25 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420099

Property Overview

Parcel ID1502824420099

Lot Size4,045 sq ft (0.093 ac)

Lot Dimensions (est.)106 ft wide × 38 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerCAROLINE CUNINGHAM ASKEW

Assessed Value$479,800

Land Value$184,000

Building Value$295,800

Annual Tax$7,399

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2017 · Most recent: Sep 2018 (existres)

ExistresSep 2018Closed

TEAM MECHANICAL INC

ResMar 2017Closed

Warners Stellian Co Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

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 width34 ft

Buildable depth52 ft

Area~1,798 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 1,798 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
35 LUVERNE AVE MINNEAPOLIS MN 55419	BRENDAN T HUBBARD	RESIDENTIAL	$339,800	53 ft
21 LUVERNE AVE MINNEAPOLIS MN 55419	BRANDON VIETH/JENNA PEDERSON	RESIDENTIAL	$534,600	55 ft
45 LUVERNE AVE MINNEAPOLIS MN 55419	JOHN PAUL KOTZ/JILLIAN KOTZ	RESIDENTIAL	$808,200	99 ft
17 ELMWOOD PL E MINNEAPOLIS MN 55419	R D REUTER & A CHRISTENSEN	RESIDENTIAL	$969,900	122 ft
24 LUVERNE AVE MINNEAPOLIS MN 55419	L L B MANOR & J D MANOR	RESIDENTIAL	$517,000	148 ft
20 LUVERNE AVE MINNEAPOLIS MN 55419	MERRITT L CAMPBELL	RESIDENTIAL	$325,700	153 ft
30 LUVERNE AVE MINNEAPOLIS MN 55419	ALICE KING MOORMANN	RESIDENTIAL	$473,900	164 ft
105 ELMWOOD PL E MINNEAPOLIS MN 55419	ERIKA F ARMS & JOHN P ARMS	RESIDENTIAL	$578,800	173 ft
51 LUVERNE AVE MINNEAPOLIS MN 55419	GEOFFREY SCHILZ/JULIE SCHILZ	RESIDENTIAL	$772,800	178 ft
16 LUVERNE AVE MINNEAPOLIS MN 55419	D J O'NEIL & D M O'NEIL	RESIDENTIAL	$575,200	184 ft

Property History

Most Recent Sale

Date201509

Price$380,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$7,399