3123 HAYES ST N E MINNEAPOLIS MN 55418

PID: 0102924420179

Property Overview

Parcel ID0102924420179

Lot Size6,912 sq ft (0.159 ac)

Lot Dimensions (est.)125 ft wide × 55 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerP J TIMMINS & A M TIMMINS

Assessed Value$414,000

Land Value$137,000

Building Value$277,000

Annual Tax$6,278

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $85K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$10K

Monarch Home Improvement Dabella

ExistresAug 2019Closed

Home Energy Center Inc

MiscOct 2018Closed

$3K

ROYAL RESTORATION INC

AdditionJul 2018Closed

$14K

Patrick Timmins

NewresJan 2018Closed

$3K

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

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$368K-0.7% YoY

Median price / sqft$228/sqft

Median days to close15 days

Active listings75

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 width45 ft

Buildable depth86 ft

Area~3,854 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 3,854 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3119 HAYES ST N E MINNEAPOLIS MN 55418	M E BRANT & P J DEVERY	RESIDENTIAL-TWO UNIT	$402,600	53 ft
3129 HAYES ST N E MINNEAPOLIS MN 55418	J P & R A SPARROW	RESIDENTIAL	$381,700	53 ft
3135 HAYES ST N E MINNEAPOLIS MN 55418	BEN MEZZENGA	RESIDENTIAL	$414,800	105 ft
3115 HAYES ST N E MINNEAPOLIS MN 55418	J M PLOTZ & S J PLOTZ	RESIDENTIAL	$405,600	112 ft
3122 GARFIELD ST N E MINNEAPOLIS MN 55418	A C SWANSON & I E SWANSON	RESIDENTIAL	$385,200	141 ft
3126 GARFIELD ST N E MINNEAPOLIS MN 55418	CRAIG A POWERS	RESIDENTIAL	$293,700	143 ft
3139 HAYES ST N E MINNEAPOLIS MN 55418	D J STOECKEL & M ROSSI	RESIDENTIAL	$429,300	152 ft
3130 GARFIELD ST N E MINNEAPOLIS MN 55418	M W SOMMER & S L SOMMER	RESIDENTIAL	$308,100	157 ft
3114 GARFIELD ST N E MINNEAPOLIS MN 55418	MERRIE JEAN HARRISON	RESIDENTIAL	$358,400	159 ft
3107 HAYES ST N E MINNEAPOLIS MN 55418	EAGLE CREST RENTAL LLC	RESIDENTIAL-TWO UNIT	$409,000	167 ft

Property History

Most Recent Sale

Date200010

Price$142,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,278