429 HOLLY AVE

PID: 012823240227· 2 fields stubbed (see below)

Property Overview

Parcel ID012823240227

Lot Size8,276 sq ft (0.190 ac)

Lot Dimensions (est.)66 ft wide × 126 ft deep

Year Built1881

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerHISTORIC HOMES MANAGEMENT LLC

Assessed Value$412,600

Land Value$80,000

Building Value$332,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

6 permits on record since 2018 · $34K total declared value · Most recent: May 2021 (building permit)

Building PermitMay 2021Finaled

$14K

Orchid Remodeling LLC

Building PermitApr 2021Finaled

$4K

Orchid Remodeling LLC

Building PermitMar 2020Finaled

$12K

Orchid Remodeling LLC

Building PermitJul 2018Finaled

$2K

Orchid Remodeling LLC

MechanicalJul 2018Finaled

$900

Mr GEORGE CARLSON TEAM MECHANICAL 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

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 width56 ft

Buildable depth106 ft

Area~4,708 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 4,708 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
421 HOLLY AVE	CRAIG HIRSCHEY	SINGLE FAMILY DWELLING, PLATTED LOT	$623,000	60 ft
78 ARUNDEL ST	HISTORIC HOMES MANAGEMENT LLC	APARTMENTS 4-6 RENTAL UNITS	$648,600	85 ft
80 ARUNDEL ST	HISTORIC HOMES MANAGEMENT LLC	TWO FAMILY DWELLING - UP/DWN	$604,200	97 ft
88 ARUNDEL ST	MICHAEL LUKEN	CONDO	$262,300	129 ft
86 ARUNDEL ST	GREGORY J CLINE	CONDO	$305,700	129 ft
84 ARUNDEL ST	JUDITH L OLIVER	CONDO	$319,700	129 ft
417 HOLLY AVE	BENJAMIN P FILENE RACHEL FILENE SEIDMAN	CONDO	$575,300	130 ft
415 HOLLY AVE	GARRY L NORDENSTAM TR JEANNE E MORRIS TR	CONDO	$578,900	130 ft
422 ASHLAND AVE	JOHN R FISCHER KARI R FISCHER	SINGLE FAMILY DWELLING, PLATTED LOT	$875,700	166 ft
418 ASHLAND AVE	VALERIE A EVJE	SINGLE FAMILY DWELLING, PLATTED LOT	$739,400	180 ft

Property History

Most Recent Sale

Date2017-09-25

Price$1,200,000

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.