5600 42ND AVE S MINNEAPOLIS MN 55417

PID: 1902823130002

Property Overview

Parcel ID1902823130002

Lot Size5,778 sq ft (0.133 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerB KORNELIS & P KORNELIS

Assessed Value$377,700

Land Value$111,000

Building Value$266,700

Annual Tax$5,649

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2018 · $34K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscJul 2021Closed

$6K

NOKOMIS ROOFING CO

ExistresJan 2021Closed

ST PAUL PLUMBING AND HEATING CO INC

ExistresSep 2020Closed

Perfection Heating and Air Conditioning Inc

RemodelSep 2020Closed

$25K

HOMECARE INC

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

Neighborhood Profile

Morris Park · Minneapolis

Median reported rent1,438/mo

Renter-occupied18.6%

Median home value$267K

Vacancy rate2.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 121.02

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

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 width115 ft

Buildable depth5 ft

Area~2,828 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 2,828 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
5604 42ND AVE S MINNEAPOLIS MN 55417	JEFFREY HILL & MOLLY HILL	RESIDENTIAL	$365,900	42 ft
5608 42ND AVE S MINNEAPOLIS MN 55417	MICHELE RAE ROSSBACH	RESIDENTIAL	$275,100	84 ft
5556 42ND AVE S MINNEAPOLIS MN 55417	JASON ROBEY & ATHENA CURRIER	RESIDENTIAL	$371,700	113 ft
5612 42ND AVE S MINNEAPOLIS MN 55417	JAIME MARIE RIVERO	RESIDENTIAL	$305,700	127 ft
5601 41ST AVE S MINNEAPOLIS MN 55417	NEAL LYKKE	RESIDENTIAL	$291,600	142 ft
5605 41ST AVE S MINNEAPOLIS MN 55417	ZACHARY P POLFLIET	RESIDENTIAL	$233,000	148 ft
5609 41ST AVE S MINNEAPOLIS MN 55417	E D & P F DICKEY	RESIDENTIAL	$345,000	165 ft
5616 42ND AVE S MINNEAPOLIS MN 55417	R A ENGE & D L ENGE	RESIDENTIAL	$283,700	170 ft
5557 41ST AVE S MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	172 ft
5548 42ND AVE S MINNEAPOLIS MN 55417	R H GOTT & M E VOSSLER	RESIDENTIAL-TWO UNIT	$444,600	173 ft

Property History

Most Recent Sale

Date201703

Price$279,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,649