487 LAUREL AVE

PID: 012823210277· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210277

Lot Size8,712 sq ft (0.190 ac)

Lot Dimensions (est.)50 ft wide × 175 ft deep

Year Built1900

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDOLLAR BANK SERVICING CENTER JEREMY SHEDLOSKY

Assessed Value$774,800

Land Value$174,700

Building Value$600,100

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

3 permits on record since 2022 · $42K total declared value · Most recent: Apr 2023 (electrical)

ElectricalApr 2023Finaled

$7K

william krause ALWAYS ON ELECTRIC INC DBA: ADVANTAGE ELECTRIC INC

Warm Air, Ventilation & General SheetApr 2023Finaled

$650

SHANE SAYLER SAYLER HEATING & AIR CONDITIONING INC

Building PermitAug 2022Finaled

$35K

Jake Thompson VIKING CONTRACTORS 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 depth135 ft

Area~1,199 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 sfr / adu benchmarks for 1,199 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
491 LAUREL AVE	DAVID BRIAN STEGALL LISA FERGUSON STEGALL	SINGLE FAMILY DWELLING, PLATTED LOT	$472,100	37 ft
493 LAUREL AVE	SHERRIL T GARAHAN	SINGLE FAMILY DWELLING, PLATTED LOT	$289,100	63 ft
479 LAUREL AVE W-6	BARBARA KILZER	CONDO	$342,200	99 ft
481 LAUREL AVE W-1	CESARIA MARY BAUER	CONDO	$337,100	99 ft
479 LAUREL AVE W2	DIANE BENJAMIN	CONDO	$337,100	99 ft
481 LAUREL AVE W-3	MARY G HARDY	CONDO	$342,200	99 ft
477 LAUREL AVE E-1	GEORGE OWEN GRIMM-HOWELL PENELOPE ANGELA LANCRETE	CONDO	$365,000	99 ft
477 LAUREL AVE E3	ARON J KAHN	CONDO	$342,200	99 ft
481 LAUREL AVE W5	NORA M MOORE	CONDO	$342,200	99 ft
475 LAUREL AVE E6	PHILIP J ASGIAN TR	CONDO	$342,200	99 ft

Property History

Most Recent Sale

Date2023-01-06

Price$729,900

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.