45 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420101

Property Overview

Parcel ID1502824420101

Lot Size11,342 sq ft (0.260 ac)

Lot Dimensions (est.)99 ft wide × 114 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerJOHN PAUL KOTZ/JILLIAN KOTZ

Assessed Value$808,200

Land Value$290,000

Building Value$518,200

Annual Tax$13,542

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

2 permits on record since 2017 · Most recent: Jun 2024 (res)

ResJun 2024Closed

Glowing Hearth & Home LLC

ResJan 2017Closed

CENTERPOINT ENERGY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width89 ft

Buildable depth75 ft

Area~6,873 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 6,873 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
35 LUVERNE AVE MINNEAPOLIS MN 55419	BRENDAN T HUBBARD	RESIDENTIAL	$339,800	84 ft
51 LUVERNE AVE MINNEAPOLIS MN 55419	GEOFFREY SCHILZ/JULIE SCHILZ	RESIDENTIAL	$772,800	90 ft
21 LUVERNE AVE MINNEAPOLIS MN 55419	BRANDON VIETH/JENNA PEDERSON	RESIDENTIAL	$534,600	98 ft
25 LUVERNE AVE MINNEAPOLIS MN 55419	CAROLINE CUNINGHAM ASKEW	RESIDENTIAL	$479,800	99 ft
46 LUVERNE AVE MINNEAPOLIS MN 55419	LUIS GOMEZ HUERTA	RESIDENTIAL	$450,300	170 ft
42 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	RESIDENTIAL	$460,900	171 ft
57 LUVERNE AVE MINNEAPOLIS MN 55419	MARY K PIERCE REV TRUST	RESIDENTIAL	$573,300	176 ft
50 LUVERNE AVE MINNEAPOLIS MN 55419	A PETERSON & M PETERSON	RESIDENTIAL	$742,700	177 ft
54 LUVERNE AVE MINNEAPOLIS MN 55419	C POGEMILLER & S POGEMILLER	RESIDENTIAL	$678,800	180 ft
17 ELMWOOD PL E MINNEAPOLIS MN 55419	R D REUTER & A CHRISTENSEN	RESIDENTIAL	$969,900	183 ft

Property History

Most Recent Sale

Date202503

Price$905,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,542