335 SUMMIT AVE

PID: 012823130011· 2 fields stubbed (see below)

Property Overview

Parcel ID012823130011

Lot Size10,019 sq ft (0.240 ac)

Lot Dimensions (est.)142 ft wide × 71 ft deep

Year Built1891

Property ClassAPARTMENTS 4-6 RENTAL UNITS

Owner335 SUMMIT AVENUE LLC

Assessed Value$1,072,000

Land Value$255,000

Building Value$817,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

No permits found in Saint Paul open data for this parcel.

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 width132 ft

Buildable depth51 ft

Area~6,211 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 6,211 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
329 SUMMIT AVE	LAURA JOHANNA HAGEN TR KRISTA MARIE JORGENSON TR	TWO FAMILY DWELLING - UP/DWN	$1,198,500	50 ft
339 SUMMIT AVE 2	WILLIAM T HUEBSCH REV TR MARK E HAKOMAKI REV TR	CONDO	$557,900	60 ft
339 SUMMIT AVE 1	JOLENE R MALONE	CONDO	$381,700	60 ft
339 SUMMIT AVE 3	ELIZABETH VAN PILSUM	CONDO	$323,500	60 ft
339 SUMMIT AVE 4	ASHA GHASSEMLOUEI DANA GUNDERSON	CONDO	$330,200	60 ft
339 SUMMIT AVE 5	JODY L MIKASEN ROBERT J FOSTER	CONDO	$327,000	60 ft
323 SUMMIT AVE	RICHARD L BARON	SINGLE FAMILY DWELLING, PLATTED LOT	$1,177,400	126 ft
345 SUMMIT AVE 1	ERIC M KUSTRITZ	CONDO	$832,400	128 ft
345 SUMMIT AVE 2	ERIC M KUSTRITZ	CONDO	$1,096,500	128 ft
333 MAIDEN LN	TIMOTHY GRADY CATHERINE ALLAN	SINGLE FAMILY DWELLING, PLATTED LOT	$1,162,800	144 ft

Property History

Most Recent Sale

Date2024-05-23

Price$1,100,000

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.