2551 BURNHAM RD MINNEAPOLIS MN 55416

PID: 3202924130067

Property Overview

Parcel ID3202924130067

Lot Size8,409 sq ft (0.193 ac)

Lot Dimensions (est.)141 ft wide × 60 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerJASON FEIST & NICOLE FEIST

Assessed Value$773,500

Land Value$320,000

Building Value$453,500

Annual Tax$12,885

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2013 · $72K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$17K

NEW LIFE CONTRACTING INC

ResDec 2020Closed

Warners Stellian Co Inc

MiscJul 2019Closed

$3K

Mohler Chimney Repair LLC

ExistresOct 2018Closed

HEALTHY HOMES LLC

Building Re-inspectionJul 2013

$52K

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

Neighborhood Profile

Cedar - Isles - Dean · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

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 width128 ft

Buildable depth20 ft

Area~2,279 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 2,279 sqft buildable area.

Est. units

Yield on cost

1.2%

Spread

-4.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2549 WASHBURN AVE S MINNEAPOLIS MN 55416	PEYTON E COOK TRUST	RESIDENTIAL	$650,400	55 ft
2553 WASHBURN AVE S MINNEAPOLIS MN 55416	D J BERNS & A S LEDERER	RESIDENTIAL	$576,200	108 ft
2541 BURNHAM RD MINNEAPOLIS MN 55416	GEORGE N PUZAK	RESIDENTIAL	$508,100	141 ft
2536 BURNHAM RD MINNEAPOLIS MN 55416	P F LEUTGEB & D J CAMP	RESIDENTIAL	$1,340,400	151 ft
2542 BURNHAM RD MINNEAPOLIS MN 55416	JAMES GERLICH	RESIDENTIAL	$814,600	207 ft
2537 BURNHAM RD MINNEAPOLIS MN 55416	G N PUZAK & C W PUZAK	RESIDENTIAL	$491,000	213 ft
2533 WASHBURN AVE S MINNEAPOLIS MN 55416	GERALD VAN AMERONGEN	RESIDENTIAL	$653,800	226 ft
2524 BURNHAM RD MINNEAPOLIS MN 55416	SAMI I SALHA	RESIDENTIAL	$477,300	240 ft
2549 BURNHAM RD MINNEAPOLIS MN 55416	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	241 ft
2550 BURNHAM RD MINNEAPOLIS MN 55416	J R SCHWEBEL & M L SCHWEBEL	VACANT LAND-RESIDENTIAL	$646,000	274 ft

Property History

Most Recent Sale

Date201710

Price$689,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,885