51 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420102

Property Overview

Parcel ID1502824420102

Lot Size13,205 sq ft (0.303 ac)

Lot Dimensions (est.)85 ft wide × 155 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerGEOFFREY SCHILZ/JULIE SCHILZ

Assessed Value$772,800

Land Value$307,000

Building Value$465,800

Annual Tax$12,871

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

4 permits on record since 2017 · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

SODERLIN PLUMBING HEATING AND AIR

ResMay 2024Closed

Urban Pine Plumbing and Mechanical Inc

ResSep 2023Closed

Dean's Professional Plumbing Inc

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 width75 ft

Buildable depth115 ft

Area~8,670 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 8,670 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
57 LUVERNE AVE MINNEAPOLIS MN 55419	MARY K PIERCE REV TRUST	RESIDENTIAL	$573,300	89 ft
45 LUVERNE AVE MINNEAPOLIS MN 55419	JOHN PAUL KOTZ/JILLIAN KOTZ	RESIDENTIAL	$808,200	90 ft
121 ELMWOOD PL E MINNEAPOLIS MN 55419	MICHAEL IREI/JENNIFER A IREI	RESIDENTIAL	$754,400	151 ft
21 LUVERNE AVE MINNEAPOLIS MN 55419	BRANDON VIETH/JENNA PEDERSON	RESIDENTIAL	$534,600	152 ft
111 ELMWOOD PL E MINNEAPOLIS MN 55419	CARLY BEETSCH & CORBIN DOTY	RESIDENTIAL	$638,100	153 ft
54 LUVERNE AVE MINNEAPOLIS MN 55419	C POGEMILLER & S POGEMILLER	RESIDENTIAL	$678,800	166 ft
35 LUVERNE AVE MINNEAPOLIS MN 55419	BRENDAN T HUBBARD	RESIDENTIAL	$339,800	174 ft
25 LUVERNE AVE MINNEAPOLIS MN 55419	CAROLINE CUNINGHAM ASKEW	RESIDENTIAL	$479,800	178 ft
105 ELMWOOD PL E MINNEAPOLIS MN 55419	ERIKA F ARMS & JOHN P ARMS	RESIDENTIAL	$578,800	180 ft
50 LUVERNE AVE MINNEAPOLIS MN 55419	A PETERSON & M PETERSON	RESIDENTIAL	$742,700	188 ft

Property History

Most Recent Sale

Date201207

Price$436,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,871