3200 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 0102924310060

Property Overview

Parcel ID0102924310060

Lot Size5,004 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerANGELA CHAPIN & SHAWN CHAPIN

Assessed Value$339,500

Land Value$103,000

Building Value$236,500

Annual Tax$5,031

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $15K total declared value · Most recent: Oct 2021 (misc)

MiscOct 2021Closed

$13K

True North Roofing LLC

AdditionMay 2019Closed

$2K

Shawn Chapin

ExistresJul 2018Closed

Standard Heating and Air Conditioning Inc

ExistresJun 2018Closed

RONALD P FJERSTAD

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

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 width112 ft

Buildable depth0 ft

Area~2,297 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,297 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3206 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHARLES S WETTERGREN ET AL	RESIDENTIAL	$330,700	50 ft
3158 BUCHANAN ST N E MINNEAPOLIS MN 55418	AMANDA JO MOELLER	RESIDENTIAL	$322,100	94 ft
3214 BUCHANAN ST N E MINNEAPOLIS MN 55418	ANDREW P SVENDSEN	RESIDENTIAL	$313,400	110 ft
3154 BUCHANAN ST N E MINNEAPOLIS MN 55418	ALEXANDER G PRUITT	RESIDENTIAL	$315,800	129 ft
3207 PIERCE ST N E MINNEAPOLIS MN 55418	S LAMOUREUX & T LAMOUREUX	RESIDENTIAL	$337,000	140 ft
3211 PIERCE ST N E MINNEAPOLIS MN 55418	RACHEL M WEGSCHEID	RESIDENTIAL	$277,000	160 ft
3150 BUCHANAN ST N E MINNEAPOLIS MN 55418	CONOR P KENNEDY	RESIDENTIAL	$285,000	169 ft
3220 BUCHANAN ST N E MINNEAPOLIS MN 55418	K & W PARKE	RESIDENTIAL	$305,100	170 ft
3155 PIERCE ST N E MINNEAPOLIS MN 55418	DAVID R MILLER	RESIDENTIAL	$334,000	181 ft
3215 PIERCE ST N E MINNEAPOLIS MN 55418	NICHOLAS G CONNIFF	RESIDENTIAL	$394,500	183 ft

Property History

Most Recent Sale

Date201807

Price$289,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,031