391 LAUREL AVE 1

PID: 012823210107· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210107

Lot Size871 sq ft (0.310 ac)

Lot Dimensions (est.)168 ft wide × 5 ft deep

Year Built1918

Property ClassCONDO

OwnerPHILLIP M SMITH

Assessed Value$138,500

Land Value$1,000

Building Value$137,500

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

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

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 width158 ft

Buildable depth0 ft

Area~5,260 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 5,260 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value
391 LAUREL AVE 101	AINE C MCCORMACK	CONDO	$165,000
385 LAUREL AVE 206	MICHAEL J RONNING TR	CONDO	$157,800
385 LAUREL AVE 210	BRADLEY GIVOT	CONDO	$162,400
391 LAUREL AVE 103	MICHAEL ANNE LEMIEUX KASZUBA	CONDO	$131,300
385 LAUREL AVE 308	KINUMO USUDA	CONDO	$145,600
385 LAUREL AVE 207	EMILY ROYER	CONDO	$143,100
385 LAUREL AVE 209	KRISTEN OLSON	CONDO	$173,300
391 LAUREL AVE 202	PETER L MALEN MELISSA MALEN	CONDO	$163,600
391 LAUREL AVE 304	STEPHAN PATRICK OBRIEN STEPHANIE LUZ TORRES DELOS REYES-OBRIEN	CONDO	$138,800
385 LAUREL AVE 306	LEE C RINK	CONDO	$145,900

Property History

Most Recent Sale

Date2017-12-29

Price$132,000

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.