3305 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 0102924130095

Property Overview

Parcel ID0102924130095

Lot Size10,093 sq ft (0.232 ac)

Lot Dimensions (est.)126 ft wide × 80 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerMATTHEW STREED/TARYN STREED

Assessed Value$503,300

Land Value$153,000

Building Value$350,300

Annual Tax$7,782

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2020 · $29K total declared value · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

Standard Heating and Air Conditioning Inc

MiscJul 2020Closed

$29K

PELLA NORTHLAND

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth40 ft

Area~5,755 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 5,755 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3311 GARFIELD ST N E MINNEAPOLIS MN 55418	MARION B HARRIS	RESIDENTIAL	$371,600	69 ft
3259 GARFIELD ST N E MINNEAPOLIS MN 55418	DEMETRIOS D NICKLOW	RESIDENTIAL	$339,100	120 ft
3317 GARFIELD ST N E MINNEAPOLIS MN 55418	DEREK AHLBERG/TERESA SCHAFER	RESIDENTIAL	$341,200	126 ft
3304 ARTHUR ST N E MINNEAPOLIS MN 55418	DUANE S RUSSELL	RESIDENTIAL	$294,100	142 ft
3310 ARTHUR ST N E MINNEAPOLIS MN 55418	ROBERT L HINES	RESIDENTIAL	$340,800	159 ft
3255 GARFIELD ST N E MINNEAPOLIS MN 55418	BAILEY POSTER/SHANE SOLINGER	RESIDENTIAL	$337,600	160 ft
3323 GARFIELD ST N E MINNEAPOLIS MN 55418	J & B SPANO JR	RESIDENTIAL	$405,600	182 ft
3258 ARTHUR ST N E MINNEAPOLIS MN 55418	SARAH L SULLIVAN	RESIDENTIAL	$323,900	185 ft
3251 GARFIELD ST N E MINNEAPOLIS MN 55418	A J HOOTEN & J M HOOTEN	RESIDENTIAL	$368,200	200 ft
3316 ARTHUR ST N E MINNEAPOLIS MN 55418	MICHAEL D FAHEY	RESIDENTIAL	$327,100	203 ft

Property History

Most Recent Sale

Date202207

Price$485,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,782