2410 LAKE PL MINNEAPOLIS MN 55405

PID: 3302924240010

Property Overview

Parcel ID3302924240010

Lot Size7,493 sq ft (0.172 ac)

Lot Dimensions (est.)156 ft wide × 48 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerSANDRA K NELSON

Assessed Value$800,000

Land Value$459,000

Building Value$341,000

Annual Tax$13,386

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $42K total declared value · Most recent: Dec 2023 (res)

ResDec 2023Closed

Urban Pine Plumbing and Mechanical Inc

MiscSep 2023Closed

$27K

KAUFMAN SHEET METAL ROOFING INC

MiscMay 2021Closed

$16K

KAUFMAN SHEET METAL ROOFING INC

ExistresDec 2019Closed

Pronto Heating & Air Conditioning Inc

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

Neighborhood Profile

East Isles · Minneapolis

Median reported rent1,226/mo

Renter-occupied49.6%

Median home value$548K

Vacancy rate7.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1066

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 width40 ft

Buildable depth110 ft

Area~4,393 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 4,393 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
2404 LAKE PL MINNEAPOLIS MN 55405	K HART & A NORWOOD	RESIDENTIAL	$762,000	50 ft
2414 LAKE PL MINNEAPOLIS MN 55405	BENJAMIN KERL & ABIGAIL KERL	RESIDENTIAL	$1,406,900	63 ft
2400 LAKE PL MINNEAPOLIS MN 55405	AMY SCHREMPP/FRANCIS KIGOZI	RESIDENTIAL	$716,700	100 ft
2420 LAKE PL MINNEAPOLIS MN 55405	KATHERINE D RICHARDSON	RESIDENTIAL	$1,430,000	138 ft
2328 LAKE PL MINNEAPOLIS MN 55405	MINN SOCIETY OF FINE ARTS	COMMERCIAL-PREFERRED	$0	150 ft
2409 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	B J LONGE & M E LONGE	RESIDENTIAL	$1,905,000	186 ft
2405 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	LAKEVIEW PROPERTIES LLC	RESIDENTIAL	$2,556,100	189 ft
2411 LAKE PL MINNEAPOLIS MN 55405	BRUCE T DOWNING	RESIDENTIAL	$671,000	194 ft
2415 LAKE PL MINNEAPOLIS MN 55405	D B GOLD & A T BROOME	RESIDENTIAL	$691,000	197 ft
2324 LAKE PL MINNEAPOLIS MN 55405	P J SHANEDLING & E R RATNER	RESIDENTIAL	$1,144,400	201 ft

Property History

Most Recent Sale

Date199410

Price$229,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$13,386