4 PARK LA MINNEAPOLIS MN 55416

PID: 3202924130097

Property Overview

Parcel ID3202924130097

Lot Size22,495 sq ft (0.516 ac)

Lot Dimensions (est.)216 ft wide × 104 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerMARY L SCHWEBEL

Assessed Value$3,101,000

Land Value$1,221,000

Building Value$1,880,000

Annual Tax$58,378

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2016 · Most recent: May 2019 (existres)

ExistresMay 2019Closed

Select Mechanical Services Inc

ExistresOct 2018Closed

Select Mechanical Services Inc

ResMay 2018Closed

Vito Mechanical Inc

ExistresDec 2016Closed

Select Mechanical Services Inc

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$465K+12.0% YoY

Median price / sqft$265/sqft

Median days to close20 days

Active listings108

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width203 ft

Buildable depth64 ft

Area~15,025 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 15,025 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6 PARK LA MINNEAPOLIS MN 55416	WILLIAM Z PENTELOVITCH	RESIDENTIAL	$1,757,700	112 ft
2600 BURNHAM RD MINNEAPOLIS MN 55416	CITY OF MINNEAPOLIS PK BOARD	LAND-COMMERCIAL	$0	125 ft
3 PARK LA MINNEAPOLIS MN 55416	ELISABETH HURLIMAN	RESIDENTIAL	$1,489,000	183 ft
2565 BURNHAM RD MINNEAPOLIS MN 55416	DENNY KLAUSE & MIKO A MERCER	RESIDENTIAL	$1,184,000	200 ft
8 PARK LA MINNEAPOLIS MN 55416	CEDAR PARK LANE LLC	RESIDENTIAL	$3,289,000	204 ft
15 PARK LA MINNEAPOLIS MN 55416	ELIZABETH A KILBURG	RESIDENTIAL	$1,368,300	206 ft
2550 BURNHAM RD MINNEAPOLIS MN 55416	J R SCHWEBEL & M L SCHWEBEL	VACANT LAND-RESIDENTIAL	$646,000	234 ft
2561 BURNHAM RD MINNEAPOLIS MN 55416	W LUNDEN & J LUNDEN	RESIDENTIAL-TWO UNIT	$859,900	243 ft
21 PARK LA MINNEAPOLIS MN 55416	SCOTT G HARRIS REV TRUST	RESIDENTIAL	$1,128,800	280 ft
2601 BURNHAM RD MINNEAPOLIS MN 55416	J H & A M LEE	RESIDENTIAL	$691,200	288 ft

Property History

Current Tax Year

Year2026

Tax Due$58,378