5054 FREMONT AVE S MINNEAPOLIS MN 55419

PID: 1602824420059

Property Overview

Parcel ID1602824420059

Lot Size5,309 sq ft (0.122 ac)

Lot Dimensions (est.)99 ft wide × 54 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerS H MAYS & B E KNOTT

Assessed Value$993,000

Land Value$333,000

Building Value$660,000

Annual Tax$17,038

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2014 · $132K total declared value · Most recent: Jul 2018 (existres)

ExistresJul 2018Closed

Erickson Plumbing Heating Cooling Inc

MiscJul 2018Closed

$2K

CROSSROAD CONSTRUCTION INC

Building Re-inspectionFeb 2014

$130K

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 width86 ft

Buildable depth14 ft

Area~2,628 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 2,628 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	67 ft
5044 FREMONT AVE S MINNEAPOLIS MN 55419	P D DURAND & J C DURAND	RESIDENTIAL	$992,300	116 ft
1308 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	C SLATTERY & A A SLATTERY	RESIDENTIAL	$1,024,600	158 ft
5055 FREMONT AVE S MINNEAPOLIS MN 55419	P D BUSH & K E BISHOP	RESIDENTIAL	$952,700	159 ft
1300 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	AMY L HOWE & ERIC J HOWE	RESIDENTIAL	$1,121,700	159 ft
5051 FREMONT AVE S MINNEAPOLIS MN 55419	J R & K F CRANNEY	RESIDENTIAL	$1,120,500	164 ft
5038 FREMONT AVE S MINNEAPOLIS MN 55419	ADAM SCHOWENGERDT ET AL	RESIDENTIAL	$749,900	164 ft
1314 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	D H RODRIGUEZ/K R JAGERS	RESIDENTIAL	$1,005,400	180 ft
5043 FREMONT AVE S MINNEAPOLIS MN 55419	J G STEINBERG/K V WATSON	RESIDENTIAL	$841,200	190 ft
1219 51ST ST W MINNEAPOLIS MN 55419	MYER JOY	RESIDENTIAL	$1,088,600	203 ft

Property History

Most Recent Sale

Date201306

Price$621,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,038