1233 CEDAR LAKE RD S MINNEAPOLIS MN 55416

PID: 2902924310019

Property Overview

Parcel ID2902924310019

Lot Size5,244 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 132 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerDAWN M TURBES

Assessed Value$571,000

Land Value$212,000

Building Value$359,000

Annual Tax$9,055

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $56K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

Standard Heating and Air Conditioning Inc

ResJan 2023Closed

Warners Stellian Co Inc

MiscNov 2022Closed

$5K

KAUFMAN SHEET METAL ROOFING INC

ResFeb 2022Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscJul 2021Closed

$3K

Minnesota Rusco 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth91 ft

Area~2,729 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 2,729 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1229 CEDAR LAKE RD S MINNEAPOLIS MN 55416	SARAH BARBER	RESIDENTIAL	$471,300	40 ft
1237 CEDAR LAKE RD S MINNEAPOLIS MN 55416	H STEELE & M SORENSON	RESIDENTIAL	$462,900	40 ft
1225 CEDAR LAKE RD S MINNEAPOLIS MN 55416	L R WASSERMAN & A S KLAPACH	RESIDENTIAL	$862,000	80 ft
1241 CEDAR LAKE RD S MINNEAPOLIS MN 55416	SCOTT NASH & JOEL DEGUZMAN	RESIDENTIAL	$1,187,000	80 ft
1221 CEDAR LAKE RD S MINNEAPOLIS MN 55416	L D MONSON & S J MONSON	RESIDENTIAL	$478,700	120 ft
1245 CEDAR LAKE RD S MINNEAPOLIS MN 55416	THOMAS G DICKSON	RESIDENTIAL	$1,445,000	120 ft
1228 LAKEVIEW AVE S MINNEAPOLIS MN 55416	L HANSEN & R OESTERREICH	RESIDENTIAL	$739,400	144 ft
1236 LAKEVIEW AVE S MINNEAPOLIS MN 55416	TERESA LUCILLE KANE	RESIDENTIAL	$488,200	154 ft
1247 CEDAR LAKE RD S MINNEAPOLIS MN 55416	KEVIN RUSSELL KNUTSON	RESIDENTIAL	$636,000	157 ft
1217 CEDAR LAKE RD S MINNEAPOLIS MN 55416	M D KINNEE & G H JOHNSON	RESIDENTIAL	$553,900	160 ft

Property History

Most Recent Sale

Date202212

Price$580,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,055