1206 53RD ST W MINNEAPOLIS MN 55419

PID: 1602824430062

Property Overview

Parcel ID1602824430062

Lot Size6,030 sq ft (0.138 ac)

Lot Dimensions (est.)47 ft wide × 129 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerB W & J C OBERST

Assessed Value$686,600

Land Value$346,000

Building Value$340,600

Annual Tax$11,515

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2010 · $201K total declared value · Most recent: May 2026 (misc)

MiscMay 2026Final Inspection

$11K

KRECH EXTERIORS INC

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresDec 2020Closed

Genz-Ryan Plumbing and Heating Co

ResAug 2020Closed

Warners Stellian Co Inc

AccessoryAug 2018Closed

$16K

SUSSEL CORP

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth91 ft

Area~3,272 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 3,272 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1202 53RD ST W MINNEAPOLIS MN 55419	S P CLARK & A CLARK	RESIDENTIAL	$648,200	46 ft
1210 53RD ST W MINNEAPOLIS MN 55419	MARCY TWETE & CHARLES BECK	RESIDENTIAL	$1,027,500	47 ft
1214 53RD ST W MINNEAPOLIS MN 55419	LORI A WADDICK	RESIDENTIAL	$586,800	93 ft
1200 53RD ST W MINNEAPOLIS MN 55419	NICHOLAS KUBIT/SARAH KUBIT	RESIDENTIAL	$562,100	93 ft
1122 53RD ST W MINNEAPOLIS MN 55419	MATTHEW LLOYD/KERRY J LLOYD	RESIDENTIAL	$625,100	139 ft
1218 53RD ST W MINNEAPOLIS MN 55419	RICHARD M SCHUBERT ET AL TR	RESIDENTIAL	$600,700	140 ft
1209 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	B A JARVIS & J JARVIS	RESIDENTIAL	$621,300	142 ft
1205 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	DUSTIN HANSEN/SARAH BRANIGAN	RESIDENTIAL	$807,400	149 ft
1211 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	KAREN HOLLEY HORRELL TRUST	RESIDENTIAL	$826,800	154 ft
1201 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	PETER E SYVERTSEN ET AL	RESIDENTIAL	$627,000	170 ft

Property History

Most Recent Sale

Date199704

Price$180,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,515