391 LAUREL AVE 101

PID: 012823210108· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210108

Lot Size871 sq ft (0.310 ac)

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

Year Built1918

Property ClassCONDO

OwnerAINE C MCCORMACK

Assessed Value$165,000

Land Value$1,000

Building Value$164,000

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

2 permits on record since 2022 · $5K total declared value · Most recent: Sep 2022 (plumbing)

PlumbingSep 2022Finaled

$3K

Mark Manship First Class Plumbing, LLC

ElectricalSep 2022Finaled

$3K

South Side Electric Inc

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 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
385 LAUREL AVE 306	LEE C RINK	CONDO	$145,900
385 LAUREL AVE 310	CHARLES L LINDEN BETTY J LINDEN	CONDO	$162,400
391 LAUREL AVE 104	CYRENA ANDERSON	CONDO	$138,800
385 LAUREL AVE 208	KATHLEEN KRAUTH GREGORY J KRAUTH	CONDO	$144,500
385 LAUREL AVE 9	JILL E ROCK CHRISTOPHER ROCK	CONDO	$118,600
391 LAUREL AVE 105	MELISSA MALEN PETER MALEN	CONDO	$143,100
385 LAUREL AVE 108	LYNDA J HISLOP TR	CONDO	$144,500
391 LAUREL AVE 204	SUSAN M METZGER	CONDO	$138,800
385 LAUREL AVE 107	ROGER J HOKANSON TR KAREN L HOKANSON TR	CONDO	$149,400
391 LAUREL AVE 212	JUSTIN R NEIS HALLEE R NEIS	CONDO	$159,600

Property History

Most Recent Sale

Date1997-07-28

Price$50,500

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.