5820 NEWTON AVE S MINNEAPOLIS MN 55419

PID: 2102824320055

Property Overview

Parcel ID2102824320055

Lot Size6,709 sq ft (0.154 ac)

Lot Dimensions (est.)128 ft wide × 52 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerKRISTEN SCHULTZ/STEPHEN OWEN

Assessed Value$541,100

Land Value$183,000

Building Value$358,100

Annual Tax$8,895

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $33K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ExistresSep 2023Closed

Hero Home Services LLC

ResAug 2018Closed

C & N Plumbing Inc

ExistresAug 2018Closed

Metro Heating & Cooling LLC

ResJul 2018Closed

C & N Plumbing Inc

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

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 depth12 ft

Area~3,483 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 3,483 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
5816 NEWTON AVE S MINNEAPOLIS MN 55419	PETER VERHEY	RESIDENTIAL	$352,000	51 ft
5812 NEWTON AVE S MINNEAPOLIS MN 55419	J PANKOW & H PANKOW	RESIDENTIAL	$403,000	101 ft
5900 NEWTON AVE S MINNEAPOLIS MN 55419	PAUL A DECK & JOYANNE DECK	RESIDENTIAL	$468,200	103 ft
5821 OLIVER AVE S MINNEAPOLIS MN 55419	E MCLACHLAN & J J VOLENEC	RESIDENTIAL	$509,300	142 ft
5808 NEWTON AVE S MINNEAPOLIS MN 55419	B KELLEHER & B NASE	RESIDENTIAL	$398,000	151 ft
5817 OLIVER AVE S MINNEAPOLIS MN 55419	B K NELSON & D A NELSON	RESIDENTIAL	$395,400	151 ft
5904 NEWTON AVE S MINNEAPOLIS MN 55419	MONICA A KING/TRAVIS E KING	RESIDENTIAL	$415,800	156 ft
5901 OLIVER AVE S MINNEAPOLIS MN 55419	T HELSETH & C HELSETH	RESIDENTIAL	$407,000	174 ft
5813 OLIVER AVE S MINNEAPOLIS MN 55419	A JOHNSON & M JOHNSON	RESIDENTIAL	$358,000	175 ft
5804 NEWTON AVE S MINNEAPOLIS MN 55419	KATHRYN M LANDWEHR	RESIDENTIAL	$459,400	201 ft

Property History

Most Recent Sale

Date202412

Price$585,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,895