3001 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924340061

Property Overview

Parcel ID0102924340061

Lot Size5,013 sq ft (0.115 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerWYATT ROYCE DRONEN

Assessed Value$297,200

Land Value$108,000

Building Value$189,200

Annual Tax$4,323

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $2K total declared value · Most recent: Mar 2026 (existres)

ExistresMar 2026Inspection

Home Energy Center Inc

MiscFeb 2021Closed

$2K

THE WINDOW STORE INC

ResAug 2020Closed

MN Plumbing & Home Services INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Audubon 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~2,303 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 2,303 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3007 PIERCE ST N E MINNEAPOLIS MN 55418	M SLIMANI & F MOULOUDJ	RESIDENTIAL	$270,600	40 ft
3011 PIERCE ST N E MINNEAPOLIS MN 55418	ERIK G JOHNSON	RESIDENTIAL	$221,200	80 ft
2957 PIERCE ST N E MINNEAPOLIS MN 55418	SARAH FORD	RESIDENTIAL	$366,800	105 ft
3015 PIERCE ST N E MINNEAPOLIS MN 55418	JENA R MAGEE & KYLE R RATKE	RESIDENTIAL	$327,600	120 ft
3000 BUCHANAN ST N E MINNEAPOLIS MN 55418	I A THIBODO & C S THIBODO	RESIDENTIAL	$355,700	139 ft
3006 BUCHANAN ST N E MINNEAPOLIS MN 55418	A BASKARAN & A BASKARAN	RESIDENTIAL	$265,600	145 ft
2953 PIERCE ST N E MINNEAPOLIS MN 55418	NORTHEAST MINNEAPOLIS PROP	VACANT LAND-RESIDENTIAL	$0	155 ft
3019 PIERCE ST N E MINNEAPOLIS MN 55418	JEAN L WEITZ	RESIDENTIAL	$252,100	160 ft
3010 BUCHANAN ST N E MINNEAPOLIS MN 55418	PAUL WASILEWSKI ETAL	RESIDENTIAL	$171,000	161 ft
2956 BUCHANAN ST N E MINNEAPOLIS MN 55418	JASON P NYGREN & M A CARLSON	RESIDENTIAL	$254,300	174 ft

Property History

Most Recent Sale

Date202411

Price$199,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,323