1400 47TH ST W MINNEAPOLIS MN 55419

PID: 1602824120036

Property Overview

Parcel ID1602824120036

Lot Size10,754 sq ft (0.247 ac)

Lot Dimensions (est.)72 ft wide × 149 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerERIN A SKALA & JACOB C SKALA

Assessed Value$1,368,700

Land Value$520,000

Building Value$848,700

Annual Tax$24,144

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2013 · $121K total declared value · Most recent: Apr 2021 (res)

ResApr 2021Closed

Warners Stellian Co Inc

MiscFeb 2019Closed

$9K

CROSSROAD CONSTRUCTION INC

Building Re-inspectionApr 2013

$113K

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width59 ft

Buildable depth109 ft

Area~6,457 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 6,457 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1326 47TH ST W MINNEAPOLIS MN 55419	JOSEPH M MELAND & WIFE	RESIDENTIAL	$1,236,200	76 ft
4647 HUMBOLDT AVE S MINNEAPOLIS MN 55419	KRISTEN TRACY REVOCABLE TRST	RESIDENTIAL	$1,925,700	85 ft
4639 HUMBOLDT AVE S MINNEAPOLIS MN 55419	P L KELLY & J JY-SHIAN HWA	RESIDENTIAL	$961,100	115 ft
1318 47TH ST W MINNEAPOLIS MN 55419	J R TETER & E G ABY	RESIDENTIAL	$1,040,300	155 ft
4700 GIRARD AVE S MINNEAPOLIS MN 55419	E A HENNEN & N A HENNEN	RESIDENTIAL	$963,400	180 ft
4631 HUMBOLDT AVE S MINNEAPOLIS MN 55419	C E HOUSE & T C HOUSE	RESIDENTIAL	$1,638,100	207 ft
4701 HUMBOLDT AVE S MINNEAPOLIS MN 55419	M LAWAL & J A LAWAL	RESIDENTIAL	$1,239,000	238 ft
4701 GIRARD AVE S MINNEAPOLIS MN 55419	GARY J & JOAN E GORDON	RESIDENTIAL	$1,393,900	244 ft
4710 GIRARD AVE S MINNEAPOLIS MN 55419	HOLTZMAN LIVING TRUST	RESIDENTIAL	$763,600	258 ft
4637 E LAKE HARRIET PKWY MINNEAPOLIS MN 55419	SHARLEE BENSON	RESIDENTIAL	$1,631,900	262 ft

Property History

Most Recent Sale

Date201006

Price$1,022,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$24,144