433 ASHLAND AVE 2

PID: 012823240257· 2 fields stubbed (see below)

Property Overview

Parcel ID012823240257

Lot Size2,178 sq ft (0.250 ac)

Lot Dimensions (est.)76 ft wide × 29 ft deep

Year Built1886

Property ClassCONDO

OwnerERNESTO CAPELLO JESSICA L PEARSON

Assessed Value$341,800

Land Value$1,000

Building Value$340,800

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

2 permits on record since 2022 · $2K total declared value · Most recent: Jan 2024 (plumbing)

PlumbingJan 2024Finaled

$500

GREG MARTIN MN PLUMBING & HOME SERVICES INC

PlumbingOct 2022Finaled

$1K

JEFFERY NORBLOM NORBLOM PLUMBING 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 rent1,172/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 width66 ft

Buildable depth0 ft

Area~3,561 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 3-story wood frame (5–12 units) benchmarks for 3,561 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
433 ASHLAND AVE 1	KAREN M LYONS	CONDO	$231,700	0 ft
433 ASHLAND AVE 3	SUZANNE W YEAGER JESSE A YEAGER	CONDO	$221,900	0 ft
433 ASHLAND AVE 4	ANH COOPER	CONDO	$182,700	0 ft
431 ASHLAND AVE	JEFFREY L KNUTSON LOIS J KNUTSON	SINGLE FAMILY W/ACCESSORY UNIT	$865,200	86 ft
443 ASHLAND AVE	ASHLAND PROPERTY LLC	APARTMENTS 50-99 RENTAL UNITS	$4,322,200	140 ft
120 ARUNDEL ST 1M	ADAM D KAY JUSTA HEINEN KAY	CONDO	$222,800	144 ft
438 LAUREL AVE 1-W	AARON MICHAEL BROWN STEPHEN CHARLES RIENDL	CONDO	$251,600	144 ft
438 LAUREL AVE 3-W	GENEVIEVE GLEICH	CONDO	$275,700	144 ft
434 LAUREL AVE 2-E	KATHLEEN PELTZMAN	CONDO	$251,600	144 ft
438 LAUREL AVE 2-W	GEORGE S LANGE	CONDO	$273,500	144 ft

Property History

Most Recent Sale

Date2020-10-01

Price$325,000

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.