561 LAUREL AVE 6

PID: 012823220199· 2 fields stubbed (see below)

Property Overview

Parcel ID012823220199

Lot Size1,307 sq ft (0.480 ac)

Lot Dimensions (est.)123 ft wide × 11 ft deep

Year Built1896

Property ClassCONDO

OwnerBELL ISLAND SHARON ARMSTRONG

Assessed Value$285,600

Land Value$1,000

Building Value$284,600

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

1 permit on record since 2020 · $5K total declared value · Most recent: May 2020 (plumbing)

PlumbingMay 2020Finaled

$5K

PAUL DANNER DANNER PLUMBING RESTORATION

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 width113 ft

Buildable depth0 ft

Area~10,701 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 5-over-1 podium (12–50 units) benchmarks for 10,701 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
561 LAUREL AVE 2	LYNN E NOVOTNY TR VLADIMIR NOVOTNY TR	CONDO	$308,500	0 ft
561 LAUREL AVE 3	BELL ISLAND SHARON ARMSTRONG	CONDO	$296,300	0 ft
561 LAUREL AVE 4	MATTHEW BURESH	CONDO	$308,500	0 ft
561 LAUREL AVE 5	ERIKA J HERRMANN	CONDO	$296,300	0 ft
563 LAUREL AVE 7	WILLIAM G GREENSLIT TR KAREN E PAVLOFF TR	CONDO	$288,800	0 ft
563 LAUREL AVE 9	DAVID EDINGER MARALEE OLSON	CONDO	$311,800	0 ft
563 LAUREL AVE 2	ATHENA A JOHNSON	CONDO	$312,300	0 ft
561 LAUREL AVE 1	NICOLAS SALOM PAIGE VILLIARD	CONDO	$308,500	0 ft
573 LAUREL AVE	BUDD G SIEGER III LAUREL A SIEGER	TWO FAMILY DWELLING - UP/DWN	$614,400	85 ft
157 KENT ST	ELIZABETH PETIT	TOWNHOME - OUTER UNIT	$360,500	131 ft

Property History

Most Recent Sale

Date2025-08-14

Price$285,000

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.