3218 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924310083

Property Overview

Parcel ID0102924310083

Lot Size5,004 sq ft (0.115 ac)

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

Year Built1944

Property ClassRESIDENTIAL

OwnerJANELLE MARIE MCDONALD

Assessed Value$292,800

Land Value$103,000

Building Value$189,800

Annual Tax$4,249

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $5K total declared value · Most recent: May 2024 (existres)

ExistresMay 2024Expired

Home Energy Center Inc

MiscFeb 2022Closed

$1K

DESIGNCRAFT CONSTRUCTION INC

ExistresJul 2019Closed

STANDARD WATER CONTROL SYSTEMS INC

MiscJun 2019Closed

$3K

STANDARD WATER CONTROL SYSTEMS INC

ExistresMar 2019Closed

Ray N Welter Heating Co

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 width30 ft

Buildable depth85 ft

Area~2,552 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 2,552 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
3222 PIERCE ST N E MINNEAPOLIS MN 55418	J S MELLENTIN/R M MELLENTIN	RESIDENTIAL	$259,400	40 ft
3214 PIERCE ST N E MINNEAPOLIS MN 55418	DOROTHY J DUFFY	RESIDENTIAL	$236,700	40 ft
3226 PIERCE ST N E MINNEAPOLIS MN 55418	L K VIRDEN & M C VIRDEN	RESIDENTIAL	$286,800	80 ft
3210 PIERCE ST N E MINNEAPOLIS MN 55418	JENNIE LYNN WALKER KNOOT	RESIDENTIAL	$258,600	80 ft
3230 PIERCE ST N E MINNEAPOLIS MN 55418	JENNA M PRCHAL	RESIDENTIAL	$317,200	120 ft
3206 PIERCE ST N E MINNEAPOLIS MN 55418	MICHAEL C GERAGHTY	RESIDENTIAL	$304,000	140 ft
3223 FILLMORE ST N E MINNEAPOLIS MN 55418	K LITSCHER & M MCKINNEY	RESIDENTIAL	$413,800	140 ft
3215 FILLMORE ST N E MINNEAPOLIS MN 55418	A J DENUCCIO/E J DENUCCIO	RESIDENTIAL	$310,600	145 ft
3234 PIERCE ST N E MINNEAPOLIS MN 55418	KATYA HAAK	RESIDENTIAL	$282,200	160 ft
3227 FILLMORE ST N E MINNEAPOLIS MN 55418	M J VOLCKE & C L VOLCKE	RESIDENTIAL	$218,100	160 ft

Property History

Most Recent Sale

Date202105

Price$326,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,249