2740 Thomas Ave S Minneapolis, MN 55416
Cedar-Isles-Dean NeighborhoodEstimated payment $5,854/month
Highlights
- Living Room with Fireplace
- Breakfast Area or Nook
- 1 Car Attached Garage
- No HOA
- Porch
- Forced Air Heating and Cooling System
About This Home
Exceptional opportunity on an expansive 85’ x 125’ double lot in sought after Cedar-Isles-Dean neighborhood near Lake of the Isles. Bathed in beautiful natural light, this wide parcel offers remarkable potential for a new construction home that fully maximizes the setting, scale, and surrounding architecture. The existing cottage is undeniably charming, but the true value lies in the land and the ability to create a custom residence in a premier location. With alley access and ample space to design a sun filled home, the lot offers endless layout and lifestyle possibilities. Whether envisioning a modern masterpiece or a timeless classic, this rare, oversized site provides the ideal canvas in a high quality, established neighborhood steps from parks, trails, and the lakes. A prime teardown opportunity for builders, investors, or anyone seeking to build their dream home.
Listing Agent
Coldwell Banker Realty - Lakes Brokerage Phone: 6129686030 Listed on: 08/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,997
Year Built
- Built in 1935
Lot Details
- Lot Dimensions are 125x80
- Partially Fenced Property
- Few Trees
Parking
- 1 Car Attached Garage
- Tuck Under Garage
Home Design
- Block Foundation
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Game Room with Fireplace
Kitchen
- Breakfast Area or Nook
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Sink Near Laundry
- Washer and Dryer Hookup
Basement
- Partial Basement
- Laundry in Basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- Walton Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 3202924420038
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $12,997 | $779,400 | $525,000 | $254,400 |
| 2024 | $12,356 | $772,000 | $525,000 | $247,000 |
| 2023 | $11,175 | $792,000 | $543,000 | $249,000 |
| 2022 | $9,799 | $689,000 | $543,000 | $146,000 |
| 2021 | $8,462 | $669,000 | $591,000 | $78,000 |
| 2020 | $9,161 | $608,000 | $497,100 | $110,900 |
| 2019 | $9,429 | $608,000 | $497,100 | $110,900 |
| 2018 | $8,761 | $608,000 | $497,100 | $110,900 |
| 2017 | $8,971 | $568,000 | $451,900 | $116,100 |
| 2016 | $9,254 | $568,000 | $451,900 | $116,100 |
| 2015 | $9,705 | $568,000 | $451,900 | $116,100 |
| 2014 | -- | $525,000 | $376,600 | $148,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $899,000 | -- | $395 / Sq Ft |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $375,000 | New Conventional | |
| Closed | $398,000 | New Conventional | |
| Closed | $251,000 | Unknown | |
| Closed | $100,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 7120408
APN: 32-029-24-42-0038
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Ask me questions while you tour the home.