1701 PIERCE ST N E MINNEAPOLIS MN 55413

PID: 1302924210034

Property Overview

Parcel ID1302924210034

Lot Size5,376 sq ft (0.123 ac)

Lot Dimensions (est.)125 ft wide × 43 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerSHAWN H BERGSTROM

Assessed Value$275,300

Land Value$119,000

Building Value$156,300

Annual Tax$3,956

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $13K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$3K

CREW2 INC

AdditionJul 2024Closed

$3K

JC Miller and Sons Inc

ResJun 2024Closed

Erik Nelson Plumbing LLC

RemodelDec 2023Closed

$8K

Minnesota Rusco Inc

ResDec 2023Closed

Minnesota Rusco Inc

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

Neighborhood Profile

Northeast Park · Minneapolis

Median reported rent1,449/mo

Renter-occupied53.8%

Median home value$277K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1026

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width112 ft

Buildable depth3 ft

Area~2,550 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 small multifamily (2–4 units, wood frame) benchmarks for 2,550 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1705 PIERCE ST N E MINNEAPOLIS MN 55413	KATE G PYDIPATI	RESIDENTIAL	$281,400	43 ft
1709 PIERCE ST N E MINNEAPOLIS MN 55413	SARAH E BAEVERSTAD	RESIDENTIAL	$331,400	86 ft
1713 PIERCE ST N E MINNEAPOLIS MN 55413	MARGARET LEE	RESIDENTIAL-TWO UNIT	$349,800	129 ft
1700 BUCHANAN ST N E MINNEAPOLIS MN 55413	CLAIRE RYDEEN	RESIDENTIAL	$379,900	139 ft
1706 BUCHANAN ST N E MINNEAPOLIS MN 55413	ZACHARY SHERIDAN	RESIDENTIAL	$250,000	149 ft
1717 PIERCE ST N E MINNEAPOLIS MN 55413	M L SANDBERG & P A SANDBERG	RESIDENTIAL	$379,500	172 ft
1710 BUCHANAN ST N E MINNEAPOLIS MN 55413	D CARSON & R CARSON	RESIDENTIAL	$295,600	173 ft
1600 BUCHANAN ST N E MINNEAPOLIS MN 55413	YBC INC	COMMERCIAL-PREFERRED	$0	184 ft
1702 PIERCE ST N E MINNEAPOLIS MN 55413	LAURA LYNN ERICKSEN	RESIDENTIAL	$301,300	191 ft
1706 PIERCE ST N E MINNEAPOLIS MN 55413	THOMAS R ALESSI	RESIDENTIAL	$286,000	198 ft

Property History

Most Recent Sale

Date199306

Price$48,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,956