3261 HAYES ST N E MINNEAPOLIS MN 55418

PID: 0102924420051

Property Overview

Parcel ID0102924420051

Lot Size4,967 sq ft (0.114 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerPHILLIP CRONIN

Assessed Value$338,000

Land Value$119,000

Building Value$219,000

Annual Tax$5,006

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $24K total declared value · Most recent: Jul 2020 (misc)

MiscJul 2020Closed

$2K

Chris Johnsen

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscMay 2018Closed

$14K

THE HOME DEPOT

MiscJul 2017Closed

$9K

WALKER ROOFING 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 rent1,569/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

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 width113 ft

Buildable depth0 ft

Area~2,272 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 2,272 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
3257 HAYES ST N E MINNEAPOLIS MN 55418	NOLA SCHREINER	RESIDENTIAL	$321,800	40 ft
3251 HAYES ST N E MINNEAPOLIS MN 55418	LOUIS E RIVET	RESIDENTIAL	$297,200	80 ft
3247 HAYES ST N E MINNEAPOLIS MN 55418	WILLIAM J SCHMID	RESIDENTIAL	$327,800	120 ft
1820 33RD AVE N E MINNEAPOLIS MN 55418	JOANNE MARY NALEPKA TRUSTEE	RESIDENTIAL	$341,900	140 ft
3250 GARFIELD ST N E MINNEAPOLIS MN 55418	TOSHIYA & S FUNG ISOMURA	RESIDENTIAL	$319,400	155 ft
3243 HAYES ST N E MINNEAPOLIS MN 55418	S KLEIN & D ROEHL	RESIDENTIAL	$322,300	165 ft
3246 GARFIELD ST N E MINNEAPOLIS MN 55418	MARIA F LEE	RESIDENTIAL	$300,500	183 ft
3258 HAYES ST N E MINNEAPOLIS MN 55418	ANNA KRISTINE BOYLE	RESIDENTIAL	$343,400	191 ft
3254 HAYES ST N E MINNEAPOLIS MN 55418	SARAH L HEROLD	RESIDENTIAL	$276,600	196 ft
3250 HAYES ST N E MINNEAPOLIS MN 55418	S T & K M MILLER	RESIDENTIAL	$303,400	208 ft

Property History

Most Recent Sale

Date202309

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,006