1616 43RD ST E MINNEAPOLIS MN 55407

PID: 1102824410192

Property Overview

Parcel ID1102824410192

Lot Size8,493 sq ft (0.195 ac)

Lot Dimensions (est.)122 ft wide × 70 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerT A CISCO III & KARA T CISCO

Assessed Value$374,700

Land Value$174,000

Building Value$200,700

Annual Tax$5,600

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $44K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

Air Rite Mechanical Systems Inc

ResAug 2024Closed

North Central Plumbing Inc

RemodelAug 2024Closed

$19K

CRAFT MASTERS REMODELING INC

ExistresJul 2024Closed

McQuillan Home Services LLC

ResSep 2023Closed

FFM LLC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width109 ft

Buildable depth30 ft

Area~3,238 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 3,238 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
4236 17TH AVE S MINNEAPOLIS MN 55407	J BEHRHORST & C I GLOVER	RESIDENTIAL	$354,800	60 ft
4232 17TH AVE S MINNEAPOLIS MN 55407	J THRUBIS & S E ELLSWORTH	RESIDENTIAL	$341,700	110 ft
1617 43RD ST E MINNEAPOLIS MN 55407	MARK V JUNG & VICKI BONSON	RESIDENTIAL	$341,000	118 ft
1600 43RD ST E MINNEAPOLIS MN 55407	A L GLICK & K R GLICK	RESIDENTIAL	$341,600	136 ft
4237 16TH AVE S MINNEAPOLIS MN 55407	E HAWES-VAN PELT/F VAN PELT	RESIDENTIAL-TWO UNIT	$514,800	143 ft
4228 17TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$285,400	160 ft
4304 17TH AVE S MINNEAPOLIS MN 55407	C A DAHL & B J SORENSEN	RESIDENTIAL	$339,200	166 ft
4233 16TH AVE S MINNEAPOLIS MN 55407	E J S FRANCOIS/K W FRANCOIS	RESIDENTIAL	$305,100	174 ft
1601 43RD ST E MINNEAPOLIS MN 55407	PATRICIA ANN WOLLAK	RESIDENTIAL	$354,000	179 ft
4253 17TH AVE S MINNEAPOLIS MN 55407	TIMOTHY HAUBRICK	RESIDENTIAL	$347,600	202 ft

Property History

Most Recent Sale

Date200907

Price$208,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,600