265 SUMMIT AVE

PID: 012823110040· 2 fields stubbed (see below)

Property Overview

Parcel ID012823110040

Lot Size13,939 sq ft (0.320 ac)

Lot Dimensions (est.)70 ft wide × 82 ft deep

Year Built1881

Property ClassRES/EXEMPT SINGLE FAMILY DWELLING

OwnerCOMMUNITY OF RECOVERING PEOPLE INC

Assessed Value$988,900

Land Value$323,200

Building Value$665,700

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potential programs

Saint Paul STAR Grants & LoansMedium

Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.

Saint Paul — STAR Program ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2022 · $36K total declared value · Most recent: Oct 2022 (building permit)

Building PermitOct 2022Finaled

$24K

TIMOTHY HOLMLUND HOLMLUND MASONRY COMPANY

ElectricalAug 2022Finaled

$1K

Len Reinhardt SUPREME ELECTRIC INC

Building PermitJul 2022Active/Issued

$11K

JOSEPH HALSTEAD ALLSTAR CONSTRUCTION COMMERCIAL OPERATING COMPANY LLC

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

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 358

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width60 ft

Buildable depth62 ft

Area~8,856 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 3-story wood frame (5–12 units) benchmarks for 8,856 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
261 SUMMIT AVE	CARL T GRAY JANET ANN GRAY	APARTMENTS 4-6 RENTAL UNITS	$789,900	63 ft
269 SUMMIT AVE	MICHAEL OLSON NEERA CHATTERJEE	CONDO	$697,300	83 ft
271 SUMMIT AVE 1	SHEILA M LUTZ TR	APARTMENTS 4-6 RENTAL UNITS	$879,000	83 ft
259 SUMMIT AVE	RHEA LIGHT LLC	APARTMENTS 7-19 RENTAL UNITS	$610,100	118 ft
266 MAIDEN LN 2	JANE D BUXELL	CONDO	$200,600	142 ft
264 MAIDEN LN 4	HENRY SCHNITZER	CONDO	$230,500	142 ft
262 MAIDEN LN 3	THOMAS F IRVINE	CONDO	$198,900	142 ft
260 MAIDEN LN 1	MICHAEL DAMATO	CONDO	$900,600	142 ft
255 SUMMIT AVE	RHEA LIGHT LLC	APARTMENTS 7-19 RENTAL UNITS	$610,100	154 ft
275 SUMMIT AVE	DAVID M MCLAUGHLIN	SINGLE FAMILY W/ACCESSORY UNIT	$1,273,500	191 ft

Property History

Most Recent Sale

Date2012-03-30

Price$512,500

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.