2700 SUNSET BLVD MINNEAPOLIS MN 55416

PID: 3202924330096

Property Overview

Parcel ID3202924330096

Lot Size6,885 sq ft (0.158 ac)

Lot Dimensions (est.)46 ft wide × 151 ft deep

Year Built1997

Property ClassRESIDENTIAL

OwnerK J PETERSEN & M BLOMMER

Assessed Value$960,000

Land Value$375,000

Building Value$585,000

Annual Tax$16,413

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2009 · $72K total declared value · Most recent: Oct 2025 (remodel)

RemodelOct 2025Closed

$6K

CEDAR CREEK ENERGY CORP

MiscJun 2024Closed

$3K

STEPHEN P DONNELLY CO INC

MiscFeb 2020Closed

$2K

THE HOME DEPOT

Building Re-inspectionMar 2009

$62K

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

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 width33 ft

Buildable depth111 ft

Area~3,599 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 3,599 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2702 SUNSET BLVD MINNEAPOLIS MN 55416	GREGORY J MCCOY	RESIDENTIAL	$1,196,800	43 ft
3609 28TH ST W MINNEAPOLIS MN 55416	CAROL A LANGE	RESIDENTIAL	$612,000	85 ft
2805 CHOWEN AVE S MINNEAPOLIS MN 55416	GEORGIANNA D LUDCKE	RESIDENTIAL	$672,200	118 ft
2740 CHOWEN AVE S MINNEAPOLIS MN 55416	ROY M CLOSE ETAL	RESIDENTIAL	$737,600	161 ft
3537 28TH ST W MINNEAPOLIS MN 55416	ADAM M CLARK & ANNIE CLARK	RESIDENTIAL	$761,200	167 ft
2749 DREW AVE S MINNEAPOLIS MN 55416	W & N RODMAN	RESIDENTIAL	$768,700	177 ft
2755 DREW AVE S MINNEAPOLIS MN 55416	AMY L CASEY-PAAL REV TRUST	RESIDENTIAL	$883,300	183 ft
2745 DREW AVE S MINNEAPOLIS MN 55416	C M BIERBAUM & S M BIERBAUM	RESIDENTIAL	$735,500	185 ft
2736 CHOWEN AVE S MINNEAPOLIS MN 55416	S HOAGLUND & Z G HOAGLUND	RESIDENTIAL	$760,000	201 ft
2701 SUNSET BLVD MINNEAPOLIS MN 55416	C E M & N U C OLDENBURG TRS	RESIDENTIAL	$548,000	201 ft

Property History

Most Recent Sale

Date202410

Price$960,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,413