1247 Cedar Lake Rd
Minneapolis, MN 55416
3 bd 3 ba 2,825 sqft Built 1929 Lot 4,356 sqft single_family
Most recent sale
$625,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $625,000 | MLS #6219433 |
| Jun 15, 2022 | Listed | $625,000 | MLS #6219433 |
| Sep 17, 2016 | Sold | $525,000 | MLS #4684374 |
| May 9, 2016 | Price changed | $549,900 | MLS #4684374 |
| Mar 10, 2016 | Price changed | $599,900 | MLS #4684374 |
| Mar 1, 2016 | Listed | $649,000 | MLS #4684374 |
| Apr 1, 1988 | Sold | $97,000 | Public Record |
| May 1, 1985 | Sold | $77,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $412,000 | $195,000 | $607,000 | $9,357 |
| 2024 | $434,000 | $191,000 | $625,000 | $8,509 |
| 2023 | $455,000 | $169,000 | $624,000 | $8,563 |
| 2022 | $447,000 | $144,000 | $591,000 | $8,474 |
| 2021 | $463,900 | $116,600 | $580,500 | $8,011 |
| 2020 | $463,900 | $116,600 | $580,500 | $8,675 |
| 2019 | $463,900 | $116,600 | $580,500 | $8,929 |
| 2018 | $463,900 | $116,600 | $580,500 | $8,109 |
| 2017 | $415,900 | $116,600 | $532,500 | $8,305 |
| 2016 | $426,500 | $106,000 | $532,500 | $8,039 |
| 2015 | $399,000 | $106,000 | $505,000 | $8,550 |
| 2014 | $399,000 | $106,000 | $505,000 | $8,227 |
| 2013 | $355,300 | $98,200 | $453,500 | $8,357 |
| 2012 | — | — | $458,500 | $8,418 |
| 2011 | — | — | $474,000 | $8,407 |
| 2010 | $414,200 | $81,800 | $496,000 | $7,765 |
| 2009 | $437,200 | $81,800 | $519,000 | $7,783 |
| 2008 | $433,200 | $81,800 | $515,000 | $6,266 |
| 2007 | $349,300 | $49,500 | $398,800 | $5,549 |
Property facts
Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,825 sqft
Lot size
4,356 sqft
ZIP code
55416
City
Minneapolis
Street
Cedar Lake Rd
Coordinates
44.96888, -93.32058
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,238
Gross rental yield
8.14%
Implied cap rate
5.29%
Trend-extrapolated value
—
Frequently asked questions
When did 1247 Cedar Lake Rd last sell?
1247 Cedar Lake Rd most recently sold on Aug 15, 2022 for $625,000.
What is the current tax assessment for 1247 Cedar Lake Rd?
The most recent total assessment for 1247 Cedar Lake Rd (year 2025) is $607,000 with $9,357 in property tax.
How does 1247 Cedar Lake Rd's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $625,000.
When was 1247 Cedar Lake Rd built?
1247 Cedar Lake Rd was built in 1929.
How does 1247 Cedar Lake Rd compare to others on Cedar Lake Rd?
We track 8 other properties on Cedar Lake Rd. Browse the list under "Other properties on Cedar Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1247 Cedar Lake Rd?
1247 Cedar Lake Rd is a 3 bed, 3 bath, 2,825 sqft, 4,356 sqft lot single_family.
Is 1247 Cedar Lake Rd a flip candidate?
No — 1247 Cedar Lake Rd does not appear in our flips dataset.
Is 1247 Cedar Lake Rd a tax-appeal candidate?
No — 1247 Cedar Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$588.5K
2026 Q4
$588.5K
ZIP 55416 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cedar Lake Rd