1115 53RD ST W MINNEAPOLIS MN 55419

PID: 1602824430149

Property Overview

Parcel ID1602824430149

Lot Size5,853 sq ft (0.134 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerM SUBRAMANI & S SUBRAMANI

Assessed Value$514,100

Land Value$255,000

Building Value$259,100

Annual Tax$7,974

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $13K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Final Inspection

$9K

J ROBERT ROOFING

MiscSep 2024Closed

$4K

Holmlund Masonry Inc

ResOct 2023Expired

FIRESIDE HEARTH AND HOME

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResJun 2018Closed

Urban Pine Plumbing and Mechanical 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth90 ft

Area~3,153 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 3,153 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1111 53RD ST W MINNEAPOLIS MN 55419	MARGARET E LASOTA	RESIDENTIAL	$555,200	45 ft
1119 53RD ST W MINNEAPOLIS MN 55419	ROCHELL SPECHT GIFFORD	RESIDENTIAL	$589,300	45 ft
1107 53RD ST W MINNEAPOLIS MN 55419	CALVIN MAI & JILLIAN MAI	RESIDENTIAL	$613,200	90 ft
1123 53RD ST W MINNEAPOLIS MN 55419	S M ANDERSON & T J ANDERSON	RESIDENTIAL-TWO UNIT	$544,200	90 ft
5311 EMERSON AVE S MINNEAPOLIS MN 55419	CAMERON CLARKE	RESIDENTIAL	$437,400	111 ft
1101 53RD ST W MINNEAPOLIS MN 55419	J & M A MEDINA PALOMO	RESIDENTIAL	$550,900	135 ft
5314 DUPONT AVE S MINNEAPOLIS MN 55419	DAVID ARCHER & AMY ERICKSON	RESIDENTIAL	$478,600	137 ft
5315 EMERSON AVE S MINNEAPOLIS MN 55419	THOMAS WILLIAM RANSOM	RESIDENTIAL	$513,100	150 ft
5318 DUPONT AVE S MINNEAPOLIS MN 55419	JOHN M & SOFIA B A STERN	RESIDENTIAL	$626,300	170 ft
5319 EMERSON AVE S MINNEAPOLIS MN 55419	STRAHAN FAMILY TRUST	RESIDENTIAL	$414,000	189 ft

Property History

Most Recent Sale

Date202304

Price$585,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,974