6057 3RD AVE S MINNEAPOLIS MN 55419

PID: 2202824440102

Property Overview

Parcel ID2202824440102

Lot Size5,289 sq ft (0.121 ac)

Lot Dimensions (est.)132 ft wide × 40 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerA M BYRD & S W BYRD

Assessed Value$329,400

Land Value$123,000

Building Value$206,400

Annual Tax$4,844

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $30K total declared value · Most recent: Jun 2020 (misc)

MiscJun 2020Closed

$9K

SELA ROOFING AND REMODELING INC

ResOct 2019Closed

MN Plumbing & Home Services INC

ResSep 2018Closed

Weld and Sons Plumbing Inc

RemodelSep 2018Closed

$21K

RENOVATE REMODELING

ResSep 2018Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

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

Neighborhood Profile

Diamond Lake · 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 width119 ft

Buildable depth0 ft

Area~2,490 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,490 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6053 3RD AVE S MINNEAPOLIS MN 55419	DANIEL C LATTU/KARA S LATTU	RESIDENTIAL	$369,500	40 ft
6049 3RD AVE S MINNEAPOLIS MN 55419	A J FAHRMANN & L C TUNDEL	RESIDENTIAL	$276,700	80 ft
6101 3RD AVE S MINNEAPOLIS MN 55419	MELISSA MARY ROCCHIO	RESIDENTIAL	$325,300	100 ft
6045 3RD AVE S MINNEAPOLIS MN 55419	M AYOBI & M AYOBI	RESIDENTIAL	$348,800	120 ft
6105 3RD AVE S MINNEAPOLIS MN 55419	H B MONTEJANO & M I FLORES	RESIDENTIAL	$343,800	140 ft
6056 CLINTON AVE MINNEAPOLIS MN 55419	KRISTEN TROUT	RESIDENTIAL	$335,700	146 ft
6052 CLINTON AVE MINNEAPOLIS MN 55419	P V PETERSON & S S WESSMAN	RESIDENTIAL	$321,500	152 ft
6041 3RD AVE S MINNEAPOLIS MN 55419	P J BOWMAN & L A BOWMAN	RESIDENTIAL	$304,900	160 ft
6048 CLINTON AVE MINNEAPOLIS MN 55419	KRISTEN KRAIMER	RESIDENTIAL	$371,500	167 ft
6100 CLINTON AVE MINNEAPOLIS MN 55419	KIMBERLY JEAN KUPCHO	RESIDENTIAL	$354,500	176 ft

Property History

Most Recent Sale

Date200111

Price$160,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,844