407 LAUREL AVE

PID: 012823210325· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210325

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)50 ft wide × 172 ft deep

Year Built1884

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerPATRICK M TILTON MARTHA ANNE TILTON

Assessed Value$408,700

Land Value$174,700

Building Value$234,000

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 2023 · $32K total declared value · Most recent: May 2023 (building permit)

Building PermitMay 2023Active/Issued

$10K

Patrick M Tilton

Building PermitMay 2023Finaled

$22K

BJT ROOFING 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 depth132 ft

Area~1,321 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 1,321 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
411 LAUREL AVE	411 LAUREL AVE LLC	APARTMENTS 4-6 RENTAL UNITS	$616,800	49 ft
403 LAUREL AVE	RUTH A WEINER	SINGLE FAMILY DWELLING, PLATTED LOT	$688,100	50 ft
415 LAUREL AVE	SARA THERESE FROMMEYER	SINGLE FAMILY DWELLING, PLATTED LOT	$1,079,400	94 ft
421 LAUREL AVE	FRANZ MACEDO ANN MACEDO	TWIN HOME	$715,200	129 ft
423 LAUREL AVE	MICHAEL LEE MARTINA BAZZARO	TWIN HOME	$695,700	159 ft
0 WESTERN AVE N	BLAIR HOUSE RES CONDO ASSN	APARTMENT MISC IMPROVEMENT	$342,900	176 ft
391 LAUREL AVE 1	PHILLIP M SMITH	CONDO	$138,500	180 ft
385 LAUREL AVE 111	REGAN B MCCORMACK	CONDO	$159,600	180 ft
385 LAUREL AVE 211	JEREMY E DOWD	CONDO	$159,600	180 ft
391 LAUREL AVE 303	JADYN RENEE BIERMAIER JAMES RUDY BIERMAIER	CONDO	$141,700	180 ft

Property History

Most Recent Sale

Date2004-10-25

Price$328,275

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.