5103 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824410144

Property Overview

Parcel ID1602824410144

Lot Size6,417 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerJ LIPINSKY & C LIPINSKY

Assessed Value$833,900

Land Value$312,000

Building Value$521,900

Annual Tax$14,028

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2018 · $196K total declared value · Most recent: Aug 2024 (existres)

ExistresAug 2024Closed

Pronto Heating & Air Conditioning Inc

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResApr 2024Closed

Nybo Peterson Plumbing Co Inc

ExistresFeb 2024Closed

4Front Energy Solutions Inc

RemodelJan 2024Closed

$65K

NORTHRUP REMODELING

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

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 width115 ft

Buildable depth10 ft

Area~3,268 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 3,268 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5105 COLFAX AVE S MINNEAPOLIS MN 55419	M WIERSGALLA & J EVANS	RESIDENTIAL	$862,000	50 ft
5109 COLFAX AVE S MINNEAPOLIS MN 55419	DAVID R KROOS REVOCABLE TR	RESIDENTIAL	$705,200	100 ft
5055 COLFAX AVE S MINNEAPOLIS MN 55419	FRANKLIN C JESSE JR & WIFE	RESIDENTIAL	$1,000,000	115 ft
5100 BRYANT AVE S MINNEAPOLIS MN 55419	JOAN K ZENISEK	RESIDENTIAL	$730,800	142 ft
5115 COLFAX AVE S MINNEAPOLIS MN 55419	DEBORAH J KAVANEY TRUST	RESIDENTIAL	$734,800	150 ft
5104 BRYANT AVE S MINNEAPOLIS MN 55419	RACHEL E TRAVER REVOC TRUST	RESIDENTIAL	$996,900	151 ft
5108 BRYANT AVE S MINNEAPOLIS MN 55419	J A RUBENSTEIN TRUST ET AL	RESIDENTIAL	$881,400	174 ft
5049 COLFAX AVE S MINNEAPOLIS MN 55419	J A & E S WALTHOUR	RESIDENTIAL	$894,600	175 ft
5054 BRYANT AVE S MINNEAPOLIS MN 55419	A VAVOULIS & E VAVOULIS	RESIDENTIAL	$723,600	182 ft
5100 COLFAX AVE S MINNEAPOLIS MN 55419	FREDRIC C & NANCY DRIVER	RESIDENTIAL	$843,600	188 ft

Property History

Most Recent Sale

Date201108

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,028