1155 CEDAR VIEW DR MINNEAPOLIS MN 55405

PID: 2902924420106

Property Overview

Parcel ID2902924420106

Lot Size10,742 sq ft (0.247 ac)

Lot Dimensions (est.)95 ft wide × 112 ft deep

Year Built1963

Property ClassRESIDENTIAL

OwnerP R SIMPSON & M E SIMPSON

Assessed Value$658,000

Land Value$312,000

Building Value$346,000

Annual Tax$10,700

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $36K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$3K

Mohler Chimney Repair LLC

MiscFeb 2024Closed

$19K

KAUFMAN SHEET METAL ROOFING INC

MiscAug 2018Closed

$14K

SCHERER BROTHERS LUMBER CO

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 width65 ft

Buildable depth103 ft

Area~6,705 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 6,705 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
1161 CEDAR VIEW DR MINNEAPOLIS MN 55405	IAN M ARMITAGE	RESIDENTIAL	$605,000	75 ft
1149 CEDAR VIEW DR MINNEAPOLIS MN 55405	P EHRMANTRAUT & S JOHNSON	RESIDENTIAL	$600,900	75 ft
1143 CEDAR VIEW DR MINNEAPOLIS MN 55405	SANDRA SWEATT HULL	RESIDENTIAL	$578,000	150 ft
1167 CEDAR VIEW DR MINNEAPOLIS MN 55405	LEO JOSEPH VERRETT & WIFE	RESIDENTIAL	$647,400	167 ft
1156 CEDAR VIEW DR MINNEAPOLIS MN 55405	CHARLES H SCRIVER REVOC TR	RESIDENTIAL	$600,000	171 ft
1164 CEDAR VIEW DR MINNEAPOLIS MN 55405	VICKY S ERCOLANI TRUST	RESIDENTIAL	$663,000	215 ft
1137 CEDAR VIEW DR MINNEAPOLIS MN 55405	CURT S PETERSON TRUST	RESIDENTIAL	$641,400	225 ft
1140 WASHBURN AVE S MINNEAPOLIS MN 55405	C D DONNELL & S B HARRIS	RESIDENTIAL	$576,200	234 ft
1171 CEDAR VIEW DR MINNEAPOLIS MN 55405	R R WILLETTE & C H WILLETE	RESIDENTIAL	$934,000	245 ft
1148 CEDAR VIEW DR MINNEAPOLIS MN 55405	D C LILJA REVOCABLE LV FM TR	RESIDENTIAL	$515,300	252 ft

Property History

Most Recent Sale

Date202104

Price$575,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,700