3 months on rocket

166 Cedar Lake Rd N, Minneapolis, MN, 55405

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,530 SqFt
$95/SqFt
Townhouse

Location

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166 Cedar Lake Rd N, Minneapolis$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage
Attached Garage1 space
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6592573
StatusActive

About 166 Cedar Lake Rd N

This is a multi-level, 3-bedroom/2-bath newly constructed townhome. Entrance is on the main level with bedrooms on the upper level and access to the garage on the lower level. This is a community land trust property. The buyer must meet income limitations and other program criteria. The property must be owner-occupied, and resale restrictions apply. Renting is not allowed. Down payment programs are available. Call for additional information.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,530 SqFt

Listing Office:

  • Office Name: City of Lakes Community Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Glenwood Ave., head south on Cedar Lake Rd N, townhomes are on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $95/SqFt

HOA Fees:

  • Amount: $445
  • Frequency: Monthly
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Housing Market Comparison

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

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

166 Cedar Lake Rd N vs Minneapolis

116 DAYS ON ROCKET

+83 Days

$145,000

-$204.9K Less

$95/SqFt

-$107 Less

KEY TAKEAWAY

This property is $204.9K less than the Median Sold Price and $107/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6592573

Listing Office:

  • Office Name: City of Lakes Community Realty

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Last updated on: 12/22/2024, 8:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,236

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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.

Nearby Schools

school-card-donut-1068271
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-1068272
1
/10

  • Bryn Mawr Community School

  • 252 Upton Ave S

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-1068273
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 1.16 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,662. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 166 Cedar Lake Rd N

What is the listing price of this property?

The listing price of 166 Cedar Lake Rd N property is $145,000.

What type of property is this?

The property 166 Cedar Lake Rd N is a townhouse located in Minneapolis, Minnesota, 55405.

Is this property for sale now?

Active Listing: 166 Cedar Lake Rd N is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 166 Cedar Lake Rd N has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 166 Cedar Lake Rd N is 1,530 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 166 Cedar Lake Rd N is 2024.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›166 Cedar Lake Rd N

This home is located at 166 Cedar Lake Rd N in Minneapolis, MN and zip code 55405 in the Near North neighborhood. This 1,530 square foot home was built in 2024. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $145,000.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. The median list price of listings available in November 2024 was $349,986, while the average time on the real estate market was 33 days.

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

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