487 MICHIGAN ST

PID: 012823340156· 2 fields stubbed (see below)

Property Overview

Parcel ID012823340156

Lot Size4,356 sq ft (0.100 ac)

Lot Dimensions (est.)33 ft wide × 129 ft deep

Year Built1890

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJOSHUA D LASSEN

Assessed Value$261,500

Land Value$40,000

Building Value$221,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2017 · $6K total declared value · Most recent: Aug 2021 (fence)

FenceAug 2021Finaled

$6K

MIDWEST FENCE

Building PermitAug 2017Finaled

—

JAMIE JANSKI HOME PRO AMERICA LLC

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,380/mo

Renter-occupied50.6%

Median home value$234K

Vacancy rate7.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 369

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 width23 ft

Buildable depth109 ft

Area~1,462 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 1,462 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
483 MICHIGAN ST	THR PROPERTY ILLINOIS	SINGLE FAMILY DWELLING, PLATTED LOT	$233,700	35 ft
489 MICHIGAN ST	STEVEN R DROPKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$254,700	42 ft
479 MICHIGAN ST	PETER A CASSADA ERICA M CASSADA	TWO FAMILY DWELLING - UP/DWN	$339,700	72 ft
202 DUKE ST	SELEINE RAASCH TR	SINGLE FAMILY DWELLING, PLATTED LOT	$263,900	91 ft
190 DUKE ST	JOHN A MARZITELLI KATHLEEN J MARZITELLI	SINGLE FAMILY DWELLING, PLATTED LOT	$252,100	110 ft
473 MICHIGAN ST	DAVIS H. JOHNSON SYDNEE C. MCKEE	SINGLE FAMILY DWELLING, PLATTED LOT	$342,500	120 ft
191 COLBORNE ST	GREGG J BANNIE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$298,400	128 ft
184 DUKE ST	SUZANNE MARIE HORVATH	SINGLE FAMILY DWELLING, PLATTED LOT	$258,400	161 ft
486 MICHIGAN ST	STEVEN R DROPKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$237,200	166 ft
185 COLBORNE ST	PAUL D POLTA PEGGY S HEROFF	SINGLE FAMILY DWELLING, PLATTED LOT	$272,400	174 ft

Property History

Most Recent Sale

Date2024-02-29

Price$244,900

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.