5621 NEWTON AVE S MINNEAPOLIS MN 55419

PID: 2102824230127

Property Overview

Parcel ID2102824230127

Lot Size5,112 sq ft (0.117 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerMARK LOFTUS & KAHA MOHAMED

Assessed Value$376,900

Land Value$188,000

Building Value$188,900

Annual Tax$5,636

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $42K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Closed

$14K

KRECH EXTERIORS INC

MiscOct 2025Closed

$8K

KRECH EXTERIORS INC

ExistresSep 2023Expired

SEDGWICK HEATING & AIR CONDITIONING

AccessoryMay 2022Closed

$20K

Minneapolis Garage Builders, LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Armatage · Minneapolis

Median reported rent2,052/mo

Renter-occupied15.4%

Median home value$393K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.01

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 width30 ft

Buildable depth88 ft

Area~2,633 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 2,633 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5625 NEWTON AVE S MINNEAPOLIS MN 55419	LAURA GROSSMANN	RESIDENTIAL	$377,100	40 ft
5617 NEWTON AVE S MINNEAPOLIS MN 55419	NATASHA BORAAS	RESIDENTIAL	$362,100	40 ft
5629 NEWTON AVE S MINNEAPOLIS MN 55419	NIMA CHANGDAK	RESIDENTIAL	$387,300	80 ft
5615 NEWTON AVE S MINNEAPOLIS MN 55419	B E THOME & P S THOME	RESIDENTIAL	$399,000	80 ft
5633 NEWTON AVE S MINNEAPOLIS MN 55419	T & S BROWNING/R T BROWNING	RESIDENTIAL	$361,000	120 ft
5605 NEWTON AVE S MINNEAPOLIS MN 55419	LORI ANN LEAGJELD REV TRUST	RESIDENTIAL	$412,000	140 ft
5620 MORGAN AVE S MINNEAPOLIS MN 55419	C N WOLFE & A M MARSHIK	RESIDENTIAL	$562,600	141 ft
5616 MORGAN AVE S MINNEAPOLIS MN 55419	SUSAN CAROL COLLINS	RESIDENTIAL	$340,900	147 ft
5624 MORGAN AVE S MINNEAPOLIS MN 55419	P STAPLES & K PETERSIK	RESIDENTIAL	$464,900	147 ft
5637 NEWTON AVE S MINNEAPOLIS MN 55419	I M NELSON-KRAFVE/R A KRAFVE	RESIDENTIAL	$278,800	160 ft

Property History

Most Recent Sale

Date201203

Price$208,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,636