Listing Courtesy of: Cindy Carlson - Edina Realty, Inc. 952-920-1960
For Sale

1948 Cedar Lake Parkway Minneapolis, MN 55416

Down payment assistance icon
Single Family Residence
3 Beds
2 Baths
2,379 Sq. Ft.
0.17 Acre Lot

Property Activity

Time on Site
41 days
Days on Market
Views
16
Saves
0
Last updated on 3/10/2025 3:28 AM
Don't miss the opportunity to own this charming 1920s home, featuring original woodwork and hardwood floors throughout. This property offers a main floor family room, formal and informal dining areas, and a sunroom with beautiful views of Cedar Lake. Situated on a hill with east-facing views, you... can enjoy sunrises coming up over the lake and a beautiful Minneapolis city skyline view. The primary bedroom includes a private balcony, and the living room features a wood-burning fireplace, with a see-through fireplace in the family room. Outside, you'll find a paver patio and nearby walking trails. This home is ready for some TLC and offers the perfect chance to restore its classic character. Conveniently located just minutes from dining, freeway access, and downtown. Continue reading
MLS#
6641717
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1924
Square Feet
2,379 sq. ft
Lot Size
0.17
Stories
2.0
Sewer
City Sewer

Price History for 1948 Cedar Lake Pkwy

Expand/collapse icon

Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
No records for the selected period of time.
Location error icon Sorry, no content was found for this location.
View More
Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through .

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts

Tax History for 1948 Cedar Lake Pkwy

Expand/collapse icon
Year Property Taxes Change Tax Assessment Change
2023$14,416
-
-$995,000
+3.54%
+3.54%
2022$14,416
+3.1%
+3.1%$961,000
+0.84%
+0.84%
2021$13,983
-2.91%
-2.91%$953,000
-
-
2020$14,402
-
-$953,000
-
-
2019$14,402
-7.5%
-7.5%$953,000
-
-
2018$15,569
+3.81%
+3.81%$953,000
+13.45%
+13.45%
2017$14,998
$840,000
No records available.
Location error icon Sorry, no content was found for this location.
Data sourced from public records, where available.

Powered by Xome®

Rental Valuation Estimate for 1948 Cedar Lake Pkwy

Expand/collapse icon
Low Range
High Range
Rental Value i map pin
icon of rental price
Average Rental Price
i
Average Rental Price: The average estimated monthly rental price, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
Per Month
icon of trends
Average Rental Trend
i
Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
Last 12 months
icon of vacancy
Vacancy Rate
i
Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
Location error icon Sorry, no content was found for this location.

Powered by Xome®

Xome ValueSM Disclosure

The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

Close

Comparable Home Sales for 1948 Cedar Lake Pkwy

Expand/collapse icon

Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

Location error icon Sorry, no content was found for this location. There are no nearby comparable home sales.
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Orange marker
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
View More
The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

Powered by Xome®

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Nearby Schools for 1948 Cedar Lake Pkwy

Expand/collapse icon

Public Schools

Rating School Name Grades Distance
Anwatin Middle Com & Spanish D I 6-8 0.72 mi
Bryn Mawr Elementary School PK-5 0.82 mi
No records found.

Private Schools

Rating School Name Grades Distance
Heilicher Minneapolis Jewish Day School K-8 0.52 mi
Bais Yaakov High School 9-12 1.08 mi
Good Shepherd School K-6 2.27 mi
Pyc Alternative Schools 6-8 2.77 mi
Hope Academy K-12 3.00 mi
Nawayee Center School 7-12 3.54 mi
No records found.
Location error icon Sorry, no content was found for this location.
Data provided by GreatSchools.org © 2025. All rights reserved.

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

Expand/collapse icon

People

Zip City County National
Population 31,414 49,539 1.27M 329.73M
Population Density 4,292 4,663 2,293 93
People per Household 2.0 2.0 2.4 2.6
Median Age 35.1 35.6 36.9 38.4
Median Household Income $93,875 $87,639 $85,438 $69,021
Average Income $66,373 $55,737 $50,478 $37,638

Economy

Zip City County National
Unemployment 2.50 % 2.10 % 2.50 % 3.20 %
Recent Job Growth 0.59 % 0.60 % 0.59 % 1.40 %
Future Job Growth 32.19 % 32.79 % 32.19 % 42.20 %
Sales Tax 8.03 % 7.53 % 8.03 % 7.02 %
Income Tax 6.80 % 6.80 % 6.80 % 22.00 %
Cost of Living Index 127 119 118 100

Environment

Zip City County National
Altitude 889 899 924 2443
Rainfall (inches annually) 31.6 31.7 31.7 38.1
Snowfall (inches annually) 53.5 53.5 51.7 27.8
January Avg. Low Temp 6.7 6.6 6.2 21.7
July Avg. High Temp 83.1 83.0 83.3 85.8
Days of Precipitation Annually 113 113 110 106
Days Mostly Sunny Annually 196 195 196 205
Comfort Index (during hot weather) 6 6 6 7
Location error icon Sorry, no content was found for this location.
Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 55416

Expand/collapse icon

Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

No data for current time range.
Try selecting another range option.
Location error icon Sorry, no content was found for this location.
The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

Powered by Xome®

Months of Supply in 55416

Expand/collapse icon

This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

Show: For Sale and Sold
Months of Supply
For Sale
Sold
No data for current time range.
Try selecting another range option.
Location error icon Sorry, no content was found for this location.
Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 3/1/2025.

How much home can I afford?

Get prequalified today and learn more.

Get Started

Rental Valuation Estimate

rental value icon
Per Month
See More Trends

Nearby Homes For Sale

Listing Courtesy of: Cindy Carlson - Edina Realty, Inc. 952-920-1960

Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

MLS logo

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/10/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved

This content last refreshed on 3/10/2025 3:28 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Prequalify
BESbswy