506 SUMMIT AVE

PID: 012823320002· 2 fields stubbed (see below)

Property Overview

Parcel ID012823320002

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)50 ft wide × 190 ft deep

Year Built1900

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDAVID L LYNCH

Assessed Value$845,700

Land Value$238,400

Building Value$607,300

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

3 permits on record since 2019 · $13K total declared value · Most recent: Jan 2021 (electrical)

ElectricalJan 2021Finaled

$600

Charles Howard PULSE ELECTRIC INC

FenceAug 2019Finaled

$6K

TOWN & COUNTRY FENCE

Building PermitAug 2019Active/Issued

$7K

HARDLINE CONCRETE & MASONRY

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width40 ft

Buildable depth170 ft

Area~5,059 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 3-story wood frame (5–12 units) benchmarks for 5,059 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
500 SUMMIT AVE	STEPHEN ROSE KRISTEN ROSE	SINGLE FAMILY DWELLING, PLATTED LOT	$1,495,100	56 ft
516 SUMMIT AVE	BRUCE A LILY PAULA SCHAD LILY	SINGLE FAMILY DWELLING, PLATTED LOT	$1,399,400	75 ft
490 SUMMIT AVE	TAYLOR OBRIEN SHANE HUMPHREY	SINGLE FAMILY W/ACCESSORY UNIT	$1,221,800	156 ft
511 GRAND HILL	SCOTT MICHAEL FLAHERTY	SINGLE FAMILY DWELLING, PLATTED LOT	$821,300	216 ft
501 GRAND HILL	MATTHEW VAN VLEET KRISTEN VAN VLEET	SINGLE FAMILY W/ACCESSORY UNIT	$1,121,400	220 ft
513 GRAND HILL	MICHAEL LEE CISNEROS JENNIFER A SCHUMI	SINGLE FAMILY DWELLING, PLATTED LOT	$1,029,600	234 ft
489 GRAND HILL	ONE FOURTEEN DWELLING INC	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$2,712,500	263 ft
476 SUMMIT AVE	WILLIAM P ROLF	APARTMENTS 7-19 RENTAL UNITS	$1,311,900	274 ft
5 MACKUBIN ST	COMMUNITY OF RECOVERING PEOPLE	RES/EXEMPT TWO FAM DWELLING - UP/DWN	$1,140,400	275 ft
521 GRAND HILL	AMY LYNN GUTTERY TR	RESIDENTIAL, OTHER	$217,100	291 ft

Property History

Most Recent Sale

Date2017-08-31

Price$965,000

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.