1101 53RD ST W MINNEAPOLIS MN 55419

PID: 1602824430146

Property Overview

Parcel ID1602824430146

Lot Size5,853 sq ft (0.134 ac)

Lot Dimensions (est.)45 ft wide × 130 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerJ & M A MEDINA PALOMO

Assessed Value$550,900

Land Value$255,000

Building Value$295,900

Annual Tax$8,937

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $22K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$9K

BORMANN BROTHERS CONTRACTING

RemodelMar 2023Inspection

$6K

RNM FLOORING AND REMODELS LLC

MiscJul 2022Closed

$7K

STANDARD WATER CONTROL SYSTEMS INC

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresNov 2021Closed

GV Heating and Air Inc

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/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 width32 ft

Buildable depth90 ft

Area~2,882 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 2,882 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
1107 53RD ST W MINNEAPOLIS MN 55419	CALVIN MAI & JILLIAN MAI	RESIDENTIAL	$613,200	45 ft
1111 53RD ST W MINNEAPOLIS MN 55419	MARGARET E LASOTA	RESIDENTIAL	$555,200	90 ft
5314 DUPONT AVE S MINNEAPOLIS MN 55419	DAVID ARCHER & AMY ERICKSON	RESIDENTIAL	$478,600	108 ft
1019 53RD ST W MINNEAPOLIS MN 55419	DAVID J RUTT	RESIDENTIAL	$716,600	111 ft
1115 53RD ST W MINNEAPOLIS MN 55419	M SUBRAMANI & S SUBRAMANI	RESIDENTIAL	$514,100	135 ft
5318 DUPONT AVE S MINNEAPOLIS MN 55419	JOHN M & SOFIA B A STERN	RESIDENTIAL	$626,300	147 ft
1015 53RD ST W MINNEAPOLIS MN 55419	JOHN R FRANGIPANE ET AL	RESIDENTIAL	$631,400	164 ft
5315 DUPONT AVE S MINNEAPOLIS MN 55419	BETH R-S RUSSELL TRUST	RESIDENTIAL	$592,100	179 ft
1119 53RD ST W MINNEAPOLIS MN 55419	ROCHELL SPECHT GIFFORD	RESIDENTIAL	$589,300	180 ft
5322 DUPONT AVE S MINNEAPOLIS MN 55419	PAUL D KRANZ & LANI M KRANZ	RESIDENTIAL	$596,300	187 ft

Property History

Most Recent Sale

Date200611

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,937