427 LAUREL AVE

PID: 012823210100· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210100

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)50 ft wide × 174 ft deep

Year Built1884

Property ClassSINGLE FAMILY W/ACCESSORY UNIT

OwnerREBECCA M AUSTIN TR

Assessed Value$816,300

Land Value$174,700

Building Value$641,600

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

1 permit on record since 2023 · $18K total declared value · Most recent: Nov 2023 (building permit)

Building PermitNov 2023Finaled

$18K

ERICK N KALLERUP CONSTRUCTION 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 width40 ft

Buildable depth134 ft

Area~1,252 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 1,252 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
423 LAUREL AVE	MICHAEL LEE MARTINA BAZZARO	TWIN HOME	$695,700	41 ft
421 LAUREL AVE	FRANZ MACEDO ANN MACEDO	TWIN HOME	$715,200	71 ft
138 ARUNDEL ST	M AND H PROPERTIES LLC	APARTMENTS 20-49 RENTAL UNITS	$2,406,500	83 ft
415 LAUREL AVE	SARA THERESE FROMMEYER	SINGLE FAMILY DWELLING, PLATTED LOT	$1,079,400	105 ft
411 LAUREL AVE	411 LAUREL AVE LLC	APARTMENTS 4-6 RENTAL UNITS	$616,800	150 ft
400 SELBY AVE	SELBY AVENUE REALTY LLC	APARTMENTS 50-99 RENTAL UNITS	$20,442,500	196 ft
407 LAUREL AVE	PATRICK M TILTON MARTHA ANNE TILTON	TWO FAMILY DWELLING - UP/DWN	$408,700	200 ft
422 LAUREL AVE	KARISSA A KERR	SINGLE FAMILY W/ACCESSORY UNIT	$1,264,400	220 ft
416 LAUREL AVE	MARGARET L OHARA TR DOUGLAS P MACKAMAN TR	SINGLE FAMILY DWELLING, PLATTED LOT	$764,700	236 ft
120 ARUNDEL ST 1M	ADAM D KAY JUSTA HEINEN KAY	CONDO	$222,800	246 ft

Property History

Most Recent Sale

Date1998-09-23

Price$255,000

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.