1400 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310066

Property Overview

Parcel ID2902924310066

Lot Size8,319 sq ft (0.191 ac)

Lot Dimensions (est.)141 ft wide × 59 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerD HUTCHESON/R C HUTCHESON

Assessed Value$824,500

Land Value$256,000

Building Value$568,500

Annual Tax$13,849

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2014 · $140K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$13K

SCHMIDT ROOFING INC

ExistresDec 2020Closed

Midland HVAC LLC

ResJan 2020Closed

Huber Plumbing Co LLC

ExistresJul 2018Closed

Residential Heating and Air Conditioning Inc

Building Re-inspectionDec 2014

$126K

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

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 width128 ft

Buildable depth19 ft

Area~4,730 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 4,730 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
1408 LAKEVIEW AVE S MINNEAPOLIS MN 55416	BRADFORD B HENRY ET AL	RESIDENTIAL	$684,000	60 ft
1412 LAKEVIEW AVE S MINNEAPOLIS MN 55416	C T TOLCK & A W CURTIS	RESIDENTIAL	$552,100	109 ft
1252 BROWNIE RD MINNEAPOLIS MN 55416	SARAH GORING & LUCAS GORING	RESIDENTIAL	$804,000	127 ft
1250 BROWNIE RD MINNEAPOLIS MN 55416	GLENN R CASPERS	RESIDENTIAL	$454,000	141 ft
1401 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	DENNIS J HOFFMAN	RESIDENTIAL	$532,000	149 ft
1416 LAKEVIEW AVE S MINNEAPOLIS MN 55416	BENJAMIN BERG & ANN BERG	RESIDENTIAL	$506,400	149 ft
1401 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JUDITH ANN PRESTON TRUST	RESIDENTIAL	$705,600	158 ft
1409 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	THEANG HO	RESIDENTIAL	$597,000	159 ft
1244 LAKEVIEW AVE S MINNEAPOLIS MN 55416	MICHAEL J TIELEMAN	RESIDENTIAL	$483,300	167 ft
1265 CEDAR LAKE RD S MINNEAPOLIS MN 55416	J STRASBURG & J STRASBURG	RESIDENTIAL	$687,000	187 ft

Property History

Most Recent Sale

Date202209

Price$814,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,849