2515 BURNHAM RD MINNEAPOLIS MN 55416

PID: 3202924130012

Property Overview

Parcel ID3202924130012

Lot Size6,885 sq ft (0.158 ac)

Lot Dimensions (est.)122 ft wide × 57 ft deep

Year Built1971

Property ClassRESIDENTIAL

OwnerC MCLAUGHLIN & B ECKROTH

Assessed Value$579,000

Land Value$292,000

Building Value$287,000

Annual Tax$9,206

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

4 permits on record since 2017 · $22K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Inspection

Standard Heating and Air Conditioning Inc

MiscSep 2023Closed

$9K

KEYPRIME ROOFING AND REMODELING

AdditionOct 2017Closed

$8K

HANSON REMODELING

MiscApr 2017Closed

$5K

RENEWAL BY ANDERSEN CORP

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Cedar - Isles - Dean · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth75 ft

Area~1,581 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 sfr / adu benchmarks for 1,581 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2507 BURNHAM RD MINNEAPOLIS MN 55416	BURTON SWAN & MARICA MILLER	RESIDENTIAL	$621,100	63 ft
2519 BURNHAM RD MINNEAPOLIS MN 55416	J A MUELLERLEILE & T L SMALL	RESIDENTIAL	$880,200	63 ft
2501 BURNHAM RD MINNEAPOLIS MN 55416	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	123 ft
2525 BURNHAM RD MINNEAPOLIS MN 55416	JULIE TANAKA/TARO TANAKA TR	RESIDENTIAL	$1,131,000	141 ft
2707 BURNHAM BLVD MINNEAPOLIS MN 55416	J J KREMER & J J YOUNG	RESIDENTIAL	$840,900	172 ft
2516 BURNHAM RD MINNEAPOLIS MN 55416	JESSICA L LEISZ	RESIDENTIAL	$411,100	199 ft
2820 26TH ST W MINNEAPOLIS MN 55405	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	200 ft
2520 BURNHAM RD MINNEAPOLIS MN 55416	M R DANIELS & J A DANIELS	RESIDENTIAL	$450,900	219 ft
2537 BURNHAM RD MINNEAPOLIS MN 55416	G N PUZAK & C W PUZAK	RESIDENTIAL	$491,000	236 ft
2711 BURNHAM BLVD MINNEAPOLIS MN 55416	STEVEN P & ANNA K STOESZ	RESIDENTIAL	$1,002,400	248 ft

Property History

Most Recent Sale

Date202409

Price$780,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,206