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Commercial > Multi-family / Apartments
Sold
03/01/2020
Sold Price
$350,000$55/ft²

2616 S Cedar Ave
Minneapolis, MN 55407

  • 4
    Beds
  • -
    Bath
  • 6,384
    ft²
    Living Area
  • 6,970
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 2002
    Year Built
  • -
    DOM
  • 11
    Permits
2616 S Cedar Ave, Minneapolis, MN 55407 is a 4 bed, 6,384 ft² multi-family/apartments property built in 2002 on a 0.160 acre lot with 11 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2020 for $350,000.

    Permits

    2616 S Cedar Ave has 11 permit records of total value of $141,950.

    Permit History
    11
    Permits
    $141,950
    Total Permit Value
    November 12, 2002
    Description: MECH MECH | WARM AIR HEATING SYSTEMS | Scope of work: VENTILATION - 200 ERV - PRE FAB HOME, DREAM HOME DEVELOPMENT 9-10-02 ADD TO PERMIT, WORK IS FOR A 4-PLEX, NOT A SINGLE FAMILY UNIT, INCREASE TO 4-200 VEN MER IN 4-PLEX, JOB VALUE INCREASED FROM $1200 TO $4450 MECH | Scope of work: VENTILATION - 200 ERV - PRE FAB HOME, DREAM HOME DEVELOPMENT 9-10-02 ADD TO PERMIT, WORK IS FOR A 4-PLEX, NOT A SINGLE FAMILY UNIT, INCREASE TO 4-200 VEN MER IN 4-PLEX, JOB VALUE INCREASED FROM $1200 TO $4450 MECH | Scope of work: VENTILATION - 200 ERV - PRE FAB HOME, DREAM HOME DEVELOPMENT 9-10-02 ADD TO PERMIT, WORK IS FOR A 4-PLEX, NOT A SINGLE FAMILY UNIT, INCREASE TO 4-200 VEN MER IN 4-PLEX, JOB VALUE INCREASED FROM $1200 TO $4450 MECH | Scope of work: VENTILATION - 200 ERV - PRE FAB HOME, DREAM HOME DEVELOPMENT 9-10-02 ADD TO PERMIT, WORK IS FOR A 4-PLEX, NOT A SINGLE FAMILY UNIT, INCREASE TO 4-200 VEN MER IN 4-PLEX, JOB VALUE INCREASED FROM $1200 TO $4450Status: finalType: MechanicalBusiness Name: Joe & Sons Sheet Metal IncApplicant: Kamran F HayatEffective Date: 2002-11-12Permit Number: BLDG262425
    November 1, 2002
    Description: plumbing 4 wc 4 bt 4 bn 4 sk 4 wt 4 fd 4 ewStatus: finalType: plumbingApplicant: Kamran F HayatEffective Date: 2002-11-01Permit Number: BLDG402754
    August 26, 2002
    Job Value: $4,450Status: DoneType: MechanicalSub Type: BtmaBusiness Name: Joe & Sons Sheet Metal IncApplicant: Kamran F HayatFees: $71Effective Date: 2002-08-26Permit Number: 4030994
    August 23, 2002
    Status: DoneType: plumbingSub Type: BtpaBusiness Name: Skarda Plbg & HtgApplicant: Kamran F HayatFees: $700Effective Date: 2002-08-23Permit Number: 5034477
    August 12, 2002
    Status: DoneType: ElectricalSub Type: BteaBusiness Name: Reliant Electric CorpApplicant: Kamran F HayatFees: $444Effective Date: 2002-08-12Permit Number: 1047627
    August 8, 2002
    Status: DoneType: plumbingSub Type: BtpaBusiness Name: Bill Fignar Plumbing CoApplicant: Kamran F HayatFees: $36Effective Date: 2002-08-08Permit Number: 5034017
    July 8, 2002
    Status: DoneType: Env. Soil erosion permitSub Type: BeseBusiness Name: Dream Home DevelopmentApplicant: Kamran F HayatFees: $250Effective Date: 2002-07-08Permit Number: 1001849
    July 8, 2002
    Status: CLOSEDType: Soil Erosion Control PermitSub Type: ErosionBusiness Name: DREAM HOME DEV LLCApplicant: KAMRAN F HAYATFees: $250Effective Date: 2002-07-08Permit Number: BLDG622495
    May 30, 2002
    Description: CONSTRUCT FOUNDATION AND INSTALL INDUSTRIALIZED MODULAR 4-UNIT APARTMENT DTC-1 2-STORY, AND CRAWLSPACE / 2 UNITS 1ST FLOOR (ADAPTABLE), 2 UNITS SECOND FLOOR. State seal for R1 occupancy required. R1 occupancy / 5-1hour construction / 2 stories and crawlspace / non-sprinklered Certificate of Occupancy required. - bulletin attached. Architect: Architectural Resources/ Wirtanen # 17178 Engineer: Stroh #14269 4 SAC charge-3 cretits (former 4-plex without individual laundry facilities) PermitJob Value: $68,750Status: ClosedType: Commercial MultifamilySub Type: CommercialBusiness Name: DREAM HOME DEV LLCApplicant: KAMRAN F HAYATFees: $2,850Effective Date: 2002-05-30Permit Number: BLDG253681
    May 30, 2002
    Job Value: $68,750Status: DoneType: New buildingSub Type: BinbBusiness Name: Dream Home DevelopmentApplicant: Kamran F HayatFees: $2,850Effective Date: 2002-05-30Permit Number: 2001003
    January 1, 1900
    Description: plumbing install 1 water meterStatus: completeType: plumbingBusiness Name: Bill Fignar Plumbing COApplicant: Heights Apartments, LLCEffective Date: 1900-01-01Permit Number: BLDG399028

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$10,127.42
      From latest Total Assessed Value1.61%
      Total Assessed Value$629,000
      =
      Land
      Assessed Value      $85,000
      +
      Additions
      Assessed Value      $544,000

      • In 2023, taxes billed for 2616 S Cedar Ave were $10,127.42, which is 1.61% from latest Total Assessed Value of $629,000.

    Property History

    2616 S Cedar Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2616 S Cedar Ave

    • Hazard Risks

      Hail
      147
      Tornado
      134
      Carb Mono
      113
      Nat'l Avg
      100
      Wind
      94
      Ozone
      93
      Air Pollution
      90
      Particulates
      84
      Lead
      83
      Weather
      65
      Earthquake
      7
      Hurricane
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2616 S Cedar Ave.

      Walkability Index

      16 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      2616 S Cedar Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      17 °F

      Low

      8°F

      High

      26°F

      Summer
      Average

      71 °F

      Low

      60°F

      High

      82°F

      In the winter at 2616 S Cedar Ave, temperatures range from 7.6°F to 25.89°F with an average of 16.75°F. In the summer, the temperature ranges from 59.75°F to 81.95°F with and average of 70.85°F.

    School Information

    Public/private schools serving 2616 S Cedar Ave

      Public Schools

      Andersen United Middle School
      Grades: 6-8
      0.55  mi
      South High School
      Grades: 9-12
      0.64  mi
      B-
      Folwell Community School
      Grades: PK-5
      1.25  mi
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 2616 S Cedar Ave have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in East Phillips, Minneapolis, MN 55407.

    • Region

      • Boundary map of East Phillips.

      Crime Index for 55407

      121

      Above national average
      121

      The crime index in 55407 is 121, which is 1.2 times higher than national average.

    • Seasonal Housing units 55407

      15%

      of housing is for seasonal rent.

      Daytime Population for 55407

      +3%

      of people during work hours.

    Market Trends

    Historical market data near 2616 S Cedar Ave over selected time period.

    Nearby Properties on Cedar Ave

    USAMNHennepin CountyMinneapolisCedar Ave