5145 OLIVER AVE S MINNEAPOLIS MN 55419

PID: 1602824320147

Property Overview

Parcel ID1602824320147

Lot Size5,157 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerMARK PIERSON/MAIJA AITTOLA

Assessed Value$626,500

Land Value$295,000

Building Value$331,500

Annual Tax$10,103

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $168K total declared value · Most recent: Sep 2021 (misc)

MiscSep 2021Closed

$7K

PRESIDENTIAL CONSTRUCTION INC

MiscAug 2020Closed

$12K

Mohler Chimney Repair LLC

ResJul 2019Closed

Linn Star Transfer Inc

ExistresMar 2019Closed

APPLIED ENERGY INNOVATIONS LLC

ResFeb 2019Closed

Fineline Mechanical Services Inc

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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 width30 ft

Buildable depth89 ft

Area~2,668 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 2,668 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5141 OLIVER AVE S MINNEAPOLIS MN 55419	P J HYNES & H N REIN	RESIDENTIAL	$816,000	47 ft
5149 OLIVER AVE S MINNEAPOLIS MN 55419	N ALDAHONDO & B KEIST	RESIDENTIAL	$998,600	50 ft
5133 OLIVER AVE S MINNEAPOLIS MN 55419	B SHEPARD JR & A W GODFREY	RESIDENTIAL	$930,000	107 ft
5157 OLIVER AVE S MINNEAPOLIS MN 55419	JUDITH S JOHNSON	RESIDENTIAL	$878,100	110 ft
5140 NEWTON AVE S MINNEAPOLIS MN 55419	M W KESSLER & P M KESSLER	RESIDENTIAL	$1,069,000	142 ft
5136 NEWTON AVE S MINNEAPOLIS MN 55419	P M KRISKE & C G KRISKE	RESIDENTIAL	$852,500	160 ft
5129 OLIVER AVE S MINNEAPOLIS MN 55419	S E SCOTT & M SCOTT	RESIDENTIAL	$612,200	160 ft
5156 NEWTON AVE S MINNEAPOLIS MN 55419	LORILYN J GOTTSCHALK	RESIDENTIAL	$814,900	179 ft
5148 OLIVER AVE S MINNEAPOLIS MN 55419	D R LAMAGDELEINE TRUST ET AL	RESIDENTIAL	$708,900	190 ft
5140 OLIVER AVE S MINNEAPOLIS MN 55419	J M ROLLER & S A ROLLER	RESIDENTIAL	$731,400	191 ft

Property History

Most Recent Sale

Date201204

Price$348,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,103