25 PARK LA MINNEAPOLIS MN 55416

PID: 3202924310012

Property Overview

Parcel ID3202924310012

Lot Size13,604 sq ft (0.312 ac)

Lot Dimensions (est.)243 ft wide × 56 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerFRANCES R WILKINSON TRUST

Assessed Value$1,458,300

Land Value$633,000

Building Value$825,300

Annual Tax$26,833

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $96K total declared value · Most recent: Feb 2024 (addition)

AdditionFeb 2024Closed

$41K

LIND NELSON CONSTRUCTION INC

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResSep 2023Closed

Twin City Fireplace & Stone Company

ExistresMar 2022Closed

Seasonal Control Mechanical Division Inc

ResFeb 2022Closed

Wenzel-Plymouth Plumbing LLC

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 width233 ft

Buildable depth16 ft

Area~8,715 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 8,715 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
29 PARK LA MINNEAPOLIS MN 55416	LYNN G PERL	RESIDENTIAL	$1,071,000	64 ft
21 PARK LA MINNEAPOLIS MN 55416	SCOTT G HARRIS REV TRUST	RESIDENTIAL	$1,128,800	79 ft
3 PARK LA MINNEAPOLIS MN 55416	ELISABETH HURLIMAN	RESIDENTIAL	$1,489,000	117 ft
31 PARK LA MINNEAPOLIS MN 55416	CHRISTOPHER BEMIS	RESIDENTIAL	$880,900	136 ft
15 PARK LA MINNEAPOLIS MN 55416	ELIZABETH A KILBURG	RESIDENTIAL	$1,368,300	139 ft
33 PARK LA MINNEAPOLIS MN 55416	BETH ANN SWEDBERG TRUST ETAL	RESIDENTIAL	$1,478,000	225 ft
26 PARK LA MINNEAPOLIS MN 55416	M WELTON & C WELTON REV TRST	RESIDENTIAL	$1,971,000	235 ft
24 PARK LA MINNEAPOLIS MN 55416	D J GILDNER & G P GILDNER	RESIDENTIAL	$1,700,000	237 ft
28 PARK LA MINNEAPOLIS MN 55416	CHARLES A & JULIE B ZELLE	RESIDENTIAL	$2,343,000	252 ft
22 PARK LA MINNEAPOLIS MN 55416	SHELLY A MARETTE REV TR ETAL	RESIDENTIAL	$1,609,300	256 ft

Property History

Most Recent Sale

Date202107

Price$1,300,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$26,833