2012 CEDAR LAKE PKWY MINNEAPOLIS MN 55416

PID: 3202924220032

Property Overview

Parcel ID3202924220032

Lot Size12,055 sq ft (0.277 ac)

Lot Dimensions (est.)170 ft wide × 71 ft deep

Year Built2020

Property ClassRESIDENTIAL

OwnerJANE L GORENCE TRUST

Assessed Value$1,627,000

Land Value$769,000

Building Value$858,000

Annual Tax$29,031

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

14 permits on record since 2017 · $1.2M total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Final Inspection

Hero Home Services LLC

MiscOct 2023Closed

$40K

ALL ELEMENTS INC

ExistresJun 2023Closed

Midwest Electric & Generator Inc

RemodelSep 2020Closed

$48K

Ground One Enterprises of MN LLC

ExistresAug 2020Closed

TEAM MECHANICAL 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

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 width60 ft

Buildable depth132 ft

Area~6,716 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 6,716 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2004 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	T C KANE & B L LANGTON	RESIDENTIAL	$1,235,000	72 ft
2020 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	DOMINIQUE CONSEIL TRUST ETAL	RESIDENTIAL	$1,772,500	87 ft
2000 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	BRENDA K LAUX REV TRUST	RESIDENTIAL	$1,033,000	137 ft
2017 DREW AVE S MINNEAPOLIS MN 55416	CHRISTOPHER D & VENKE DAVIS	RESIDENTIAL	$774,900	143 ft
2011 DREW AVE S MINNEAPOLIS MN 55416	ALEC LARSON	RESIDENTIAL	$749,600	150 ft
2024 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	JOHN C GOETZ REVOCABLE TRUST	RESIDENTIAL	$860,000	160 ft
2021 DREW AVE S MINNEAPOLIS MN 55416	JAMES B PROMAN ETAL	RESIDENTIAL	$915,800	162 ft
2007 DREW AVE S MINNEAPOLIS MN 55416	D H JUDA & E M JUDA TRUSTS	RESIDENTIAL	$640,900	172 ft
2001 DREW AVE S MINNEAPOLIS MN 55416	JOSSEF ARIE & KSENIA ARIE	RESIDENTIAL	$769,100	197 ft
2028 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	JOHN C GOETZ REVOCABLE TRUST	RESIDENTIAL	$844,900	211 ft

Property History

Most Recent Sale

Date201701

Price$766,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$29,031