227 W MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824340003

Property Overview

Parcel ID1502824340003

Lot Size8,864 sq ft (0.203 ac)

Lot Dimensions (est.)56 ft wide × 158 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerK W TRIMBLE & N KRUSE

Assessed Value$1,128,000

Land Value$287,000

Building Value$841,000

Annual Tax$19,591

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2012 · $236K total declared value · Most recent: Oct 2019 (existres)

ExistresOct 2019Closed

Erickson Plumbing Heating Cooling Inc

MiscApr 2019Closed

$1K

CROSSROAD CONSTRUCTION INC

ResJul 2017Closed

MN PLUMBING AND APPLIANCES

Building Re-inspectionJun 2014

$175K

Building Re-inspectionOct 2012

$60K

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 width43 ft

Buildable depth118 ft

Area~5,317 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 5,317 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
223 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	E HOGGARD & S N HOGGARD	RESIDENTIAL	$966,000	64 ft
5339 PLEASANT AVE MINNEAPOLIS MN 55419	DANIEL R & SARAH C KLEIN	RESIDENTIAL	$732,800	115 ft
5326 PLEASANT AVE MINNEAPOLIS MN 55419	J & J BLOMBERG	RESIDENTIAL	$665,000	140 ft
5322 PLEASANT AVE MINNEAPOLIS MN 55419	JUANITA B JONES	RESIDENTIAL	$427,600	144 ft
5330 PLEASANT AVE MINNEAPOLIS MN 55419	MCCORMICK ATHANASES TRUST	RESIDENTIAL	$609,500	151 ft
5318 PLEASANT AVE MINNEAPOLIS MN 55419	JAMES R SIMONS	RESIDENTIAL	$438,900	163 ft
5345 PLEASANT AVE MINNEAPOLIS MN 55419	ZACH LEGEIN	RESIDENTIAL	$599,200	168 ft
5334 PLEASANT AVE MINNEAPOLIS MN 55419	JEFFREY D & ANDREA R KESTER	RESIDENTIAL	$732,700	180 ft
5314 PLEASANT AVE MINNEAPOLIS MN 55419	R MADLON-KAY & D MADLON-KAY	RESIDENTIAL	$421,800	182 ft
221 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	HUFENDICK REV LIV TRUST	RESIDENTIAL	$1,318,000	183 ft

Property History

Most Recent Sale

Date202305

Price$1,100,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,591