445 GRAND AVE

PID: 012823310095· 2 fields stubbed (see below)

Property Overview

Parcel ID012823310095

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)114 ft wide × 61 ft deep

Year Built1880

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerMIRA ON GRAND LLC

Assessed Value$638,300

Land Value$80,000

Building Value$558,300

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

Building PermitOct 2019Finaled

—

PREMIERE EXTERIORS LLC

PlumbingMar 2018Finaled

$2K

JACOB REYNOLDS JAKE THE PLUMBER

Building PermitJul 2016Finaled

—

ABELS CONCRETE AND CONSTRUCTION

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 width104 ft

Buildable depth21 ft

Area~1,487 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 1,487 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
441 GRAND AVE	GULL LAKE RENTALS LLC	APARTMENTS 4-6 RENTAL UNITS	$1,013,700	55 ft
70 LAWTON ST	GRIFFIN JAMES CONWAY	SINGLE FAMILY DWELLING, PLATTED LOT	$397,400	83 ft
437 GRAND AVE	JEREMY A KEILLOR CARRIE L KEILLOR	SINGLE FAMILY DWELLING, PLATTED LOT	$493,000	109 ft
455 GRAND AVE	455 GRAND AVE LLC	TWO FAMILY DWELLING - UP/DWN	$664,100	137 ft
32 SUMMIT CT	CITY OF ST PAUL	EXEMPT, VACANT LAND	$171,800	167 ft
429 GRAND AVE	BARRY JOSEPH STAR TR ANGELA HIGBY STAR TR	APARTMENTS 7-19 RENTAL UNITS	$566,600	169 ft
463 GRAND AVE	EMK HOLDING CO LLC	APARTMENTS 4-6 RENTAL UNITS	$518,800	223 ft
423 GRAND AVE	CARYL KRUCHOWSKI	TWO FAMILY DWELLING - UP/DWN	$249,000	229 ft
480 GRAND HILL	GRETCHENLI FELLON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$3,520,200	275 ft
469 GRAND AVE	LITTLE JESSIE LLC	APARTMENTS 7-19 RENTAL UNITS	$778,000	284 ft

Property History

Most Recent Sale

Date2019-10-02

Price$695,000

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.