2956 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 0102924340159

Property Overview

Parcel ID0102924340159

Lot Size6,196 sq ft (0.142 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerJASON P NYGREN & M A CARLSON

Assessed Value$254,300

Land Value$120,000

Building Value$134,300

Annual Tax$3,604

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $73K total declared value · Most recent: Jul 2022 (misc)

MiscJul 2022Closed

$23K

CUSTOM REMODELERS LLC

ExistresApr 2021Closed

Ideal Air LLC

RemodelApr 2021Closed

$50K

DBS Residential Solutions

ResApr 2021Closed

Bruce Nelson Plumbing and Heating Service 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 depth10 ft

Area~3,108 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 3,108 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2952 BUCHANAN ST N E MINNEAPOLIS MN 55418	LINDA K VOGEL	RESIDENTIAL	$309,800	50 ft
2948 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHARLES & JILL VOWELS	RESIDENTIAL	$287,400	100 ft
3000 BUCHANAN ST N E MINNEAPOLIS MN 55418	I A THIBODO & C S THIBODO	RESIDENTIAL	$355,700	105 ft
2957 PIERCE ST N E MINNEAPOLIS MN 55418	SARAH FORD	RESIDENTIAL	$366,800	139 ft
3006 BUCHANAN ST N E MINNEAPOLIS MN 55418	A BASKARAN & A BASKARAN	RESIDENTIAL	$265,600	144 ft
2953 PIERCE ST N E MINNEAPOLIS MN 55418	NORTHEAST MINNEAPOLIS PROP	VACANT LAND-RESIDENTIAL	$0	148 ft
2942 BUCHANAN ST N E MINNEAPOLIS MN 55418	M P WROBLESKI/T M WROBLESKI	RESIDENTIAL	$355,900	150 ft
2949 PIERCE ST N E MINNEAPOLIS MN 55418	TAYLOR THIEWES/SARAH THIEWES	RESIDENTIAL	$319,800	172 ft
3001 PIERCE ST N E MINNEAPOLIS MN 55418	WYATT ROYCE DRONEN	RESIDENTIAL	$297,200	174 ft
3010 BUCHANAN ST N E MINNEAPOLIS MN 55418	PAUL WASILEWSKI ETAL	RESIDENTIAL	$171,000	185 ft

Property History

Most Recent Sale

Date201601

Price$154,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,604