57 GROVELAND TER MINNEAPOLIS MN 55403

PID: 2802924410479

Property Overview

Parcel ID2802924410479

Lot Size12,694 sq ft (0.291 ac)

Lot Dimensions (est.)153 ft wide × 83 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerP ENDERS & A FISHER-ENDERS

Assessed Value$1,811,300

Land Value$351,000

Building Value$1,460,300

Annual Tax$33,351

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2014 · $124K total declared value · Most recent: Jun 2022 (existres)

ExistresJun 2022Closed

Edina Heating and Cooling Inc

Building Re-inspectionJan 2014

$124K

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

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width140 ft

Buildable depth43 ft

Area~7,651 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 small multifamily (2–4 units, wood frame) benchmarks for 7,651 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
49 GROVELAND TER MINNEAPOLIS MN 55403	PATRICIA A STARK LIVING TR	VACANT LAND-RESIDENTIAL	$342,000	91 ft
1611 DUPONT AVE S MINNEAPOLIS MN 55403	H T EBENER & M G EBENER	RESIDENTIAL	$1,129,400	103 ft
1004 MOUNT CURVE AVE MINNEAPOLIS MN 55403	P E NALBONE & D J DECKER	RESIDENTIAL	$1,722,000	160 ft
39 GROVELAND TER MINNEAPOLIS MN 55403	PATRICIA A STARK LIVING TR	VACANT LAND-RESIDENTIAL	$400,000	179 ft
45 GROVELAND TER MINNEAPOLIS MN 55403	ERTUGRUL TUZCU TRUST	CONDOMINIUM	$1,476,000	181 ft
47 GROVELAND TER MINNEAPOLIS MN 55403	PATRICIA A STARK LIVING TR	CONDOMINIUM	$1,926,000	181 ft
MN	Unknown	—	—	181 ft
1000 MOUNT CURVE AVE MINNEAPOLIS MN 55403	KEVIN GILLIAM II ET AL	RESIDENTIAL	$745,100	198 ft
1010 MOUNT CURVE AVE MINNEAPOLIS MN 55403	JASON EARLE CROSS	RESIDENTIAL	$2,219,000	199 ft
930 MOUNT CURVE AVE MINNEAPOLIS MN 55403	K J SHERBURNE/D R SHERBURNE	RESIDENTIAL	$1,755,400	234 ft

Property History

Most Recent Sale

Date202311

Price$2,025,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$33,351