401 DIAMOND LAKE RD W MINNEAPOLIS MN 55419

PID: 2202824220002

Property Overview

Parcel ID2202824220002

Lot Size6,251 sq ft (0.144 ac)

Lot Dimensions (est.)50 ft wide × 125 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerMARGARET & BRIAN MEYER

Assessed Value$382,600

Land Value$152,000

Building Value$230,600

Annual Tax$5,869

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $6K total declared value · Most recent: Mar 2021 (res)

ResMar 2021Closed

CenterPoint Energy Resource Corp

MiscMay 2018Closed

$3K

THE WINDOW STORE INC

MiscJun 2017Expired

$3K

THE WINDOW STORE INC

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

Neighborhood Profile

Windom · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

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 width37 ft

Buildable depth85 ft

Area~3,141 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 3,141 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5410 GRAND AVE S MINNEAPOLIS MN 55419	ROBERT G RUFF ET AL	RESIDENTIAL	$513,000	96 ft
325 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	DAVID M GARTNER	RESIDENTIAL	$388,300	116 ft
416 54TH ST W MINNEAPOLIS MN 55419	MATT STOMMES & MOLLY STOMMES	VACANT LAND-RESIDENTIAL	$600	153 ft
5412 GRAND AVE S MINNEAPOLIS MN 55419	DAMARIS P HOLLINGSWORTH	RESIDENTIAL	$656,900	162 ft
321 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	J C LOOMANS & M G S LOOMANS	RESIDENTIAL	$463,500	174 ft
5415 GRAND AVE S MINNEAPOLIS MN 55419	JILL MARIE DESANTO	RESIDENTIAL	$416,100	195 ft
332 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	GREGORY GILES/RANDE GILES TR	RESIDENTIAL	$373,200	218 ft
5350 GRAND AVE S MINNEAPOLIS MN 55419	PATRICK MUDD/CARRIE SINCLAIR	RESIDENTIAL	$750,200	229 ft
5417 GRAND AVE S MINNEAPOLIS MN 55419	Z MUNO & L MUNO	RESIDENTIAL	$390,900	234 ft
5422 GRAND AVE S MINNEAPOLIS MN 55419	J & N HUPP	RESIDENTIAL	$491,400	244 ft

Property History

Most Recent Sale

Date200708

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,869