1616 58TH ST E MINNEAPOLIS MN 55417

PID: 2302824140090

Property Overview

Parcel ID2302824140090

Lot Size7,449 sq ft (0.171 ac)

Lot Dimensions (est.)55 ft wide × 136 ft deep

Year Built1957

Property ClassRESIDENTIAL-TWO UNIT

OwnerCHRIS A JOHNSON

Assessed Value$436,100

Land Value$147,000

Building Value$289,100

Annual Tax$8,249

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $10K total declared value · Most recent: Mar 2025 (res)

ResMar 2025Closed

Boevaag Plumbing Inc

MiscNov 2023Closed

$10K

DRIFTWOOD BUILDERS INC

ExistresJul 2021Closed

Residential Heating and Air Conditioning Inc

ExistresJul 2021Closed

Residential Heating and Air Conditioning Inc

ExistresApr 2020Closed

Residential Heating and Air Conditioning 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width42 ft

Buildable depth103 ft

Area~4,335 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 4,335 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
1612 58TH ST E MINNEAPOLIS MN 55417	K O CARTER & D M CARTER	RESIDENTIAL	$324,400	50 ft
1620 58TH ST E MINNEAPOLIS MN 55417	T M HUNTEMAN	RESIDENTIAL	$356,000	52 ft
1608 58TH ST E MINNEAPOLIS MN 55417	K & D CARTER	VACANT LAND-RESIDENTIAL	$140,000	98 ft
1624 58TH ST E MINNEAPOLIS MN 55417	PATRICK E CONWAY	RESIDENTIAL	$335,200	104 ft
1604 58TH ST E MINNEAPOLIS MN 55417	WILLIAM J ZEIMETZ TRUST	RESIDENTIAL-TWO UNIT	$448,100	147 ft
1628 58TH ST E MINNEAPOLIS MN 55417	EMILIO C GENIZ	RESIDENTIAL-TWO UNIT	$447,700	156 ft
1617 NOKOMIS CT MINNEAPOLIS MN 55417	SERLE J & LAUREN J PARKER	RESIDENTIAL	$398,400	158 ft
1615 NOKOMIS CT MINNEAPOLIS MN 55417	M A ELLSTON & C C ELLSTON	RESIDENTIAL	$465,200	160 ft
1623 NOKOMIS CT MINNEAPOLIS MN 55417	J JAMISON & K JAMISON	RESIDENTIAL	$400,600	173 ft
1609 NOKOMIS CT MINNEAPOLIS MN 55417	CHRIS R JENSEN	RESIDENTIAL	$401,600	176 ft

Property History

Most Recent Sale

Date200310

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,249