1616 E MINNEHAHA PKWY MINNEAPOLIS MN 55407

PID: 1402824110133

Property Overview

Parcel ID1402824110133

Lot Size6,855 sq ft (0.157 ac)

Lot Dimensions (est.)44 ft wide × 157 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerA C YANNY D R VANDERHOEF

Assessed Value$614,500

Land Value$221,000

Building Value$393,500

Annual Tax$9,876

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $8K total declared value · Most recent: Dec 2021 (res)

ResDec 2021Closed

Warners Stellian Co Inc

ResSep 2021Closed

Paladin Plumbing LLC

ExistresSep 2021Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

RemodelOct 2019Closed

$4K

APPLIED ENERGY INNOVATIONS LLC

MiscJun 2018Closed

$4K

Holmlund Masonry Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth103 ft

Area~3,879 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 3,879 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1620 E MINNEHAHA PKWY MINNEAPOLIS MN 55407	M DEVARAJ & M M DEVARAJ	RESIDENTIAL	$554,000	44 ft
1612 E MINNEHAHA PKWY MINNEAPOLIS MN 55407	BRUCE D REDEPENNING ET AL	RESIDENTIAL	$550,700	45 ft
1610 E MINNEHAHA PKWY MINNEAPOLIS MN 55407	MAUREEN M TREPP TRUST	RESIDENTIAL	$548,000	105 ft
4744 17TH AVE S MINNEAPOLIS MN 55407	HAUGLAND TRUST	RESIDENTIAL	$568,000	114 ft
4740 17TH AVE S MINNEAPOLIS MN 55407	NANCE LEE MOSQUERA	RESIDENTIAL	$450,500	155 ft
4749 16TH AVE S MINNEAPOLIS MN 55407	CARY J MULLEN	RESIDENTIAL	$433,600	157 ft
4745 16TH AVE S MINNEAPOLIS MN 55407	NICHOLAS HANNER/JENNA HANNER	RESIDENTIAL	$439,200	174 ft
1600 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	S K & A P SEXTON/KLAUSLER TR	RESIDENTIAL-TWO UNIT	$777,600	176 ft
1700 E MINNEHAHA PKWY MINNEAPOLIS MN 55407	T ARNESON & J M INZ	RESIDENTIAL	$620,200	180 ft
4736 17TH AVE S MINNEAPOLIS MN 55407	MARY JO FOX	RESIDENTIAL	$432,900	196 ft

Property History

Most Recent Sale

Date200505

Price$372,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,876