2016 DREW AVE S MINNEAPOLIS MN 55416

PID: 3202924220006

Property Overview

Parcel ID3202924220006

Lot Size7,222 sq ft (0.166 ac)

Lot Dimensions (est.)149 ft wide × 48 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerMARY J WIDMER TRUST

Assessed Value$592,000

Land Value$363,000

Building Value$229,000

Annual Tax$9,451

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $90K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Inspection

Blue Ox Heating and Air LLC

MiscAug 2023Closed

$11K

LEGACY RESTORATION LLC

MiscJun 2022Closed

$16K

Universal Windows Direct Twin Cities

ExistresNov 2019Closed

Creative Heating and Air Conditioning LLC

AdditionAug 2019Closed

$59K

EXTERIORS UNLIMITED Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth104 ft

Area~4,168 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 4,168 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2020 DREW AVE S MINNEAPOLIS MN 55416	C R JOHNSON & A T JOHNSON	RESIDENTIAL	$596,400	49 ft
2012 DREW AVE S MINNEAPOLIS MN 55416	J DAVENPORT/C DAVENPORT TRES	RESIDENTIAL	$749,500	50 ft
2008 DREW AVE S MINNEAPOLIS MN 55416	STEPHEN R HUEY	RESIDENTIAL	$492,900	100 ft
2024 DREW AVE S MINNEAPOLIS MN 55416	FRANK R BRAUN	RESIDENTIAL	$713,900	109 ft
2019 EWING AVE S MINNEAPOLIS MN 55416	PATRICIA A MOEN	RESIDENTIAL	$776,000	136 ft
2015 EWING AVE S MINNEAPOLIS MN 55416	IRENE A CARLSON ETAL TRUSTES	RESIDENTIAL	$637,700	140 ft
2004 DREW AVE S MINNEAPOLIS MN 55416	R E NEWMAN & J O NEWMAN	RESIDENTIAL	$594,900	150 ft
2025 EWING AVE S MINNEAPOLIS MN 55416	HARMON J RULIFFSON	RESIDENTIAL	$390,000	161 ft
2011 EWING AVE S MINNEAPOLIS MN 55416	BUTTERFIELD RESTUCCIA TRUST	RESIDENTIAL	$1,236,000	167 ft
2100 DREW AVE S MINNEAPOLIS MN 55416	M L FAVOR & M W KITHCART	RESIDENTIAL	$822,200	175 ft

Property History

Most Recent Sale

Date201611

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,451