3639 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 0102924210122

Property Overview

Parcel ID0102924210122

Lot Size6,835 sq ft (0.157 ac)

Lot Dimensions (est.)124 ft wide × 55 ft deep

Year Built1960

Property ClassRESIDENTIAL

OwnerTAI LUU & MARIEL CARLSON

Assessed Value$314,700

Land Value$113,000

Building Value$201,700

Annual Tax$4,616

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $17K total declared value · Most recent: Sep 2024 (res)

ResSep 2024Closed

Ron the Sewer Rat Inc

MiscOct 2023Closed

$4K

RJI PROFESSIONALS INC

MiscAug 2019Closed

$8K

Harold Behling

MiscSep 2017Closed

$5K

STANDARD WATER CONTROL SYSTEMS INC

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

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,527/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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width45 ft

Buildable depth84 ft

Area~3,790 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 3,790 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
3643 BUCHANAN ST N E MINNEAPOLIS MN 55418	MORGAN MARTIN & SEAN MARTIN	RESIDENTIAL	$431,400	55 ft
3633 BUCHANAN ST N E MINNEAPOLIS MN 55418	TRACI MUCHINERIPI ET AL	RESIDENTIAL	$319,800	59 ft
3647 BUCHANAN ST N E MINNEAPOLIS MN 55418	JACOB SIEVE & KURT A SIEVE	RESIDENTIAL	$355,400	110 ft
3640 LINCOLN ST N E MINNEAPOLIS MN 55418	BRUCE BLAKE & BARBARA MOE	RESIDENTIAL	$322,300	139 ft
3636 LINCOLN ST N E MINNEAPOLIS MN 55418	CORINNE J SWAJA	RESIDENTIAL	$334,300	141 ft
1332 36 1/2 AVE N E MINNEAPOLIS MN 55418	ROBERT BRADLEY KULT	RESIDENTIAL	$301,300	151 ft
3644 LINCOLN ST N E MINNEAPOLIS MN 55418	I G C CEDILLO & R C C CASTRO	RESIDENTIAL	$340,300	156 ft
3653 BUCHANAN ST N E MINNEAPOLIS MN 55418	DALE W OSBY & JOHN C OSBY	RESIDENTIAL	$345,500	165 ft
3632 LINCOLN ST N E MINNEAPOLIS MN 55418	F J CARUSO & T M CARUSO	RESIDENTIAL	$285,300	166 ft
3648 LINCOLN ST N E MINNEAPOLIS MN 55418	A WYSZYNSKI & C WYSZYNSKI	RESIDENTIAL	$337,300	186 ft

Property History

Most Recent Sale

Date202310

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,616