5111 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824410078

Property Overview

Parcel ID1502824410078

Lot Size7,586 sq ft (0.174 ac)

Lot Dimensions (est.)93 ft wide × 82 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerM SCHAEFBAUER/M SCHAEFBAUER

Assessed Value$551,000

Land Value$221,000

Building Value$330,000

Annual Tax$8,676

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $5K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

Marsh Heating & Air Conditioning Co Inc

ResJan 2024Closed

Warners Stellian Co Inc

ResNov 2019Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscOct 2018Closed

$5K

CRAFTSMEN HOME IMPROVEMENT INC

ResJul 2017Closed

Urban Pine Plumbing and Mechanical Inc

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 width80 ft

Buildable depth44 ft

Area~3,537 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 3,537 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5117 LUVERNE AVE MINNEAPOLIS MN 55419	JASON E TEAL/JENNIFER H TEAL	RESIDENTIAL	$558,800	77 ft
501 51ST ST E MINNEAPOLIS MN 55419	N N MATTSON & M M MATTSON	RESIDENTIAL	$512,000	90 ft
5108 PORTLAND AVE MINNEAPOLIS MN 55417	D B WEBB & K J WEBB	RESIDENTIAL	$496,000	119 ft
5112 PORTLAND AVE MINNEAPOLIS MN 55417	ANNA STAUBER & COLTON WITTE	RESIDENTIAL	$526,000	125 ft
5104 PORTLAND AVE MINNEAPOLIS MN 55417	T PETERSON/M SALMON-PETERSON	RESIDENTIAL	$399,000	134 ft
5121 LUVERNE AVE MINNEAPOLIS MN 55419	CURTIS LARKIN & JAYNE DOW	RESIDENTIAL	$685,000	136 ft
5116 PORTLAND AVE MINNEAPOLIS MN 55417	EVELINE PATRICIA SILVA	RESIDENTIAL	$281,000	148 ft
5108 LUVERNE AVE MINNEAPOLIS MN 55419	CHAD A KLOPP & AMY C KLOPP	RESIDENTIAL	$640,000	156 ft
5112 LUVERNE AVE MINNEAPOLIS MN 55419	K M KEPPELER & M E CZEISKA	RESIDENTIAL	$498,000	159 ft
5100 PORTLAND AVE MINNEAPOLIS MN 55417	MICHAEL BROWN & JANET BROWN	RESIDENTIAL	$442,000	163 ft

Property History

Most Recent Sale

Date200208

Price$349,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,676