5501 14TH AVE S MINNEAPOLIS MN 55417

PID: 2302824120136

Property Overview

Parcel ID2302824120136

Lot Size6,392 sq ft (0.147 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerN W BYRNE & E E BYRNE

Assessed Value$654,900

Land Value$200,000

Building Value$454,900

Annual Tax$10,641

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $276K total declared value · Most recent: Jul 2019 (res)

ResJul 2019Closed

Airic's Heating & Air Conditioning Inc

ExistresMay 2019Closed

Airic's Heating & Air Conditioning Inc

ResApr 2019Closed

Accurate Plumbing INC

AdditionMar 2019Closed

$276K

GENESIS REMODELING LLC

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width116 ft

Buildable depth10 ft

Area~3,249 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 3,249 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
5505 14TH AVE S MINNEAPOLIS MN 55417	A W MARISKA & M M MARISKA	RESIDENTIAL	$557,600	50 ft
5509 14TH AVE S MINNEAPOLIS MN 55417	LINDA M SKUPAS	RESIDENTIAL	$468,000	100 ft
1404 55TH ST E MINNEAPOLIS MN 55417	AARON ROSELL/LENA MARIE HUNT	RESIDENTIAL	$535,900	110 ft
5500 15TH AVE S MINNEAPOLIS MN 55417	ANDREW P/ELIZABETH J LIMING	RESIDENTIAL	$442,600	142 ft
5504 15TH AVE S MINNEAPOLIS MN 55417	J C MANNE-NICHOLAS ET AL	RESIDENTIAL	$494,000	149 ft
5515 14TH AVE S MINNEAPOLIS MN 55417	RICHARD A KRAGNESS	RESIDENTIAL	$444,400	150 ft
5445 14TH AVE S MINNEAPOLIS MN 55417	J J WOLFE & K O BARBER WOLF	RESIDENTIAL	$456,600	160 ft
5508 15TH AVE S MINNEAPOLIS MN 55417	ANDREW PEIK & MEREDITH PEIK	RESIDENTIAL	$497,900	172 ft
1420 55TH ST E MINNEAPOLIS MN 55417	K MORTENSEN & M MORTENSEN	RESIDENTIAL	$614,800	180 ft
5500 14TH AVE S MINNEAPOLIS MN 55417	ALEXIS & JEFF AKERVIK	RESIDENTIAL	$434,100	187 ft

Property History

Most Recent Sale

Date201403

Price$99,967

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,641