487 DAYTON AVE 3

PID: 012823210212· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210212

Lot Size871 sq ft (0.190 ac)

Lot Dimensions (est.)50 ft wide × 17 ft deep

Year Built1908

Property ClassCONDO

OwnerLUKE KIVI

Assessed Value$228,200

Land Value$1,000

Building Value$227,200

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 2021 · $2K total declared value · Most recent: Aug 2021 (electrical)

ElectricalAug 2021Finaled

$125

SETH HOLM HUNT ELECTRIC CORPORATION

PlumbingApr 2021Finaled

$2K

RAYMOND SNESRUD WATER HEATERS NOW 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 rent1,124/mo

Renter-occupied61.5%

Median home value$295K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 340

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 depth0 ft

Area~1,231 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 small multifamily (2–4 units, wood frame) benchmarks for 1,231 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
487 DAYTON AVE 2	ANGELA M NORBURG	CONDO	$314,400	0 ft
487 DAYTON AVE 1	MARIE ELISE HAREMSKI	CONDO	$327,500	0 ft
485 DAYTON AVE	TERENCE W GRAY BILLIE L GRAY	THREE FAMILY DWELLING, PLATTED LOT	$720,200	50 ft
493 DAYTON AVE 1	THOMAS R MASUDA	CONDO	$237,700	71 ft
493 DAYTON AVE 2	SYLVAIN CLAUDE MOUNES	CONDO	$275,300	71 ft
493 DAYTON AVE 3	ERIN SUNSERI	CONDO	$275,300	71 ft
214 MACKUBIN ST	SARA J LEMKE	CONDO	$292,000	78 ft
218 MACKUBIN ST	BRIAN R KETCHEL SHAUNNA K KETCHEL	CONDO	$273,200	78 ft
220 MACKUBIN ST	MERIDETH R FRITZ	CONDO	$305,200	78 ft
216 MACKUBIN ST	NATHAN E VIK KRISTINE M KIEFER-VIK	CONDO	$305,200	78 ft

Property History

Most Recent Sale

Date2024-04-15

Price$235,000

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.