2232 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405

PID: 3302924220092

Property Overview

Parcel ID3302924220092

Lot Size14,319 sq ft (0.329 ac)

Lot Dimensions (est.)158 ft wide × 91 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerM ROGERS & A M HARTMAN

Assessed Value$2,606,000

Land Value$1,294,000

Building Value$1,312,000

Annual Tax$47,550

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2014 · $171K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$9K

SCHERER BROTHERS LUMBER CO

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$15K

Summit Construction Group

MiscDec 2021Closed

$5K

SCHERER BROTHERS LUMBER CO

ResNov 2021Closed

Dan's Sewer Service INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

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 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width98 ft

Buildable depth93 ft

Area~9,263 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 9,263 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2240 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	DAVID STENNES & MARY STENNES	RESIDENTIAL	$2,044,400	86 ft
2224 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	ANDREW DORNBUSCH	RESIDENTIAL	$3,343,000	98 ft
2323 NEWTON AVE S MINNEAPOLIS MN 55405	K M CHEW & Y M LEONG	RESIDENTIAL	$926,100	153 ft
2325 NEWTON AVE S MINNEAPOLIS MN 55405	P G JONES & S C JONES TRUSTE	RESIDENTIAL	$890,400	162 ft
2317 NEWTON AVE S MINNEAPOLIS MN 55405	JOAN E WERNICK REVOC TRUST	RESIDENTIAL	$990,200	169 ft
2250 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	B H ANDERSON/J R ANDERSON TR	RESIDENTIAL	$3,487,000	175 ft
2329 NEWTON AVE S MINNEAPOLIS MN 55405	SARAH JAND RAND	RESIDENTIAL	$1,363,600	189 ft
2315 NEWTON AVE S MINNEAPOLIS MN 55405	GEORGE O HILGERMANN JR	RESIDENTIAL	$696,600	197 ft
2218 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	VIRGINIE TRUST	RESIDENTIAL	$3,746,000	199 ft
2333 NEWTON AVE S MINNEAPOLIS MN 55405	HAESHIK GORR & SVEN GORR	RESIDENTIAL	$1,177,300	229 ft

Property History

Most Recent Sale

Date201404

Price$1,500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$47,550