5312 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824440108

Property Overview

Parcel ID1602824440108

Lot Size6,890 sq ft (0.158 ac)

Lot Dimensions (est.)128 ft wide × 54 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerBRENDA D HUNTER-HANSON ET AL

Assessed Value$757,500

Land Value$272,000

Building Value$485,500

Annual Tax$12,895

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $35K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$10K

Treeline Roofing and Construction Twin Cities

ExistresJun 2024Expired

Ray N Welter Heating Co

ResApr 2018Closed

Urban Pine Plumbing and Mechanical Inc

MiscNov 2017Closed

$5K

CRAFTSMEN HOME IMPROVEMENT INC

ExistresAug 2017Closed

Advanced Radon Services LLC

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 width44 ft

Buildable depth88 ft

Area~1,223 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 1,223 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
5316 COLFAX AVE S MINNEAPOLIS MN 55419	S B SHANEDLING ET AL	RESIDENTIAL	$622,700	52 ft
5320 COLFAX AVE S MINNEAPOLIS MN 55419	M D'ONOFRIO & J D'ONOFRIO	RESIDENTIAL	$486,000	102 ft
1007 53RD ST W MINNEAPOLIS MN 55419	KATHRYN J CIMA	RESIDENTIAL	$567,600	106 ft
1001 53RD ST W MINNEAPOLIS MN 55419	T L SMITH & M J MOOSBRUGGER	RESIDENTIAL	$656,200	112 ft
1011 53RD ST W MINNEAPOLIS MN 55419	D LEE & M NUDELL	RESIDENTIAL	$666,500	127 ft
5315 DUPONT AVE S MINNEAPOLIS MN 55419	BETH R-S RUSSELL TRUST	RESIDENTIAL	$592,100	142 ft
5319 DUPONT AVE S MINNEAPOLIS MN 55419	HANNAH FECHNER & RYAN CONWAY	RESIDENTIAL	$520,200	151 ft
5324 COLFAX AVE S MINNEAPOLIS MN 55419	GARY FISCHER	RESIDENTIAL	$533,100	152 ft
1015 53RD ST W MINNEAPOLIS MN 55419	JOHN R FRANGIPANE ET AL	RESIDENTIAL	$631,400	162 ft
5321 DUPONT AVE S MINNEAPOLIS MN 55419	S A LOUIE & J P LOUIE	RESIDENTIAL	$607,200	175 ft

Property History

Most Recent Sale

Date202004

Price$630,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,895