3207 HAYES ST N E MINNEAPOLIS MN 55418

PID: 0102924420040

Property Overview

Parcel ID0102924420040

Lot Size5,027 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerERIKA R EELLS

Assessed Value$370,600

Land Value$119,000

Building Value$251,600

Annual Tax$5,552

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $34K total declared value · Most recent: Oct 2022 (accessory)

AccessoryOct 2022Closed

$23K

Minneapolis Garage Builders, LLC

ResOct 2022Closed

Warners Stellian Co Inc

ResMar 2021Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscDec 2020Closed

$10K

THE WINDOW STORE INC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

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 depth86 ft

Area~2,570 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 2,570 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3201 HAYES ST N E MINNEAPOLIS MN 55418	STEPHEN JOHN TLACHAC	RESIDENTIAL	$379,700	40 ft
3211 HAYES ST N E MINNEAPOLIS MN 55418	JAMEY D ERICKSON	RESIDENTIAL	$339,900	40 ft
3215 HAYES ST N E MINNEAPOLIS MN 55418	GARY W PEDERSEN REV TRUST	RESIDENTIAL	$315,400	80 ft
3206 GARFIELD ST N E MINNEAPOLIS MN 55418	DUANNE A KUKRAL	RESIDENTIAL	$327,000	139 ft
3223 HAYES ST N E MINNEAPOLIS MN 55418	S K LEAF & S LIBERTY	RESIDENTIAL	$313,200	140 ft
3210 GARFIELD ST N E MINNEAPOLIS MN 55418	R C SEPEHR & K E SEPEHR	RESIDENTIAL	$370,500	145 ft
3200 GARFIELD ST N E MINNEAPOLIS MN 55418	E K KORZENOWSKI/J M FUJITAKE	RESIDENTIAL	$308,200	145 ft
3155 HAYES ST N E MINNEAPOLIS MN 55418	G FLANAGAN & M FLANAGAN	RESIDENTIAL	$378,700	147 ft
3214 GARFIELD ST N E MINNEAPOLIS MN 55418	T JONES & Z JONES	RESIDENTIAL	$278,800	161 ft
3218 GARFIELD ST N E MINNEAPOLIS MN 55418	SARAH WHITING	RESIDENTIAL	$298,100	185 ft

Property History

Most Recent Sale

Date201304

Price$259,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,552