408 LAUREL AVE

PID: 012823210390· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210390

Lot Size1,742 sq ft (0.130 ac)

Lot Dimensions (est.)45 ft wide × 39 ft deep

Year Built1890

Property ClassCONDO

OwnerTODD EIDE TAMMY EIDE

Assessed Value$397,300

Land Value$1,000

Building Value$396,300

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 2015 · $5K total declared value · Most recent: Aug 2016 (electrical)

ElectricalAug 2016Finaled

$3K

TIM KUNKEL ELECTRIC LLC

Building PermitJul 2015Active/Issued

$2K

BALANCING ROCK DESIGN CONTRACTING 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 width35 ft

Buildable depth0 ft

Area~319 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

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 319 sqft buildable area.

Est. units

Yield on cost

11.9%

Spread

+6.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
406 LAUREL AVE	BRUCE R BEHRENDS SUSAN K BEHRENDS	CONDO	$348,800	0 ft
402 LAUREL AVE 1	SHANE PATRICK FLANAGAN	CONDO	$354,000	42 ft
404 LAUREL AVE 2	BROCK T MARTINSON JOHANNA R MARTINSON	CONDO	$305,400	42 ft
410 LAUREL AVE	STACEY JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$643,000	47 ft
400 LAUREL AVE	ELLEN M REEHER ANDREW W REEHER	SINGLE FAMILY DWELLING, PLATTED LOT	$714,400	82 ft
416 LAUREL AVE	MARGARET L OHARA TR DOUGLAS P MACKAMAN TR	SINGLE FAMILY DWELLING, PLATTED LOT	$764,700	96 ft
394 LAUREL AVE	HUPP HOLDINGS V LLC	TWO FAMILY DWELLING - UP/DWN	$517,400	128 ft
409 ASHLAND AVE	CATHEDERAL HILL APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$849,100	156 ft
405 ASHLAND AVE	CURTIS CARL CARR	SINGLE FAMILY W/ACCESSORY UNIT	$341,700	157 ft
111 WESTERN AVE N	MONTROSE COURT CONDO ASSOC	CONDO GARAGE	$5,100	170 ft

Property History

Most Recent Sale

Date2024-12-13

Price$400,000

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.