2 years on rocket

1964 Cedar Lake Pkwy, Minneapolis, MN, 55416

$1,150,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #6228634
StatusActive

About 1964 Cedar Lake Pkwy

Amazing opportunity to Build New on one of the best hilltop lots overlooking Cedar Lake and the Minneapolis Skyline! Truly incredible views not found anywhere else in the city. An electrical fire affected a portion of the home which currently does not have electrical or plumbing running. Home is currently unoccupied and will be sold AS-IS. The home structure is intact to be viewed. Call your Builder or Contractor — this home/lot offers a rare opportunity to build your dream home! Appointments must be made, even if only walking the lot. Values over 3 million in the neighborhood.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

School Info

Assigned Schools Information:

  • Anwatin Middle Community School, Public District Grades 6-8
  • Bryn Mawr Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: Cedar Lake Parkway to Franklin, 1/2 block to alley, turn right--2 houses up, park in driveway( room for 3 cars) . No parking on CLP.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000

Tax Information:

  • Annual Amount: $18,905
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$348.4K

Med. Price/SqFt

$202

Avg. Days On Market

28

# of Sold Homes

927

1964 Cedar Lake Pkwy vs Minneapolis

830 DAYS ON ROCKET

+802 Days

$1,150,000

+$801.5K More

KEY TAKEAWAY

This property is $801.5K more than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6228634

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

Listing History

Sep 17, 2004Home Sold
$900,000

Tax History

YEARPROP. TAXASSESSMENT
2020$18,905$1,225,000
2019$20,436$1,225,000
2018$19,941$1,166,500
2017$18,350$1,070,000

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1255587
1
/10
  • Bryn Mawr Elementary

  • 252 Upton Ave S

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1255588
1
/10
  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 0.83 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,531. Residents of Minneapolis, MN typically earn between $100k-200k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1964 Cedar Lake Pkwy

What is the listing price of this property?

The listing price of 1964 Cedar Lake Pkwy property is $1,150,000.

What type of property is this?

The property 1964 Cedar Lake Pkwy is land located in Minneapolis, Minnesota, 55416.

Is this property for sale now?

Active Listing: 1964 Cedar Lake Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1964 Cedar Lake Pkwy are:
Bryn Mawr Elementary: GreatSchools Rating 1/10
Anwatin Middle Community School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,905 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 17, 2004 for $900,000. (source: MLS/tax record).
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Rocket HomesMinnesotaHennepin CountyMinneapolis554161964 Cedar Lake Pkwy

This home is located at 1964 Cedar Lake Pkwy in Minneapolis, MN and zip code 55416 in the Calhoun-Isles neighborhood. It has been listed on Rocket Homes since June 30, 2022 and is currently priced at $1,150,000.

In September 2024 more than 378 listings in Minneapolis, MN were sold above the asking price. During the same period more than 213 listings were sold at asking price, while more than 336 were sold below. The number of listings in Minneapolis, MN increased by 7.4% between August 2024 and September 2024. In September 2024 median list price was $348,456 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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