZ-LOPEZ	RESIDENTIAL	$319,000	167 ft
524 53RD ST W MINNEAPOLIS MN 55419	J DONOVAN & C SOLHEID	RESIDENTIAL	$714,200	178 ft
505 53RD ST W MINNEAPOLIS MN 55419	WADE BRENNOM/KESHA BRENNOM	RESIDENTIAL	$496,200	179 ft
520 53RD ST W MINNEAPOLIS MN 55419	ELIZABETH MARX & BRIAN MARX	RESIDENTIAL	$615,600	183 ft
600 53RD ST W MINNEAPOLIS MN 55419	SUSAN ELIZABETH SALY	RESIDENTIAL	$444,800	197 ft

Property History

Most Recent Sale

Date201212

Price$362,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,806