1415 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310086

Property Overview

Parcel ID2902924310086

Lot Size5,825 sq ft (0.134 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJ L WOLDORSKY & M J JELLISON

Assessed Value$587,900

Land Value$223,000

Building Value$364,900

Annual Tax$9,374

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $27K total declared value · Most recent: Aug 2024 (existres)

ExistresAug 2024Inspection

Northern Lights Heating & Air Conditioning LLC

MiscOct 2023Closed

$15K

Verde Restorations

MiscOct 2023Closed

$9K

Verde Restorations

MiscSep 2023Closed

$3K

RENEWAL BY ANDERSEN CORP

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 width45 ft

Buildable depth66 ft

Area~3,075 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 3,075 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
1419 LAKEVIEW AVE S MINNEAPOLIS MN 55416	A R SMITH & M R SMITH	RESIDENTIAL	$501,000	47 ft
1401 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JUDITH ANN PRESTON TRUST	RESIDENTIAL	$705,600	89 ft
1423 LAKEVIEW AVE S MINNEAPOLIS MN 55416	R G MARGARIT & A M MARGARIT	RESIDENTIAL	$572,300	94 ft
1218 EDLIN PL MINNEAPOLIS MN 55416	J J ZUCKERMAN/L POGOFF TRUST	RESIDENTIAL	$452,400	123 ft
1241 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JOHN K KAIYALETHE ETAL	RESIDENTIAL	$483,400	130 ft
1427 LAKEVIEW AVE S MINNEAPOLIS MN 55416	B & N COLEHOUR	RESIDENTIAL	$653,000	156 ft
1237 LAKEVIEW AVE S MINNEAPOLIS MN 55416	F G CARLSON/S J FREDERICKSON	RESIDENTIAL	$505,700	161 ft
1214 EDLIN PL MINNEAPOLIS MN 55416	KATHERINE ROEK	RESIDENTIAL	$556,400	164 ft
1412 LAKEVIEW AVE S MINNEAPOLIS MN 55416	C T TOLCK & A W CURTIS	RESIDENTIAL	$552,100	185 ft
1416 LAKEVIEW AVE S MINNEAPOLIS MN 55416	BENJAMIN BERG & ANN BERG	RESIDENTIAL	$506,400	187 ft

Property History

Current Tax Year

Year2026

Tax Due$9,374