2214 CEDAR LAKE PKWY MINNEAPOLIS MN 55416

PID: 3202924220063

Property Overview

Parcel ID3202924220063

Lot Size9,514 sq ft (0.218 ac)

Lot Dimensions (est.)176 ft wide × 54 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerA B & D M DIVECHA REV TRUST

Assessed Value$2,064,000

Land Value$696,000

Building Value$1,368,000

Annual Tax$37,297

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2000 · $2.6M total declared value · Most recent: Jan 2023 (accessory)

AccessoryJan 2023Closed

$55K

CUSTOM POOLS INC

RemodelJul 2022Closed

$9K

MOULI ENGINEERING INC DBA SOLARPOD

ResJun 2022Closed

4Front Energy Solutions Inc

AccessoryJun 2022Closed

$10K

Bollig and Sons Inc

ExistresJan 2022Closed

Genz-Ryan Plumbing and Heating 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 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

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 width163 ft

Buildable depth14 ft

Area~5,874 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 5,874 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2220 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	JILL S ORBUCH/DAVID B ORBUCH	RESIDENTIAL	$1,583,000	59 ft
2210 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	S NIELSEN & K NIELSEN	RESIDENTIAL	$1,209,000	67 ft
2224 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	CEDAR TRIO REV TRUST	RESIDENTIAL	$1,434,000	135 ft
2200 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	K E SCHENK & A W MAHNKE	RESIDENTIAL	$1,035,000	150 ft
2313 CEDAR SHORE DR MINNEAPOLIS MN 55416	S G GRAHAM & S R DAVIS	RESIDENTIAL-TWO UNIT	$921,700	152 ft
2211 DREW AVE S MINNEAPOLIS MN 55416	R & D CHILDERS REVLIV TRUST	RESIDENTIAL	$729,900	182 ft
3507 22ND ST W MINNEAPOLIS MN 55416	P BIGLIARDI & M BIGLIARDI-QI	RESIDENTIAL	$1,324,700	203 ft
2207 DREW AVE S MINNEAPOLIS MN 55416	JAMES GROCHAL	RESIDENTIAL	$539,000	217 ft
3501 24TH ST W MINNEAPOLIS MN 55416	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	244 ft
3515 22ND ST W MINNEAPOLIS MN 55416	TAHIR KAYANI	RESIDENTIAL	$466,000	258 ft

Property History

Most Recent Sale

Date202011

Price$1,520,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$37,297