1303 MOUNT CURVE AVE MINNEAPOLIS MN 55403

PID: 2802924420180

Property Overview

Parcel ID2802924420180

Lot Size19,293 sq ft (0.443 ac)

Lot Dimensions (est.)120 ft wide × 160 ft deep

Year Built2008

Property ClassCONDOMINIUM

OwnerP J RICHTER & S C RICHTER

Assessed Value$1,575,000

Land Value$110,000

Building Value$1,465,000

Annual Tax$28,317

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2007 · $2.9M total declared value · Most recent: Dec 2013 (building re-inspection)

Building Re-inspectionDec 2013

$543K

BinbJun 2007

$2.3M

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

Estimated · verify frontage

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 width107 ft

Buildable depth120 ft

Area~9,795 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 9,795 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1301 MOUNT CURVE AVE MINNEAPOLIS MN 55403	M A RAWSON & L M HAINES	CONDOMINIUM	$1,173,000	0 ft
1305 MOUNT CURVE AVE MINNEAPOLIS MN 55403	ELAINE A RUBIN REV TRUST	CONDOMINIUM	$1,582,000	0 ft
1307 MOUNT CURVE AVE MINNEAPOLIS MN 55403	SHEILA C MORGAN REVOC TRUST	CONDOMINIUM	$1,526,000	0 ft
MN	Unknown	—	—	0 ft
1716 FREMONT AVE S MINNEAPOLIS MN 55403	JUSTIN O'NEAL BAYLOR	TRIPLEX	$892,200	114 ft
1315 MOUNT CURVE AVE MINNEAPOLIS MN 55403	D D BUSS & C M BUSS TRUSTEES	RESIDENTIAL-TWO UNIT	$2,286,900	120 ft
911 MOUNT CURVE AVE MINNEAPOLIS MN 55403	PARK BOARD	VACANT LAND-RESIDENTIAL	$0	133 ft
MN	Unknown	—	—	160 ft
1308 DOUGLAS AVE MINNEAPOLIS MN 55403	SUSAN HERZOG LOWRY	CONDOMINIUM	$423,000	160 ft
1308 DOUGLAS AVE MINNEAPOLIS MN 55403	MARA K SAULITIS	CONDOMINIUM	$432,000	160 ft

Property History

Most Recent Sale

Date201906

Price$1,594,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$28,317