138 ARUNDEL ST

PID: 012823210099· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210099

Lot Size20,038 sq ft (0.460 ac)

Lot Dimensions (est.)117 ft wide × 171 ft deep

Year Built1960

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerM AND H PROPERTIES LLC

Assessed Value$2,406,500

Land Value$500,000

Building Value$1,906,500

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

1 permit on record since 2015 · $10K total declared value · Most recent: Sep 2015 (stucco/plaster)

Stucco/plasterSep 2015Finaled

$10K

STEPHEN DONNELLY DONNELLY CO INC STEPHEN

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 width107 ft

Buildable depth131 ft

Area~10,140 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 5-over-1 podium (12–50 units) benchmarks for 10,140 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
427 LAUREL AVE	REBECCA M AUSTIN TR	SINGLE FAMILY W/ACCESSORY UNIT	$816,300	83 ft
423 LAUREL AVE	MICHAEL LEE MARTINA BAZZARO	TWIN HOME	$695,700	123 ft
421 LAUREL AVE	FRANZ MACEDO ANN MACEDO	TWIN HOME	$715,200	154 ft
0 ARUNDEL ST	SELBY AVENUE REALTY LLC	COMMERCIAL VACANT LAND	$78,400	187 ft
415 LAUREL AVE	SARA THERESE FROMMEYER	SINGLE FAMILY DWELLING, PLATTED LOT	$1,079,400	188 ft
143 ARUNDEL ST 2	SHARON A AKIMOTO	CONDO	$253,800	202 ft
141 ARUNDEL ST 4	BOLD NORTH PROPERTY LLC	CONDO	$234,500	202 ft
445 LAUREL AVE 1	THOMAS G WIEGELE TR KELLINA M PORTHAN TR	CONDO	$586,700	202 ft
141 ARUNDEL ST 5	SUSAN K MCNELLIS	CONDO	$343,400	202 ft
147 ARUNDEL ST 7	ROBERT L GUIBORD JR MAHINDER KAUR	CONDO	$291,300	202 ft

Property History

Most Recent Sale

Date2003-05-27

Price$1,225,000

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.