5815 PARK AVE MINNEAPOLIS MN 55417

PID: 2302824320062

Property Overview

Parcel ID2302824320062

Lot Size6,078 sq ft (0.140 ac)

Lot Dimensions (est.)132 ft wide × 46 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerRICHARD UTTING

Assessed Value$540,700

Land Value$158,000

Building Value$382,700

Annual Tax$8,481

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2023 · $23K total declared value · Most recent: Oct 2025 (res)

ResOct 2025Inspection

Hero Home Services LLC

MiscMay 2025Closed

$8K

Bravo Restorations LLC

ResDec 2024Closed

CenterPoint Energy Resource Corp

ResOct 2024Closed

Cities 1 Plumbing and Heating Inc

RemodelSep 2024Inspection

$15K

GREAT LAKES WINDOW AND SIDING CO

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 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width42 ft

Buildable depth77 ft

Area~3,271 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 3,271 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5809 PARK AVE MINNEAPOLIS MN 55417	C L SULLIVAN & T SULLIVAN	RESIDENTIAL	$481,200	48 ft
5817 PARK AVE MINNEAPOLIS MN 55417	STEPHEN PREMO/PRIYANKA PREMO	RESIDENTIAL	$499,300	49 ft
5805 PARK AVE MINNEAPOLIS MN 55417	PAUL D WHARTON	RESIDENTIAL	$561,800	94 ft
5821 PARK AVE MINNEAPOLIS MN 55417	ROSS B & C F MERRITT	RESIDENTIAL	$495,700	97 ft
5808 COLUMBUS AVE MINNEAPOLIS MN 55417	DAVID J DERFLER ETAL	RESIDENTIAL	$412,100	137 ft
5801 PARK AVE MINNEAPOLIS MN 55417	R S SOUGSTAD & SARA LEFEBVRE	RESIDENTIAL	$425,000	140 ft
5825 PARK AVE MINNEAPOLIS MN 55417	AARON LOOMIS & CHIN KWOK	RESIDENTIAL	$415,800	146 ft
5804 COLUMBUS AVE MINNEAPOLIS MN 55417	S J KNUTSON & J N KNUTSON	RESIDENTIAL	$412,900	147 ft
5812 COLUMBUS AVE MINNEAPOLIS MN 55417	DEBORAH KAY SCHUHMACHER	RESIDENTIAL	$499,500	153 ft
5816 PARK AVE MINNEAPOLIS MN 55417	NANCY E LARSEN TRUSTEE	RESIDENTIAL	$567,600	170 ft

Property History

Most Recent Sale

Date202306

Price$600,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,481