5500 RICHMOND CUR MINNEAPOLIS MN 55410

PID: 2002824110071

Property Overview

Parcel ID2002824110071

Lot Size6,388 sq ft (0.147 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerM S KANNE & K KANNE

Assessed Value$560,600

Land Value$236,000

Building Value$324,600

Annual Tax$8,858

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $50K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

Deschene Enterprises Inc

RemodelOct 2022Closed

$45K

Solid Ground Construction Company

ResAug 2022Closed

Master Plumbing Services LLC

RemodelDec 2017Closed

$5K

Safe Basements of MN

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

Neighborhood Profile

Armatage · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 width114 ft

Buildable depth10 ft

Area~3,246 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 3,246 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 RICHMOND CUR MINNEAPOLIS MN 55410	I L FLEURY & E B FLEURY	RESIDENTIAL	$557,600	50 ft
5508 RICHMOND CUR MINNEAPOLIS MN 55410	A VIERLING & M GRUBER	RESIDENTIAL	$456,300	100 ft
5450 RICHMOND CUR MINNEAPOLIS MN 55410	MARY LEE LASCHANSKY	RESIDENTIAL	$507,300	127 ft
2521 55TH ST W MINNEAPOLIS MN 55410	J M RAPP & C ROBINSON-RAPP	RESIDENTIAL	$584,700	141 ft
5505 CUMBERLAND RD MINNEAPOLIS MN 55410	BARBARA A CROFT	RESIDENTIAL	$401,200	149 ft
5512 RICHMOND CUR MINNEAPOLIS MN 55410	D W GLASS & V R TOMS	RESIDENTIAL	$605,300	150 ft
5449 CUMBERLAND RD MINNEAPOLIS MN 55410	K C TRUTNAU & T J TRUTNAU	RESIDENTIAL	$536,800	165 ft
5509 CUMBERLAND RD MINNEAPOLIS MN 55410	J M ALLEN & N E KEENEY	RESIDENTIAL	$428,700	172 ft
5445 CUMBERLAND RD MINNEAPOLIS MN 55410	MICHELLE LYNN MILLAR	RESIDENTIAL	$588,700	180 ft
5446 RICHMOND CUR MINNEAPOLIS MN 55410	GARY REMAFEDI	RESIDENTIAL	$457,300	184 ft

Property History

Most Recent Sale

Date202112

Price$451,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,858