5032 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824410008

Property Overview

Parcel ID1502824410008

Lot Size4,751 sq ft (0.109 ac)

Lot Dimensions (est.)108 ft wide × 44 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerM E RITCHIE & M R LOADER

Assessed Value$506,000

Land Value$185,000

Building Value$321,000

Annual Tax$7,806

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2013 · $133K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

ResSep 2025Final Inspection

FIRESIDE HEARTH AND HOME

MiscJun 2024Closed

$5K

CRAFTSMEN HOME IMPROVEMENT INC

ResJun 2019Closed

Urban Pine Plumbing and Mechanical Inc

MiscDec 2018Closed

$23K

LINDUS CONSTRUCTION

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

Neighborhood Profile

Page · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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 width31 ft

Buildable depth76 ft

Area~2,251 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 2,251 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5036 LUVERNE AVE MINNEAPOLIS MN 55419	C M GILLIS & R W TAYLOR JR	RESIDENTIAL	$443,000	43 ft
5026 LUVERNE AVE MINNEAPOLIS MN 55419	ANDREA C ROETHKE/T E ROETHKE	RESIDENTIAL	$471,000	49 ft
5038 LUVERNE AVE MINNEAPOLIS MN 55419	CHERYL & KIRK OBER LIV TRUST	RESIDENTIAL	$538,000	87 ft
5022 LUVERNE AVE MINNEAPOLIS MN 55419	S M DYMOND/G E SKEMP-DYMOND	RESIDENTIAL	$648,000	103 ft
5044 LUVERNE AVE MINNEAPOLIS MN 55419	ELIZABETH M WINKELS	RESIDENTIAL	$613,000	130 ft
515 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	GLENN WILLIAM STRAND	RESIDENTIAL	$453,000	130 ft
511 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	M WATSON & J A FINDEN-WATSON	RESIDENTIAL	$567,000	132 ft
5015 LUVERNE AVE MINNEAPOLIS MN 55419	LYNN M SEIFRIED	RESIDENTIAL	$429,000	136 ft
519 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	TIMOTHY A MURPHY	RESIDENTIAL	$453,000	146 ft
507 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	KAREN FAST & MATTHEW K FAST	RESIDENTIAL	$524,000	152 ft

Property History

Most Recent Sale

Date199003

Price$133,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,806