3206 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924310086

Property Overview

Parcel ID0102924310086

Lot Size10,010 sq ft (0.230 ac)

Lot Dimensions (est.)125 ft wide × 80 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerMICHAEL C GERAGHTY

Assessed Value$304,000

Land Value$138,000

Building Value$166,000

Annual Tax$4,437

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · Most recent: Jul 2021 (existres)

ExistresJul 2021Closed

Binder Heating and Air Conditioning Inc

ExistresDec 2020Closed

Binder Heating and Air Conditioning 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 depth40 ft

Area~5,701 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 5,701 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3210 PIERCE ST N E MINNEAPOLIS MN 55418	JENNIE LYNN WALKER KNOOT	RESIDENTIAL	$258,600	60 ft
3214 PIERCE ST N E MINNEAPOLIS MN 55418	DOROTHY J DUFFY	RESIDENTIAL	$236,700	100 ft
3158 PIERCE ST N E MINNEAPOLIS MN 55418	JOSEPH FINSTROM ET AL	RESIDENTIAL	$338,900	124 ft
3203 FILLMORE ST N E MINNEAPOLIS MN 55418	PAUL A FUDENBERG	RESIDENTIAL	$389,000	139 ft
3218 PIERCE ST N E MINNEAPOLIS MN 55418	JANELLE MARIE MCDONALD	RESIDENTIAL	$292,800	140 ft
3211 FILLMORE ST N E MINNEAPOLIS MN 55418	KAREN R NELSON TRUSTEE	RESIDENTIAL	$300,400	151 ft
3215 FILLMORE ST N E MINNEAPOLIS MN 55418	A J DENUCCIO/E J DENUCCIO	RESIDENTIAL	$310,600	170 ft
3150 PIERCE ST N E MINNEAPOLIS MN 55418	MICHAEL SOTO & DIANA ALVAREZ	RESIDENTIAL	$341,200	179 ft
3222 PIERCE ST N E MINNEAPOLIS MN 55418	J S MELLENTIN/R M MELLENTIN	RESIDENTIAL	$259,400	180 ft
3159 FILLMORE ST N E MINNEAPOLIS MN 55418	TIMOTHY G JOHNSON	RESIDENTIAL	$232,000	181 ft

Property History

Most Recent Sale

Date198908

Price$35,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,437