202 CEDAR LAKE RD S MINNEAPOLIS MN 55405

PID: 2802924220065

Property Overview

Parcel ID2802924220065

Lot Size4,697 sq ft (0.108 ac)

Lot Dimensions (est.)122 ft wide × 39 ft deep

Year Built1970

Property ClassRESIDENTIAL

OwnerALEX LIU & S KUHNMUENCH

Assessed Value$612,000

Land Value$161,000

Building Value$451,000

Annual Tax$10,062

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2008 · $186K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$6K

TRINITY EXTERIORS INC

ResJul 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

Building Re-inspectionJul 2008

$180K

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 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width109 ft

Buildable depth0 ft

Area~1,977 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 small multifamily (2–4 units, wood frame) benchmarks for 1,977 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
206 CEDAR LAKE RD S MINNEAPOLIS MN 55405	CORINNE ELLEN IVERSON	RESIDENTIAL	$602,400	69 ft
212 CEDAR LAKE RD S MINNEAPOLIS MN 55405	TIFFANY LUONG & RYAN HEDBLOM	RESIDENTIAL	$733,000	120 ft
211 CEDAR LAKE RD S MINNEAPOLIS MN 55405	411 LONG STAYS LLC	TRIPLEX	$553,200	124 ft
2100 HAWTHORNE AVE W MINNEAPOLIS MN 55405	CASSANDRA CEDARHOLM	RESIDENTIAL	$485,900	146 ft
2104 HAWTHORNE AVE W MINNEAPOLIS MN 55405	CATHERINE P SCOTT	RESIDENTIAL	$395,000	151 ft
2110 HAWTHORNE AVE W MINNEAPOLIS MN 55405	OLAF SORENSON	RESIDENTIAL	$349,500	167 ft
216 CEDAR LAKE RD S MINNEAPOLIS MN 55405	KIMBERELY NICOLE FERGUSON	RESIDENTIAL	$582,200	168 ft
204 NEWTON AVE S MINNEAPOLIS MN 55405	FOSTER R RENWICK	RESIDENTIAL-TWO UNIT	$585,500	173 ft
2018 HAWTHORNE AVE W MINNEAPOLIS MN 55405	CARAMIN C JOHNSON	RESIDENTIAL	$519,000	186 ft
215 CEDAR LAKE RD S MINNEAPOLIS MN 55405	MARK J LAUMANN	RESIDENTIAL-TWO UNIT	$483,500	195 ft

Property History

Most Recent Sale

Date201506

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,062