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

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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1964 Cedar Lake Pkwy vs Minneapolis

877 DAYS ON ROCKET

+843 Days

$1,150,000

+$800.1K More

KEY TAKEAWAY

This property is $800.1K 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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Last updated on: 11/24/2024, 9:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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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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-1122976
4
/10
  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-1122977
1
/10
  • Bryn Mawr Community School

  • 252 Upton Ave S

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-1122978
6
/10
  • Meadowbrook Elementary

  • 5430 Glenwood Ave

  • 1.61 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,531. Most Minneapolis, MN residents have annual incomes between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 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 October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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