90 VIRGINIA ST 1

PID: 012823130015· 2 fields stubbed (see below)

Property Overview

Parcel ID012823130015

Lot Size16,553 sq ft (0.160 ac)

Lot Dimensions (est.)143 ft wide × 116 ft deep

Year Built1960

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerJ-DIB PROPERTIES LLC

Assessed Value$778,300

Land Value$120,000

Building Value$658,300

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

6 permits on record since 2019 · $25K total declared value · Most recent: Jan 2023 (electrical)

ElectricalJan 2023Finaled

$5K

TIM KUNKEL ELECTRIC LLC

Building PermitSep 2022Finaled

$11K

BERWALD ROOFING COMPANY INC

ElectricalDec 2019Finaled

$3K

TIM KUNKEL ELECTRIC LLC

ElectricalNov 2019Finaled

$2K

TIM KUNKEL ELECTRIC LLC

ElectricalMar 2019Finaled

$2K

TIM KUNKEL ELECTRIC 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 rent1,172/mo

Renter-occupied59.0%

Median home value$399K

Vacancy rate4.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 355

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width133 ft

Buildable depth76 ft

Area~1,223 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 1,223 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
96 VIRGINIA ST	GREGORY L EKBOM	SINGLE FAMILY W/ACCESSORY UNIT	$1,130,200	84 ft
339 SUMMIT AVE 2	WILLIAM T HUEBSCH REV TR MARK E HAKOMAKI REV TR	CONDO	$557,900	131 ft
339 SUMMIT AVE 3	ELIZABETH VAN PILSUM	CONDO	$323,500	131 ft
339 SUMMIT AVE 4	ASHA GHASSEMLOUEI DANA GUNDERSON	CONDO	$330,200	131 ft
339 SUMMIT AVE 5	JODY L MIKASEN ROBERT J FOSTER	CONDO	$327,000	131 ft
339 SUMMIT AVE 1	JOLENE R MALONE	CONDO	$381,700	131 ft
345 SUMMIT AVE 2	ERIC M KUSTRITZ	CONDO	$1,096,500	138 ft
345 SUMMIT AVE 1	ERIC M KUSTRITZ	CONDO	$832,400	138 ft
333 MAIDEN LN	TIMOTHY GRADY CATHERINE ALLAN	SINGLE FAMILY DWELLING, PLATTED LOT	$1,162,800	147 ft
335 SUMMIT AVE	335 SUMMIT AVENUE LLC	APARTMENTS 4-6 RENTAL UNITS	$1,072,000	149 ft

Property History

Most Recent Sale

Date2019-01-25

Price$570,000

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.