3551 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 0102924220067

Property Overview

Parcel ID0102924220067

Lot Size6,223 sq ft (0.143 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerBARBARA ANN RASMUSSEN

Assessed Value$238,000

Land Value$115,000

Building Value$123,000

Annual Tax$3,332

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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 width40 ft

Buildable depth84 ft

Area~3,377 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 3,377 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3555 TAYLOR ST N E MINNEAPOLIS MN 55418	J DESLAURIERS/K DESLAURIERS	RESIDENTIAL	$303,000	47 ft
3547 TAYLOR ST N E MINNEAPOLIS MN 55418	IVON ANABEL FLORES	RESIDENTIAL	$315,700	50 ft
3559 TAYLOR ST N E MINNEAPOLIS MN 55418	ALEXANDRA L HORVATH	RESIDENTIAL	$294,600	92 ft
3543 TAYLOR ST N E MINNEAPOLIS MN 55418	GARY A DEFRANCE	RESIDENTIAL	$271,000	100 ft
3562 FILLMORE ST N E MINNEAPOLIS MN 55418	SARAH BERRY & JORDAN BAKER	RESIDENTIAL	$294,100	139 ft
3558 FILLMORE ST N E MINNEAPOLIS MN 55418	TRUONG-NGUYEN TRUST	RESIDENTIAL	$286,300	141 ft
3566 FILLMORE ST N E MINNEAPOLIS MN 55418	DENNIS J HANSON	RESIDENTIAL	$242,000	148 ft
3539 TAYLOR ST N E MINNEAPOLIS MN 55418	NICHOLE ARLT	RESIDENTIAL	$282,200	150 ft
3554 FILLMORE ST N E MINNEAPOLIS MN 55418	JOSHUA J PORIOR	RESIDENTIAL	$327,000	156 ft
3570 FILLMORE ST N E MINNEAPOLIS MN 55418	JETHRO HATCH	RESIDENTIAL	$307,500	168 ft

Property History

Most Recent Sale

Date200510

Price$132,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$3,332