1419 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310087

Property Overview

Parcel ID2902924310087

Lot Size6,018 sq ft (0.138 ac)

Lot Dimensions (est.)137 ft wide × 44 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerA R SMITH & M R SMITH

Assessed Value$501,000

Land Value$226,000

Building Value$275,000

Annual Tax$7,705

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $17K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Closed

$17K

PERFECT EXTERIORS OF MINNESOTA INC

ExistresJun 2023Closed

CENTERPOINT ENERGY

ResFeb 2021Closed

MN Plumbing & Home Services 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 width35 ft

Buildable depth94 ft

Area~3,255 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 3,255 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
1415 LAKEVIEW AVE S MINNEAPOLIS MN 55416	J L WOLDORSKY & M J JELLISON	RESIDENTIAL	$587,900	47 ft
1423 LAKEVIEW AVE S MINNEAPOLIS MN 55416	R G MARGARIT & A M MARGARIT	RESIDENTIAL	$572,300	47 ft
1218 EDLIN PL MINNEAPOLIS MN 55416	J J ZUCKERMAN/L POGOFF TRUST	RESIDENTIAL	$452,400	106 ft
1427 LAKEVIEW AVE S MINNEAPOLIS MN 55416	B & N COLEHOUR	RESIDENTIAL	$653,000	109 ft
1401 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JUDITH ANN PRESTON TRUST	RESIDENTIAL	$705,600	134 ft
1214 EDLIN PL MINNEAPOLIS MN 55416	KATHERINE ROEK	RESIDENTIAL	$556,400	152 ft
1241 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JOHN K KAIYALETHE ETAL	RESIDENTIAL	$483,400	167 ft
1237 LAKEVIEW AVE S MINNEAPOLIS MN 55416	F G CARLSON/S J FREDERICKSON	RESIDENTIAL	$505,700	191 ft
1436 LAKEVIEW AVE S MINNEAPOLIS MN 55416	R D WRIGHT & L SAGER WRIGHT	RESIDENTIAL	$946,000	197 ft
1424 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JUSTIN THOMAS PANKA	RESIDENTIAL	$480,000	204 ft

Property History

Most Recent Sale

Date201807

Price$492,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,705