3554 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924210065

Property Overview

Parcel ID0102924210065

Lot Size7,100 sq ft (0.163 ac)

Lot Dimensions (est.)124 ft wide × 57 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerROBERT WAULTERS

Assessed Value$334,500

Land Value$121,000

Building Value$213,500

Annual Tax$7,273

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $5K total declared value · Most recent: Feb 2023 (res)

ResFeb 2023Closed

Wenzel-Plymouth Plumbing LLC

RemodelFeb 2023Expired

$5K

Ocel Builders Inc

ResFeb 2022Closed

Dean's Professional Plumbing Inc

ResApr 2018Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Minneapolis

Median reported rent1,527/mo

Renter-occupied21.2%

Median home value$288K

Vacancy rate3.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 6.01

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 width111 ft

Buildable depth17 ft

Area~3,716 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 3,716 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3550 PIERCE ST N E MINNEAPOLIS MN 55418	KRISTEN M COYLE	RESIDENTIAL	$321,500	57 ft
3546 PIERCE ST N E MINNEAPOLIS MN 55418	ARISA LYSENG & JORDAN LYSENG	RESIDENTIAL	$284,200	111 ft
3555 FILLMORE ST N E MINNEAPOLIS MN 55418	JOSEPH ROY MCGIE	RESIDENTIAL	$380,400	138 ft
3551 FILLMORE ST N E MINNEAPOLIS MN 55418	GEORGE MCFALL/CLAIRE MCFALL	RESIDENTIAL	$319,400	151 ft
1221 36TH AVE N E MINNEAPOLIS MN 55418	LYNN J BURCHETT	RESIDENTIAL	$296,100	157 ft
1217 36TH AVE N E MINNEAPOLIS MN 55418	KATHERINE CORNISH	RESIDENTIAL	$283,900	159 ft
3542 PIERCE ST N E MINNEAPOLIS MN 55418	LIBIA SARI	RESIDENTIAL	$343,900	161 ft
1211 36TH AVE N E MINNEAPOLIS MN 55418	M M MESMUR & M H KENEA	RESIDENTIAL	$263,300	176 ft
3547 FILLMORE ST N E MINNEAPOLIS MN 55418	RYAN J COY	RESIDENTIAL	$311,700	178 ft
3571 PIERCE ST N E MINNEAPOLIS MN 55418	BRANDON VACA & KELSEY VACA	RESIDENTIAL	$350,100	190 ft

Property History

Most Recent Sale

Date202108

Price$322,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,273