568 GRAND AVE

PID: 012823320058· 2 fields stubbed (see below)

Property Overview

Parcel ID012823320058

Lot Size10,454 sq ft (0.250 ac)

Lot Dimensions (est.)100 ft wide × 67 ft deep

Year Built1912

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerMICHAEL E GIBBA ELIZABETH M GIBBA

Assessed Value$642,600

Land Value$113,200

Building Value$529,400

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

9 permits on record since 2016 · $29K total declared value · Most recent: Jul 2018 (mechanical)

MechanicalJul 2018Active/Issued

$2K

BOYS MECHANICAL INC SERVICE TODAY

ElectricalJul 2018Active/Issued

$500

Summer Cordero Boys Electric LLC

Elevating DeviceJan 2018Finaled

$2K

OCEL BUILDERS INC

Elevating DeviceJan 2018Finaled

$3K

OCEL BUILDERS INC

ElectricalJan 2018Finaled

$6K

RELIANT ELECTRIC INC dba: EARLYBIRD ELECTRIC

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 width90 ft

Buildable depth27 ft

Area~3,708 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 3-story wood frame (5–12 units) benchmarks for 3,708 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
543 LINCOLN AVE	JAMES VON GELDERN TR MONICA NEDELCU ERICKSON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$804,100	73 ft
576 GRAND AVE	OAKDALE APTS-576-78 GRAND AVE LLC	APARTMENTS 7-19 RENTAL UNITS	$923,700	96 ft
580 GRAND AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 4-6 RENTAL UNITS	$510,900	144 ft
567 LINCOLN AVE	ERIC NEWMAN SHAWNA NEWMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$800,100	175 ft
569 GRAND AVE	COMMUNITY OF RECOVERING PEOPLE INC	RES/EXEMPT TWO FAM DWEL. - SIDE/SIDE	$621,000	194 ft
11 HEATHER PL	VALERIE D JOHNSON KRISTINE SZCZECH	SINGLE FAMILY DWELLING, PLATTED LOT	$1,116,000	206 ft
575 GRAND AVE	LUCAS RONALD HUSS RACHEL ATHENA VOUK	TWO FAMILY DWELLING - SIDE/SIDE	$522,900	235 ft
577 LINCOLN AVE	JOHN OSBORN AMY ANDERSON	CONDO	$622,200	236 ft
575 LINCOLN AVE	MARY LOUISE IMM TR	CONDO	$544,300	236 ft
588 GRAND AVE	WOMENS ADVOCATES	EXEMPT, WELFARE/CHARIT FACILITY	$1,953,600	242 ft

Property History

Most Recent Sale

Date2016-04-15

Price$446,000

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.