3515 CEDAR LAKE AVE MINNEAPOLIS MN 55416

PID: 3202924320073

Property Overview

Parcel ID3202924320073

Lot Size12,679 sq ft (0.291 ac)

Lot Dimensions (est.)107 ft wide × 118 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerEVAN G CARLSON

Assessed Value$1,125,000

Land Value$593,000

Building Value$532,000

Annual Tax$19,535

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2018 · $467K total declared value · Most recent: Mar 2025 (misc)

MiscMar 2025Closed

$384K

Hunters Precision Construction & Roofing Inc

ResSep 2022Closed

Precision Plumbing and Heating Inc

RemodelSep 2022Closed

$75K

SICORA INC

ExistresSep 2022Closed

Flare Heating & Air Conditioning, Inc.

ExistresAug 2022Closed

STAFFORD HOME SERVICE

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 width80 ft

Buildable depth101 ft

Area~8,074 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 8,074 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3523 CEDAR LAKE AVE MINNEAPOLIS MN 55416	JOSHUA D BUERMANN ET AL	RESIDENTIAL	$828,700	67 ft
3509 CEDAR LAKE AVE MINNEAPOLIS MN 55416	MICHAEL GALLOPE/EMILY CAPPER	RESIDENTIAL	$710,000	95 ft
3508 28TH ST W MINNEAPOLIS MN 55416	DONNY J BARNES	RESIDENTIAL	$986,200	110 ft
3527 CEDAR LAKE AVE MINNEAPOLIS MN 55416	MARK S WERNICK	RESIDENTIAL	$708,000	112 ft
3512 28TH ST W MINNEAPOLIS MN 55416	D M CASS & E K BARRERE	RESIDENTIAL	$730,300	131 ft
3520 28TH ST W MINNEAPOLIS MN 55416	MARY S KING	RESIDENTIAL	$786,000	149 ft
3503 CEDAR LAKE AVE MINNEAPOLIS MN 55416	C TRAN & R DAVID	RESIDENTIAL	$1,237,400	156 ft
3531 CEDAR LAKE AVE MINNEAPOLIS MN 55416	CHARLOTTE B SANFORD	RESIDENTIAL	$672,000	157 ft
3526 28TH ST W MINNEAPOLIS MN 55416	A & B ABRAHAM	RESIDENTIAL	$801,100	175 ft
3535 CEDAR LAKE AVE MINNEAPOLIS MN 55416	JAMES ULLAND/KRISTIN ULLAND	RESIDENTIAL	$698,000	202 ft

Property History

Most Recent Sale

Date201811

Price$850,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,535