5500 GRAND AVE S MINNEAPOLIS MN 55419

PID: 2202824220114

Property Overview

Parcel ID2202824220114

Lot Size6,486 sq ft (0.149 ac)

Lot Dimensions (est.)128 ft wide × 51 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerCAITLIN NICHOL PEARSON

Assessed Value$402,500

Land Value$175,000

Building Value$227,500

Annual Tax$6,063

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $23K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$23K

Solaris Roofing LLC

ResAug 2023Closed

Norblom Plumbing Co

ExistresJul 2023Closed

Standard Heating and Air Conditioning Inc

ResMar 2021Closed

CenterPoint Energy Resource Corp

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 width115 ft

Buildable depth11 ft

Area~3,315 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 3,315 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 GRAND AVE S MINNEAPOLIS MN 55419	J E HOFFMANHN & A C HOFFMANN	RESIDENTIAL	$402,300	50 ft
5508 GRAND AVE S MINNEAPOLIS MN 55419	JANE D LORDALEN	RESIDENTIAL	$426,500	96 ft
5444 GRAND AVE S MINNEAPOLIS MN 55419	B W & M M LEISKE	RESIDENTIAL	$470,900	110 ft
5512 GRAND AVE S MINNEAPOLIS MN 55419	VICKI MARRS	RESIDENTIAL	$340,300	136 ft
5501 HARRIET AVE MINNEAPOLIS MN 55419	DAVID CARLSON	RESIDENTIAL	$296,800	142 ft
5505 HARRIET AVE MINNEAPOLIS MN 55419	L A STRATHMAN & S J KIRSTEIN	RESIDENTIAL	$378,400	153 ft
5440 GRAND AVE S MINNEAPOLIS MN 55419	PICARD FAMILY JT REV TRUST	RESIDENTIAL-TWO UNIT	$607,300	161 ft
5509 HARRIET AVE MINNEAPOLIS MN 55419	J T WALKER & H E WALKER	RESIDENTIAL	$363,900	172 ft
5445 HARRIET AVE MINNEAPOLIS MN 55419	JOHN SCOTT BEAZLEY	RESIDENTIAL	$409,900	176 ft
5516 GRAND AVE S MINNEAPOLIS MN 55419	JAMES O GROFF ETAL	RESIDENTIAL	$352,900	176 ft

Property History

Most Recent Sale

Date201104

Price$204,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,063