441 GRAND AVE

PID: 012823310093· 2 fields stubbed (see below)

Property Overview

Parcel ID012823310093

Lot Size6,534 sq ft (0.170 ac)

Lot Dimensions (est.)127 ft wide × 51 ft deep

Year Built1964

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerGULL LAKE RENTALS LLC

Assessed Value$1,013,700

Land Value$120,000

Building Value$893,700

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

3 permits on record since 2016 · $11K total declared value · Most recent: Mar 2021 (electrical)

ElectricalMar 2021Finaled

$300

RYAN HUBBARD HUBBARD ELECTRIC INC

FenceOct 2016Active/Issued

$7K

MIDWEST FENCE

Building PermitApr 2016Active/Issued

$3K

EDWARD M CONLEY

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Summit Hill Association · 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

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 width117 ft

Buildable depth11 ft

Area~884 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 sfr / adu benchmarks for 884 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
437 GRAND AVE	JEREMY A KEILLOR CARRIE L KEILLOR	SINGLE FAMILY DWELLING, PLATTED LOT	$493,000	55 ft
445 GRAND AVE	MIRA ON GRAND LLC	APARTMENTS 4-6 RENTAL UNITS	$638,300	55 ft
70 LAWTON ST	GRIFFIN JAMES CONWAY	SINGLE FAMILY DWELLING, PLATTED LOT	$397,400	91 ft
429 GRAND AVE	BARRY JOSEPH STAR TR ANGELA HIGBY STAR TR	APARTMENTS 7-19 RENTAL UNITS	$566,600	115 ft
32 SUMMIT CT	CITY OF ST PAUL	EXEMPT, VACANT LAND	$171,800	156 ft
423 GRAND AVE	CARYL KRUCHOWSKI	TWO FAMILY DWELLING - UP/DWN	$249,000	175 ft
455 GRAND AVE	455 GRAND AVE LLC	TWO FAMILY DWELLING - UP/DWN	$664,100	189 ft
417 GRAND AVE	PROFESSIONAL R E MGMT LLC	APARTMENTS 7-19 RENTAL UNITS	$1,138,100	234 ft
18 SUMMIT CT	PANTHER JUNCTION PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$896,800	240 ft
463 GRAND AVE	EMK HOLDING CO LLC	APARTMENTS 4-6 RENTAL UNITS	$518,800	276 ft

Property History

Most Recent Sale

Date2019-12-10

Price$1,090,000

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.