500 HOLLY AVE 3

PID: 012823230139· 2 fields stubbed (see below)

Property Overview

Parcel ID012823230139

Lot Size2,178 sq ft (0.250 ac)

Lot Dimensions (est.)95 ft wide × 23 ft deep

Year Built1883

Property ClassCONDO

OwnerTODD MELBY DIANE RICHARD

Assessed Value$511,300

Land Value$1,000

Building Value$510,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 2019 · $2K total declared value · Most recent: Oct 2019 (electrical)

ElectricalOct 2019Finaled

$350

Mr Erik Werner HI TECH ELECTRICAL CONTRACTORS LLC

MechanicalSep 2019Finaled

$2K

TWIN CITY FIREPLACE & STO TWIN CITY FIREPLACE & STONE CO

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 rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 358

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width85 ft

Buildable depth3 ft

Area~7,169 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 7,169 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
500 HOLLY AVE 1	WOOD R FOSTER JR JANE G SEVERNS	CONDO	$446,900	0 ft
500 HOLLY AVE 2	FREDRICK H WALSH JEANNE WALSH	CONDO	$444,900	0 ft
512 HOLLY AVE	JASON B PRIMUTH JENNIFER PRIMUTH	TWO FAMILY DWELLING - UP/DWN	$799,400	80 ft
43 MACKUBIN ST	MATTHEW N JACKSON	TWO FAMILY DWELLING - UP/DWN	$495,000	83 ft
41 MACKUBIN ST	VIOLETTA T BABAEVA	SINGLE FAMILY DWELLING, PLATTED LOT	$366,500	124 ft
496 HOLLY AVE 4	DAVID MENGES	CONDO	$452,600	141 ft
520 HOLLY AVE	CHRISTOPHER DANIEL GRACE KELLOGG	SINGLE FAMILY DWELLING, PLATTED LOT	$376,600	141 ft
496 HOLLY AVE 3	MICHAEL SMITH JEFFREY ZAJAC	CONDO	$523,300	141 ft
496 HOLLY AVE 1	JACQUELINE THOMPSON	CONDO	$319,500	141 ft
496 HOLLY AVE 2	PAUL JOSEPH MORAN SUSAN DIAMOND MORAN	CONDO	$357,100	141 ft

Property History

Most Recent Sale

Date2023-10-02

Price$525,000

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.