555 ASHLAND AVE

PID: 012823230014· 2 fields stubbed (see below)

Property Overview

Parcel ID012823230014

Lot Size8,712 sq ft (0.190 ac)

Lot Dimensions (est.)60 ft wide × 143 ft deep

Year Built1889

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDOUGLAS J OLSON MARY T OLSON

Assessed Value$980,000

Land Value$192,900

Building Value$787,100

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 2018 · $43K total declared value · Most recent: Jul 2024 (fence)

FenceJul 2024Finaled

$9K

RIDGELINE FENCE AND DECK LLC

Building PermitApr 2023Finaled

$33K

Benjamin Lang SELA ROOFING AND REMODELING

ElectricalFeb 2018Active/Issued

$525

JOCINA HAMMER FIRESIDE HEARTH & HOME

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 width50 ft

Buildable depth103 ft

Area~1,975 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 1,975 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
551 ASHLAND AVE 551	GRETA FRIEDEMANN MAURICE MCCLURG	CONDO	$570,500	54 ft
553 ASHLAND AVE 553	KIMBERLY WALLIN DARRELL ROSS	CONDO	$527,400	54 ft
122 KENT ST	AARON MERLIN STRICKER	SINGLE FAMILY DWELLING, PLATTED LOT	$366,900	108 ft
545 ASHLAND AVE 1	ELIZABETH BOLEJACK ANDREW BACIGALUPO	CONDO	$353,400	117 ft
545 ASHLAND AVE 2	LIESEL MARIE BROERMAN	CONDO	$355,700	117 ft
545 ASHLAND AVE 4	MADISON PARRISH	CONDO	$285,300	117 ft
545 ASHLAND AVE 3	TONJA LARSON	CONDO	$287,100	117 ft
563 ASHLAND AVE	PATRICIA J ROONEY	TWO FAMILY DWELLING - SIDE/SIDE	$537,900	132 ft
115 KENT ST	CHIRAG KADIA	SHORT TERM RENTAL	$356,800	142 ft
126 KENT ST	KAYLEE THOMSEN DUMISANI THOMSEN	SHORT TERM RENTAL	$499,600	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.