1019 53RD ST W MINNEAPOLIS MN 55419

PID: 1602824440090

Property Overview

Parcel ID1602824440090

Lot Size7,366 sq ft (0.169 ac)

Lot Dimensions (est.)58 ft wide × 128 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerDAVID J RUTT

Assessed Value$716,600

Land Value$281,000

Building Value$435,600

Annual Tax$12,143

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2007 · $102K total declared value · Most recent: Jan 2024 (res)

ResJan 2024Expired

Warners Stellian Co Inc

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResAug 2021Closed

Pronto Heating & Air Conditioning Inc

Building Re-inspectionMar 2007

$102K

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 width45 ft

Buildable depth88 ft

Area~3,921 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 3,921 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1015 53RD ST W MINNEAPOLIS MN 55419	JOHN R FRANGIPANE ET AL	RESIDENTIAL	$631,400	53 ft
1011 53RD ST W MINNEAPOLIS MN 55419	D LEE & M NUDELL	RESIDENTIAL	$666,500	106 ft
5315 DUPONT AVE S MINNEAPOLIS MN 55419	BETH R-S RUSSELL TRUST	RESIDENTIAL	$592,100	111 ft
1101 53RD ST W MINNEAPOLIS MN 55419	J & M A MEDINA PALOMO	RESIDENTIAL	$550,900	111 ft
1107 53RD ST W MINNEAPOLIS MN 55419	CALVIN MAI & JILLIAN MAI	RESIDENTIAL	$613,200	156 ft
1007 53RD ST W MINNEAPOLIS MN 55419	KATHRYN J CIMA	RESIDENTIAL	$567,600	161 ft
5319 DUPONT AVE S MINNEAPOLIS MN 55419	HANNAH FECHNER & RYAN CONWAY	RESIDENTIAL	$520,200	161 ft
5314 DUPONT AVE S MINNEAPOLIS MN 55419	DAVID ARCHER & AMY ERICKSON	RESIDENTIAL	$478,600	183 ft
1024 53RD ST W MINNEAPOLIS MN 55419	P T NELSON & J PAIGE NELSON	RESIDENTIAL	$866,000	198 ft
1020 53RD ST W MINNEAPOLIS MN 55419	JAMES EUBANKS/CAROL EUBANKS	RESIDENTIAL	$885,000	200 ft

Property History

Most Recent Sale

Date200111

Price$200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,143