541 LAUREL AVE 4

PID: 012823220149· 2 fields stubbed (see below)

Property Overview

Parcel ID012823220149

Lot Size1,307 sq ft (0.200 ac)

Lot Dimensions (est.)52 ft wide × 25 ft deep

Year Built1886

Property ClassCONDO

OwnerNICHOLAS O SERTICH MELADEE LARSON

Assessed Value$290,700

Land Value$1,000

Building Value$289,700

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 2017 · $7K total declared value · Most recent: Mar 2018 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetMar 2018Finaled

$750

APOLLO HEATING AND VENTILATING

Building PermitJan 2018Finaled

$1K

DOYLE CONSTRUCTION INC

Building PermitOct 2017Finaled

$6K

US PATIO SYSTEMS INC DBA: US BATH SYSTEMS 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 width42 ft

Buildable depth0 ft

Area~1,310 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 1,310 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
539 LAUREL AVE 1	ALBERT J FITZGIBBONS IV	CONDO	$274,700	0 ft
541 LAUREL AVE 2	J MITCHELL MCELREE TR	CONDO	$248,500	0 ft
539 LAUREL AVE 3	DAVID AND CHERYL GOLDBERG FAMILY TR	CONDO	$296,300	0 ft
533 LAUREL AVE A	AMOLAK SINGH	CONDO	$233,500	50 ft
535 LAUREL AVE B	BENJAMIN COLLINS	CONDO	$255,600	50 ft
533 LAUREL AVE B	DANIEL L PELLINEN	CONDO	$255,600	50 ft
535 LAUREL AVE A	JULIE M JOCHUM	CONDO	$220,200	50 ft
547 LAUREL AVE	ANDREW MILLER	TWO FAMILY DWELLING - UP/DWN	$538,800	64 ft
0 KENT ST	KENT LAUREL HOMEOWNERS ASSOC	RESID/EXEMPT VACANT LAND	$202,900	83 ft
551 LAUREL AVE	MARK WAITE	CONDO	$269,100	93 ft

Property History

Most Recent Sale

Date2021-08-27

Price$282,000

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.