NOT LISTED FOR SALE

224 Cedar Lake Rd S Minneapolis, MN 55405

Bryn Mawr Neighborhood

Estimated Value: $1,375,977

-- Bed
-- Bath
5,030 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 224 Cedar Lake Rd S, Minneapolis, MN 55405 and is currently estimated at $1,375,977, approximately $273 per square foot. 224 Cedar Lake Rd S is a home located in Hennepin County with nearby schools including Bryn Mawr Elementary School, Anwatin Middle School, and North Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2020
Sold by
Gilbert Doug
Bought by
Cedar Lake Road Llc
Current Estimated Value
$1,375,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Outstanding Balance
$381,080
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$994,897

Purchase Details

Closed on
Apr 7, 2020
Sold by
Cedar Lake Road Llc
Bought by
Visionbank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Outstanding Balance
$381,080
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$994,897

Purchase Details

Closed on
Jan 21, 2020
Sold by
Gilbert Dong
Bought by
Cedar Lake Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2008
Sold by
Drake Frank N and Drake Jule H
Bought by
Day Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2005
Sold by
Drake Frank N and Drake Julie H
Bought by
Gilbert Doug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.62%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cedar Lake Road Llc $1,165,000 Guaranty Commercial Title
Visionbank $1,165,000 Guaranty Commercial Title
Cedar Lake Road Llc $1,165,000 Guaranty Commercial Ttl Inc
Gilbert Doug -- None Available
Day Gilbert $625,000 --
Gilbert Doug $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Lake Road Llc $443,000
Closed Cedar Lake Road Llc $428,750
Previous Owner Cedar Lake Road Llc $612,500
Previous Owner Edar Lake Road Llc $428,750
Previous Owner Gilbert Doug $280,000
Previous Owner Gilbert Doug $310,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $30,714 $1,044,400 $181,000 $863,400
2022 $31,770 $999,000 $181,000 $818,000
2021 $30,970 $969,500 $181,000 $788,500
2020 $30,991 $969,500 $181,000 $788,500
2019 $30,582 $914,500 $181,000 $733,500
2018 $23,952 $875,000 $181,000 $694,000
2017 $26,523 $655,000 $135,800 $519,200
2016 $27,580 $655,000 $135,800 $519,200
2015 $26,008 $625,000 $135,800 $489,200
2014 -- $625,000 $135,800 $489,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55405 Bryn Mawr

224 Cedar Lake Rd S, Minneapolis, MN

This home is located at 224 Cedar Lake Rd S, Minneapolis, MN 55405 and is currently estimated at $1,375,977, approximately $273 per square foot. 224 Cedar Lake Rd S is a home located in Hennepin County with nearby schools including Bryn Mawr Elementary School, Anwatin Middle School, and North Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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