628 CEDAR LAKE RD S MINNEAPOLIS MN 55405

PID: 2902924140149

Property Overview

Parcel ID2902924140149

Lot Size6,606 sq ft (0.152 ac)

Lot Dimensions (est.)81 ft wide × 81 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerJ M JOHNSON & M LOOK

Assessed Value$685,000

Land Value$212,000

Building Value$473,000

Annual Tax$24,906

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $35K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

$15K

LeBrun Electric, Heating & Cooling

MiscOct 2024Closed

$20K

Innovative Basement Authority

ResJan 2022Closed

Hero Home Services LLC

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 width68 ft

Buildable depth41 ft

Area~3,121 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 small multifamily (2–4 units, wood frame) benchmarks for 3,121 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
624 CEDAR LAKE RD S MINNEAPOLIS MN 55405	D G SOMMERFELD ET AL LIV TR	RESIDENTIAL	$435,500	62 ft
620 CEDAR LAKE RD S MINNEAPOLIS MN 55405	NICOLAS WILSON/ERIN BABINEAU	RESIDENTIAL	$646,400	100 ft
616 CEDAR LAKE RD S MINNEAPOLIS MN 55405	MILANA LEWIS/MATTHEW BLEWITT	RESIDENTIAL	$526,500	139 ft
612 THOMAS AVE S MINNEAPOLIS MN 55405	W A MINER & R MILLER	RESIDENTIAL	$470,600	150 ft
604 THOMAS AVE S MINNEAPOLIS MN 55405	LINDSEY M LYRENMANN ET AL	RESIDENTIAL	$589,200	151 ft
608 THOMAS AVE S MINNEAPOLIS MN 55405	ROLAND W LINDSTROM ETAL	RESIDENTIAL	$449,200	152 ft
602 THOMAS AVE S MINNEAPOLIS MN 55405	JEFFREY G DEAN ET AL	RESIDENTIAL	$408,800	161 ft
625 CEDAR LAKE RD S MINNEAPOLIS MN 55405	P S MARKERT & K S MARKERT	RESIDENTIAL	$522,400	169 ft
629 CEDAR LAKE RD S MINNEAPOLIS MN 55405	ALFRED J LAJON/JANIS M LAJON	RESIDENTIAL	$412,700	170 ft
612 CEDAR LAKE RD S MINNEAPOLIS MN 55405	E MOORE & C L ANDERSON	RESIDENTIAL	$550,800	178 ft

Property History

Most Recent Sale

Date202510

Price$790,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$24,906