5644 16TH AVE S MINNEAPOLIS MN 55417

PID: 2302824140028

Property Overview

Parcel ID2302824140028

Lot Size7,462 sq ft (0.171 ac)

Lot Dimensions (est.)129 ft wide × 58 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerL DEGRAZIA & A MARIBLANCA

Assessed Value$423,300

Land Value$229,000

Building Value$194,300

Annual Tax$6,409

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $8K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscNov 2022Closed

$5K

EZ HOME SOLUTIONS LLC

RemodelJan 2020Closed

$3K

Trikin Properties

ResJan 2019Closed

H2C Inc

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width116 ft

Buildable depth18 ft

Area~3,985 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 3,985 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5640 16TH AVE S MINNEAPOLIS MN 55417	KATHERINE E GOWANS	RESIDENTIAL	$406,600	54 ft
5636 16TH AVE S MINNEAPOLIS MN 55417	C REGIS & J MACHACEK-REGIS	RESIDENTIAL	$483,600	104 ft
5700 16TH AVE S MINNEAPOLIS MN 55417	LYNDA L KOCHEVAR	RESIDENTIAL	$346,800	113 ft
5645 BLOOMINGTON AVE MINNEAPOLIS MN 55417	J P EGAN & R M EGAN	RESIDENTIAL	$510,500	142 ft
5641 BLOOMINGTON AVE MINNEAPOLIS MN 55417	L D LEWIS & A W KWONG	RESIDENTIAL	$439,400	151 ft
5632 16TH AVE S MINNEAPOLIS MN 55417	J A SOHOLT & J M SOHOLT	RESIDENTIAL	$495,900	154 ft
5704 16TH AVE S MINNEAPOLIS MN 55417	SARA KRAMER & JACOB HAAPALA	RESIDENTIAL	$325,900	157 ft
5645 16TH AVE S MINNEAPOLIS MN 55417	GWEN M JOHNSON	RESIDENTIAL	$368,700	163 ft
5637 BLOOMINGTON AVE MINNEAPOLIS MN 55417	SARAH A KANE & JOHN S KANE	RESIDENTIAL	$503,100	174 ft
5701 BLOOMINGTON AVE MINNEAPOLIS MN 55417	E D OJO & E R WILKINSON	RESIDENTIAL	$397,800	181 ft

Property History

Most Recent Sale

Date202210

Price$459,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,409