609 LAUREL AVE

PID: 012823220176· 2 fields stubbed (see below)

Property Overview

Parcel ID012823220176

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)50 ft wide × 168 ft deep

Year Built1983

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerDONALD K HANSON

Assessed Value$522,500

Land Value$174,700

Building Value$347,800

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

5 permits on record since 2020 · $25K total declared value · Most recent: Feb 2021 (mechanical)

MechanicalFeb 2021Finaled

$4K

PAUL REILAND METRO HEATING AND COOLING LLC

Warm Air, Ventilation & General SheetFeb 2021Finaled

$3K

PAUL REILAND METRO HEATING AND COOLING LLC

ElectricalJul 2020Finaled

$700

Scott Freer Scott Freer Electric Co

Building PermitJul 2020Finaled

$13K

LINDUS CONSTRUCTION

Building PermitMar 2020Finaled

$5K

LINDUS CONSTRUCTION

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 depth128 ft

Area~1,314 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 1,314 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
607 LAUREL AVE	HAWTHORN W HAWTHORN E ASSN	RESIDENTIAL, OTHER	$151,700	45 ft
613 LAUREL AVE	MARCUS DANIEL HAUG SAMUEL CARL LENHART	SINGLE FAMILY DWELLING, PLATTED LOT	$432,100	46 ft
0 LAUREL AVE	HUPP HOLDINGS III LLC	APARTMENTS 4-6 RENTAL UNITS	$1,028,800	86 ft
599 LAUREL AVE 3W	MARK A EDWARDS	CONDO	$273,700	95 ft
599 LAUREL AVE 4W	JOSEPH C RITTMANN MIHRA E RITTMANN	CONDO	$253,300	95 ft
599 LAUREL AVE 6W	ALICIA COLEMAN	CONDO	$292,600	95 ft
599 LAUREL AVE 1W	LEAH MEDURE	CONDO	$253,300	95 ft
599 LAUREL AVE 5W	DAVID E THEIN	CONDO	$273,700	95 ft
599 LAUREL AVE 2W	MEGHAN M ORUD	CONDO	$253,300	95 ft
0 DALE ST N	ST PAUL DEVELOPMENT CORP	MIXED RETAIL/COMMERCIAL	$820,900	150 ft

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.