3507 SPAIN PL MINNEAPOLIS MN 55418

PID: 0202924120114

Property Overview

Parcel ID0202924120114

Lot Size10,920 sq ft (0.251 ac)

Lot Dimensions (est.)220 ft wide × 50 ft deep

Year Built1957

Property ClassRESIDENTIAL

OwnerJAMES A ANDERSON

Assessed Value$297,000

Land Value$116,000

Building Value$181,000

Annual Tax$4,320

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $32K total declared value · Most recent: Dec 2019 (res)

ResDec 2019Closed

FIRESIDE HEARTH AND HOME

RemodelNov 2019Closed

$4K

STANDARD WATER CONTROL SYSTEMS INC

ExistresNov 2019Closed

Ideal Air LLC

ResOct 2019Closed

SERVICE STAR PLUMBING LLC

RemodelOct 2019Closed

$20K

Daufelt Construction Services LLC

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

Neighborhood Profile

Columbia 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width46 ft

Buildable depth155 ft

Area~7,089 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 7,089 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
3511 SPAIN PL MINNEAPOLIS MN 55418	RUTH A KOHOUT	RESIDENTIAL	$281,500	53 ft
3501 SPAIN PL MINNEAPOLIS MN 55418	SUSAN M GIESE LIVING TRUST	RESIDENTIAL-TWO UNIT	$385,400	66 ft
3515 SPAIN PL MINNEAPOLIS MN 55418	E H RAEKER & A E RAMNARAINE	RESIDENTIAL	$309,800	106 ft
3517 SPAIN PL MINNEAPOLIS MN 55418	M E MENSCH & J A DAVIS	RESIDENTIAL-TWO UNIT	$375,800	162 ft
601 35TH AVE N E MINNEAPOLIS MN 55418	CHUCK WANDZEL	RESIDENTIAL-TWO UNIT	$284,200	168 ft
3508 SPAIN PL MINNEAPOLIS MN 55418	TIMOTHY HOSKINS ET AL	RESIDENTIAL	$275,000	221 ft
3523 SPAIN PL MINNEAPOLIS MN 55418	D ROSENDALE & A ROSENDALE	RESIDENTIAL	$222,000	224 ft
3500 SPAIN PL MINNEAPOLIS MN 55418	TRISTAN MICHAEL RENDO	RESIDENTIAL	$263,000	227 ft
3514 MADISON PL MINNEAPOLIS MN 55418	G RIAUTSCHNIG & T J BORGREN	RESIDENTIAL	$328,700	246 ft
3516 MADISON PL MINNEAPOLIS MN 55418	DAVID A CAMPBELL	RESIDENTIAL-TWO UNIT	$372,500	267 ft

Property History

Most Recent Sale

Date200104

Price$149,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,320