5225 37TH AVE S MINNEAPOLIS MN 55417

PID: 1802823340025

Property Overview

Parcel ID1802823340025

Lot Size5,141 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerK E SHAVER & P A SHAVER

Assessed Value$339,000

Land Value$136,000

Building Value$203,000

Annual Tax$5,004

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $61K total declared value · Most recent: Jul 2023 (existres)

ExistresJul 2023Closed

Standard Heating and Air Conditioning Inc

ExistresFeb 2022Closed

Perfection Heating and Air Conditioning Inc

ResJan 2022Closed

Master Plumbing Services LLC

RemodelJan 2022Closed

$42K

Cultivate Construction LLC

ResDec 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width30 ft

Buildable depth89 ft

Area~2,655 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 2,655 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5229 37TH AVE S MINNEAPOLIS MN 55417	B I HATFIELD & H K MCGEE	RESIDENTIAL	$263,100	40 ft
5221 37TH AVE S MINNEAPOLIS MN 55417	RACHEL LINERS/THOMAS LINERS	RESIDENTIAL	$340,000	40 ft
5233 37TH AVE S MINNEAPOLIS MN 55417	KRISTI A MONSON	RESIDENTIAL	$323,000	80 ft
5217 37TH AVE S MINNEAPOLIS MN 55417	J L PLUMMER & A R BAIZERMAN	RESIDENTIAL	$355,400	80 ft
5237 37TH AVE S MINNEAPOLIS MN 55417	CHAD W ECHOLS	RESIDENTIAL	$352,700	120 ft
5215 37TH AVE S MINNEAPOLIS MN 55417	B P CHRISTENSEN ET AL	RESIDENTIAL	$324,000	120 ft
5224 38TH AVE S MINNEAPOLIS MN 55417	KATHERINE CARLSEN	RESIDENTIAL	$313,600	142 ft
5228 38TH AVE S MINNEAPOLIS MN 55417	DAVID A OLSON	RESIDENTIAL	$358,400	147 ft
5220 38TH AVE S MINNEAPOLIS MN 55417	PATRICIA A WARD	RESIDENTIAL	$303,700	148 ft
5241 37TH AVE S MINNEAPOLIS MN 55417	JENNIFER A HELM	RESIDENTIAL	$261,000	160 ft

Property History

Most Recent Sale

Date202306

Price$345,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,004