1967 DREW AVE S MINNEAPOLIS MN 55416

PID: 2902924330034

Property Overview

Parcel ID2902924330034

Lot Size7,516 sq ft (0.173 ac)

Lot Dimensions (est.)94 ft wide × 80 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerLESLIE A HOLMAN HOLT TRUST

Assessed Value$932,700

Land Value$392,000

Building Value$540,700

Annual Tax$15,897

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2010 · $254K total declared value · Most recent: Jan 2024 (remodel)

RemodelJan 2024Closed

$29K

CASTLE BUILDING & REMODELING INC

ExistresDec 2023Closed

4Front Energy Solutions Inc

ExistresMay 2022Closed

Hero Home Services LLC

MiscJun 2019Closed

$24K

SELA ROOFING AND REMODELING INC

ResMar 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

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 width81 ft

Buildable depth40 ft

Area~3,207 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 3,207 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3520 FRANKLIN AVE W MINNEAPOLIS MN 55416	COREY KOSCIELNIAK TR ET AL	RESIDENTIAL-TWO UNIT	$1,444,400	76 ft
1957 DREW AVE S MINNEAPOLIS MN 55416	WILLIAM C H FRASE	RESIDENTIAL	$525,800	84 ft
1955 DREW AVE S MINNEAPOLIS MN 55416	ZIAD NAHAS & MICHELLE NAHAS	RESIDENTIAL	$935,500	133 ft
2001 DREW AVE S MINNEAPOLIS MN 55416	JOSSEF ARIE & KSENIA ARIE	RESIDENTIAL	$769,100	148 ft
1952 DREW AVE S MINNEAPOLIS MN 55416	CHRISTINE A SCHERPING	RESIDENTIAL	$925,600	172 ft
1948 DREW AVE S MINNEAPOLIS MN 55416	KAREN L RINGSRUD	RESIDENTIAL	$718,700	175 ft
1951 DREW AVE S MINNEAPOLIS MN 55416	THOMAS F HAEG	RESIDENTIAL	$910,800	179 ft
1944 DREW AVE S MINNEAPOLIS MN 55416	J G WINN & C R WINN	RESIDENTIAL	$1,017,700	194 ft
2007 DREW AVE S MINNEAPOLIS MN 55416	D H JUDA & E M JUDA TRUSTS	RESIDENTIAL	$640,900	202 ft
3500 FRANKLIN AVE W MINNEAPOLIS MN 55416	T RUSSELL/J A PENLY-RUSSELL	RESIDENTIAL	$1,377,000	207 ft

Property History

Most Recent Sale

Date201003

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,897