521 DIAMOND LAKE LA MINNEAPOLIS MN 55419

PID: 2202824410086

Property Overview

Parcel ID2202824410086

Lot Size6,774 sq ft (0.156 ac)

Lot Dimensions (est.)136 ft wide × 50 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerW & R DOTY JT REV TRUST

Assessed Value$463,000

Land Value$154,000

Building Value$309,000

Annual Tax$7,072

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $47K total declared value · Most recent: Oct 2025 (remodel)

RemodelOct 2025Inspection

$7K

ALL ENERGY SOLAR INC

MiscMar 2025Closed

$20K

PELLA NORTHLAND

MiscMay 2022Closed

$9K

TODAYS EXTERIORS INC

ExistresAug 2018Closed

KB Mechanical Inc

ResOct 2017Closed

William C Doty

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

Neighborhood Profile

Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

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 width123 ft

Buildable depth10 ft

Area~1,232 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 1,232 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
5904 PORTLAND AVE MINNEAPOLIS MN 55417	JENNIFER HOLTZ/MICHAEL HOLTZ	RESIDENTIAL	$402,000	53 ft
520 DIAMOND LAKE LA MINNEAPOLIS MN 55419	D B MEIER & M D EVANS	RESIDENTIAL	$562,700	95 ft
5908 PORTLAND AVE MINNEAPOLIS MN 55417	JENNIFER K HAMRI	RESIDENTIAL	$677,800	108 ft
5901 DIAMOND LAKE LA MINNEAPOLIS MN 55419	WARREN W HANSON REV TRUST	RESIDENTIAL	$472,100	145 ft
5850 PORTLAND AVE MINNEAPOLIS MN 55417	R & G PETERSON	RESIDENTIAL-TWO UNIT	$573,800	155 ft
5905 DIAMOND LAKE LA MINNEAPOLIS MN 55419	MITCHEL & TARA R PILIPOVIC	RESIDENTIAL	$419,500	158 ft
5912 PORTLAND AVE MINNEAPOLIS MN 55417	GARY T & SUSAM M WILSON	RESIDENTIAL-TWO UNIT	$455,700	162 ft
5909 DIAMOND LAKE LA MINNEAPOLIS MN 55419	G T WILSON & S M WILSON	RESIDENTIAL	$410,600	183 ft
510 DIAMOND LAKE LA MINNEAPOLIS MN 55419	S G & S H LARSEN	RESIDENTIAL	$615,900	183 ft
5916 PORTLAND AVE MINNEAPOLIS MN 55417	5916 BOGEN LLC	RESIDENTIAL-TWO UNIT	$432,400	217 ft

Property History

Most Recent Sale

Date201704

Price$349,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,072