5976 GRASS LAKE TER MINNEAPOLIS MN 55419

PID: 2102824310016

Property Overview

Parcel ID2102824310016

Lot Size8,014 sq ft (0.184 ac)

Lot Dimensions (est.)147 ft wide × 54 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerOKNICK REVOCABLE FAMILY TR

Assessed Value$561,400

Land Value$216,000

Building Value$345,400

Annual Tax$8,873

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2017 · $139K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Inspection

MN Plumbing & Home Services INC

ExistresMay 2024Closed

Hero Home Services LLC

ResSep 2021Closed

Nybo Peterson Plumbing Co Inc

RemodelAug 2021Closed

$62K

GABRIEL FEDERS BUILDING AND RENOVATION LLC

ResApr 2021Closed

Hero Home Services LLC

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

Neighborhood Profile

Kenny · 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 width77 ft

Buildable depth52 ft

Area~4,510 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 4,510 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5972 GRASS LAKE TER MINNEAPOLIS MN 55419	RYAN THAYER & LORA THAYER	RESIDENTIAL	$586,000	65 ft
5982 GRASS LAKE TER MINNEAPOLIS MN 55419	G HARTLEY & K HARTLEY	RESIDENTIAL	$726,200	68 ft
5968 GRASS LAKE TER MINNEAPOLIS MN 55419	B ALBAUGH II & T ALBAUGH	RESIDENTIAL	$468,000	120 ft
5937 GRASS LAKE TER MINNEAPOLIS MN 55419	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	131 ft
5988 GRASS LAKE TER MINNEAPOLIS MN 55419	N L NGUYEN & K D NELSON	RESIDENTIAL	$540,300	136 ft
5921 SUNRISE DR MINNEAPOLIS MN 55419	S R KNIGHT & S L KNIGHT	RESIDENTIAL	$811,000	167 ft
5915 SUNRISE DR MINNEAPOLIS MN 55419	KARA SHEESLEY/JOHN SHEESLEY	RESIDENTIAL	$557,100	167 ft
5962 GRASS LAKE TER MINNEAPOLIS MN 55419	CHRISTINE M & RONALD E FRISK	RESIDENTIAL	$562,200	177 ft
1600 60TH ST W MINNEAPOLIS MN 55419	ZAIGA SCHLEISMAN	RESIDENTIAL	$459,100	202 ft
5901 SUNRISE DR MINNEAPOLIS MN 55419	DANIEL A CURRY	RESIDENTIAL-TWO UNIT	$499,200	202 ft

Property History

Most Recent Sale

Date201705

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,873