3042 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 0102924430033

Property Overview

Parcel ID0102924430033

Lot Size5,054 sq ft (0.116 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerJ P MILLER & A L DRALLE

Assessed Value$300,600

Land Value$130,000

Building Value$170,600

Annual Tax$4,380

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2019 · $39K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

K2 BATH DESIGN AND REMODELING LLC

RemodelFeb 2024Closed

$11K

K2 BATH DESIGN AND REMODELING LLC

MiscMay 2023Closed

$16K

Gopher Roofing and Restoration Inc

MiscJun 2022Closed

$8K

PELLA NORTHLAND

ResSep 2020Closed

Warners Stellian Co Inc

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~2,591 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 2,591 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3046 GARFIELD ST N E MINNEAPOLIS MN 55418	MEGAN DEMOREST	RESIDENTIAL	$362,700	40 ft
3038 GARFIELD ST N E MINNEAPOLIS MN 55418	M D MILLER & J MALONE-MILLER	RESIDENTIAL	$340,300	40 ft
3050 GARFIELD ST N E MINNEAPOLIS MN 55418	JON ONG & ANDREA J WROBBEL	RESIDENTIAL	$296,200	80 ft
3034 GARFIELD ST N E MINNEAPOLIS MN 55418	JAMES C ROY ET AL	RESIDENTIAL	$332,200	80 ft
3054 GARFIELD ST N E MINNEAPOLIS MN 55418	JANET M FRIDGEN	RESIDENTIAL	$311,800	120 ft
3030 GARFIELD ST N E MINNEAPOLIS MN 55418	ADAM M ARLING/BRENT M SUGAY	RESIDENTIAL	$275,100	120 ft
3043 HAYES ST N E MINNEAPOLIS MN 55418	JEREMY A HOLEN	RESIDENTIAL	$452,600	138 ft
3039 HAYES ST N E MINNEAPOLIS MN 55418	GARY A & LINDA K LEE TRUSTEE	RESIDENTIAL	$366,900	144 ft
3047 HAYES ST N E MINNEAPOLIS MN 55418	JAN L ABELL	RESIDENTIAL	$406,500	144 ft
3058 GARFIELD ST N E MINNEAPOLIS MN 55418	GREGG W MAU/MOLLY L MCCARTHY	RESIDENTIAL	$314,900	154 ft

Property History

Most Recent Sale

Date201206

Price$189,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,380