1257 CEDAR LAKE RD S MINNEAPOLIS MN 55416

PID: 2902924310025

Property Overview

Parcel ID2902924310025

Lot Size6,363 sq ft (0.146 ac)

Lot Dimensions (est.)95 ft wide × 67 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerC J ROSENBAUM/P B ROSENBAUM

Assessed Value$568,800

Land Value$232,000

Building Value$336,800

Annual Tax$9,012

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $22K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Closed

$16K

MINNESOTA EXTERIORS INC

ResSep 2023Closed

Northern's Benjamin Franklin Plumbing

MiscOct 2019Closed

$6K

TODAYS EXTERIORS 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 width68 ft

Buildable depth42 ft

Area~3,318 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 3,318 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1253 CEDAR LAKE RD S MINNEAPOLIS MN 55416	NOAH BURROUGHS & KIRA LE	RESIDENTIAL	$780,000	48 ft
1261 CEDAR LAKE RD S MINNEAPOLIS MN 55416	A T HOFMANN & J T PALM	RESIDENTIAL	$555,200	53 ft
1247 CEDAR LAKE RD S MINNEAPOLIS MN 55416	KEVIN RUSSELL KNUTSON	RESIDENTIAL	$636,000	87 ft
1265 CEDAR LAKE RD S MINNEAPOLIS MN 55416	J STRASBURG & J STRASBURG	RESIDENTIAL	$687,000	96 ft
1252 BROWNIE RD MINNEAPOLIS MN 55416	SARAH GORING & LUCAS GORING	RESIDENTIAL	$804,000	119 ft
1245 CEDAR LAKE RD S MINNEAPOLIS MN 55416	THOMAS G DICKSON	RESIDENTIAL	$1,445,000	124 ft
1250 BROWNIE RD MINNEAPOLIS MN 55416	GLENN R CASPERS	RESIDENTIAL	$454,000	150 ft
1241 CEDAR LAKE RD S MINNEAPOLIS MN 55416	SCOTT NASH & JOEL DEGUZMAN	RESIDENTIAL	$1,187,000	164 ft
1244 LAKEVIEW AVE S MINNEAPOLIS MN 55416	MICHAEL J TIELEMAN	RESIDENTIAL	$483,300	177 ft
1237 CEDAR LAKE RD S MINNEAPOLIS MN 55416	H STEELE & M SORENSON	RESIDENTIAL	$462,900	204 ft

Property History

Most Recent Sale

Date201907

Price$508,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,012