1164 CEDAR VIEW DR MINNEAPOLIS MN 55405

PID: 2902924420090

Property Overview

Parcel ID2902924420090

Lot Size11,543 sq ft (0.265 ac)

Lot Dimensions (est.)134 ft wide × 86 ft deep

Year Built1962

Property ClassRESIDENTIAL

OwnerVICKY S ERCOLANI TRUST

Assessed Value$663,000

Land Value$291,000

Building Value$372,000

Annual Tax$10,795

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · $23K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$23K

BERKSHIRE HOME SOLUTIONS

ExistresJul 2021Closed

Standard Heating and Air Conditioning 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 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width193 ft

Buildable depth17 ft

Area~4,648 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 4,648 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
1137 XERXES AVE S MINNEAPOLIS MN 55405	W N & S M ROBINER	RESIDENTIAL	$759,100	104 ft
1140 WASHBURN AVE S MINNEAPOLIS MN 55405	C D DONNELL & S B HARRIS	RESIDENTIAL	$576,200	116 ft
1156 CEDAR VIEW DR MINNEAPOLIS MN 55405	CHARLES H SCRIVER REVOC TR	RESIDENTIAL	$600,000	116 ft
1177 CEDAR VIEW DR MINNEAPOLIS MN 55405	JOHN R OLSON/SOLVEIG L OLSON	RESIDENTIAL	$583,100	172 ft
1133 XERXES AVE S MINNEAPOLIS MN 55405	A GOODMAN & J GOODMAN	RESIDENTIAL	$650,900	178 ft
1132 WASHBURN AVE S MINNEAPOLIS MN 55405	DAVID LAROSE & STACY BUSACK	RESIDENTIAL	$796,000	184 ft
1161 CEDAR VIEW DR MINNEAPOLIS MN 55405	IAN M ARMITAGE	RESIDENTIAL	$605,000	189 ft
1148 XERXES AVE S MINNEAPOLIS MN 55405	S HILLIGOSS-MOE & A MOE	RESIDENTIAL	$752,400	201 ft
1167 CEDAR VIEW DR MINNEAPOLIS MN 55405	LEO JOSEPH VERRETT & WIFE	RESIDENTIAL	$647,400	206 ft
1171 CEDAR VIEW DR MINNEAPOLIS MN 55405	R R WILLETTE & C H WILLETE	RESIDENTIAL	$934,000	206 ft

Property History

Most Recent Sale

Date198608

Price$160,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,795