562 LINCOLN AVE

PID: 012823320112· 2 fields stubbed (see below)

Property Overview

Parcel ID012823320112

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)50 ft wide × 54 ft deep

Year Built1884

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerSTEVEN A GROTENHUIS CATHERINE DENISON GROTENHUIS

Assessed Value$669,800

Land Value$183,800

Building Value$486,000

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

10 permits on record since 2016 · $32K total declared value · Most recent: Oct 2020 (mechanical)

MechanicalOct 2020Inspected

$2K

TWIN CITY FIREPLACE & STO TWIN CITY FIREPLACE & STONE CO

ElectricalJan 2020Finaled

$50

Steven A Grotenhuis

Warm Air, Ventilation & General SheetDec 2018Finaled

$500

DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG

MechanicalDec 2018Finaled

$2K

DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG

Building PermitSep 2017Finaled

$2K

Steven A Grotenhuis

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 width40 ft

Buildable depth14 ft

Area~796 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 796 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
558 LINCOLN AVE	JOHN GALARNEAULT	SINGLE FAMILY DWELLING, PLATTED LOT	$913,700	50 ft
0 OAKLAND AVE	WOLKOWICZ FAMILY LMTD PRTNRSHP	RESIDENTIAL, VACANT LAND, LOT	$187,000	100 ft
572 LINCOLN AVE	LINCOLN OAKS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,844,700	118 ft
542 LINCOLN AVE	WOLKOWICZ FAMILY LMTD PRTNRSHP	APARTMENTS 20-49 RENTAL UNITS	$3,278,400	144 ft
567 LINCOLN AVE	ERIC NEWMAN SHAWNA NEWMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$800,100	160 ft
575 LINCOLN AVE	MARY LOUISE IMM TR	CONDO	$544,300	190 ft
577 LINCOLN AVE	JOHN OSBORN AMY ANDERSON	CONDO	$622,200	190 ft
576 LINCOLN AVE	JOSHUA B COLTON LISSA N CHIPECO COLTON	SINGLE FAMILY W/ACCESSORY UNIT	$1,158,200	196 ft
579 LINCOLN AVE	CHARLES M MORROW ELLEN LL MORROW	SINGLE FAMILY DWELLING, PLATTED LOT	$599,900	225 ft
5 CROCUS HILL	LYNDA BISANZ ROBERT BISANZ	SINGLE FAMILY DWELLING, PLATTED LOT	$1,166,900	230 ft

Property History

Most Recent Sale

Date2001-05-31

Price$266,000

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.