3258 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924310075

Property Overview

Parcel ID0102924310075

Lot Size7,460 sq ft (0.171 ac)

Lot Dimensions (est.)125 ft wide × 60 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerJOHN M HICKS

Assessed Value$369,100

Land Value$122,000

Building Value$247,100

Annual Tax$5,527

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $13K total declared value · Most recent: Sep 2021 (misc)

MiscSep 2021Closed

$13K

KAROW CONTRACTING INC

ResApr 2018Closed

CENTERPOINT ENERGY

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 depth20 ft

Area~3,967 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 3,967 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3252 PIERCE ST N E MINNEAPOLIS MN 55418	DUSTIN SKROVE/KRISTIN SKROVE	RESIDENTIAL	$382,000	59 ft
3246 PIERCE ST N E MINNEAPOLIS MN 55418	BENJAMIN GORT	RESIDENTIAL	$290,200	119 ft
3306 PIERCE ST N E MINNEAPOLIS MN 55418	B T EARLEY & C K EARLEY	RESIDENTIAL	$339,000	130 ft
3259 FILLMORE ST N E MINNEAPOLIS MN 55418	THOMAS FERRY	RESIDENTIAL	$333,900	139 ft
3255 FILLMORE ST N E MINNEAPOLIS MN 55418	J L STIERS & L R STIERS	RESIDENTIAL	$255,000	142 ft
3251 FILLMORE ST N E MINNEAPOLIS MN 55418	B E JOHNSON & K L JOHNSON	RESIDENTIAL	$298,500	155 ft
3301 FILLMORE ST N E MINNEAPOLIS MN 55418	KURT D BLANCHETT	RESIDENTIAL	$315,600	176 ft
3247 FILLMORE ST N E MINNEAPOLIS MN 55418	ALEXANDRA BERGEVIN	RESIDENTIAL	$209,000	177 ft
3238 PIERCE ST N E MINNEAPOLIS MN 55418	GENE R HJULBERG	RESIDENTIAL	$340,300	179 ft
3310 PIERCE ST N E MINNEAPOLIS MN 55418	JAMES SIMPSON/LAUREN WAGNER	RESIDENTIAL	$314,500	190 ft

Property History

Most Recent Sale

Date201708

Price$249,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,527