5044 FREMONT AVE S MINNEAPOLIS MN 55419

PID: 1602824420057

Property Overview

Parcel ID1602824420057

Lot Size7,304 sq ft (0.168 ac)

Lot Dimensions (est.)164 ft wide × 45 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerP D DURAND & J C DURAND

Assessed Value$992,300

Land Value$376,000

Building Value$616,300

Annual Tax$17,024

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2008 · $194K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

MiscJul 2021Closed

$15K

Neighborly Property Group LLC

Building Re-inspectionNov 2008

$178K

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 width151 ft

Buildable depth5 ft

Area~4,368 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 4,368 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5048 FREMONT AVE S MINNEAPOLIS MN 55419	R K MAKI & S H MILLER	RESIDENTIAL	$643,700	50 ft
5038 FREMONT AVE S MINNEAPOLIS MN 55419	ADAM SCHOWENGERDT ET AL	RESIDENTIAL	$749,900	51 ft
5032 FREMONT AVE S MINNEAPOLIS MN 55419	S PUMROY & S RUBINSTEIN	RESIDENTIAL	$618,500	101 ft
5037 GIRARD AVE S MINNEAPOLIS MN 55419	PATRICK J SULLIVAN ET AL	RESIDENTIAL	$555,100	104 ft
5054 FREMONT AVE S MINNEAPOLIS MN 55419	S H MAYS & B E KNOTT	RESIDENTIAL	$993,000	116 ft
5028 FREMONT AVE S MINNEAPOLIS MN 55419	A F KRESSER III/K M KRESSER	RESIDENTIAL	$594,900	146 ft
5033 GIRARD AVE S MINNEAPOLIS MN 55419	SCOTT P VANKOUGHNETT	RESIDENTIAL	$437,100	149 ft
5029 GIRARD AVE S MINNEAPOLIS MN 55419	ALISON VANCE ET AL	RESIDENTIAL	$680,000	184 ft
5024 FREMONT AVE S MINNEAPOLIS MN 55419	TIMOTHY R SCHUPP ET AL	RESIDENTIAL	$836,500	185 ft
5043 FREMONT AVE S MINNEAPOLIS MN 55419	J G STEINBERG/K V WATSON	RESIDENTIAL	$841,200	197 ft

Property History

Most Recent Sale

Date200110

Price$380,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,024