4824 PENN AVE S MINNEAPOLIS MN 55419

PID: 1702824140114

Property Overview

Parcel ID1702824140114

Lot Size9,227 sq ft (0.212 ac)

Lot Dimensions (est.)126 ft wide × 73 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMALINI B DESILVA REV TRUST

Assessed Value$1,261,100

Land Value$582,000

Building Value$679,100

Annual Tax$22,109

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $88K total declared value · Most recent: Aug 2022 (existres)

ExistresAug 2022Closed

Southtown Plumbing Inc

ResAug 2022Closed

Southtown Plumbing Inc

RemodelJul 2022Closed

$88K

WALDENWOOD LTD

ResOct 2021Closed

Twin City Fireplace & Stone Company

ResFeb 2021Closed

Warners Stellian Co Inc

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 106

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 width64 ft

Buildable depth85 ft

Area~5,428 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 5,428 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
4820 PENN AVE S MINNEAPOLIS MN 55419	J GOLDEN & E EATON	RESIDENTIAL	$1,047,000	61 ft
4828 PENN AVE S MINNEAPOLIS MN 55419	MEGHAN MOORE/NATHANIEL MOORE	RESIDENTIAL	$1,067,400	74 ft
4816 PENN AVE S MINNEAPOLIS MN 55419	K A BURNETT & J S BURNETT	RESIDENTIAL	$987,500	117 ft
4827 QUEEN AVE S MINNEAPOLIS MN 55410	MARLA J KINNEY REV TRUST	RESIDENTIAL	$1,184,500	142 ft
4831 QUEEN AVE S MINNEAPOLIS MN 55410	N C BLUHM & K R KLETTER	RESIDENTIAL	$1,062,100	143 ft
4835 QUEEN AVE S MINNEAPOLIS MN 55410	A C DAVILA & E G GLENNY	RESIDENTIAL	$1,007,200	162 ft
4825 QUEEN AVE S MINNEAPOLIS MN 55410	P A CRAIN & J H CRAIN	RESIDENTIAL	$1,890,900	175 ft
4831 PENN AVE S MINNEAPOLIS MN 55419	K R COCHRAN & H V MOORE	RESIDENTIAL	$1,136,000	196 ft
4825 PENN AVE S MINNEAPOLIS MN 55419	R J LONG II & G C DRIESSEN	RESIDENTIAL	$871,900	197 ft
4821 PENN AVE S MINNEAPOLIS MN 55419	THOMAS E ANDERSON	RESIDENTIAL	$1,048,400	211 ft

Property History

Most Recent Sale

Date202012

Price$990,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$22,109