473 MICHIGAN ST

PID: 012823340159· 2 fields stubbed (see below)

Property Overview

Parcel ID012823340159

Lot Size7,405 sq ft (0.180 ac)

Lot Dimensions (est.)33 ft wide × 128 ft deep

Year Built1924

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDAVIS H. JOHNSON SYDNEE C. MCKEE

Assessed Value$342,500

Land Value$40,000

Building Value$302,500

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

5 permits on record since 2015 · $60K total declared value · Most recent: Jun 2022 (electrical)

ElectricalJun 2022Finaled

$250

Jerry Becher J BECHER & ASSOC INC

Building PermitApr 2022Finaled

$57K

Doug Miller RESULTS CONTRACTING

MechanicalDec 2015Finaled

$1K

JENNA BERRETT MCQUILLAN HOME SERVICES LLC

MechanicalDec 2015Finaled

$2K

JENNA BERRETT MCQUILLAN HOME SERVICES LLC

ElectricalOct 2015Finaled

$500

HIGHLAND ELECTRIC

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 depth108 ft

Area~4,225 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 4,225 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
479 MICHIGAN ST	PETER A CASSADA ERICA M CASSADA	TWO FAMILY DWELLING - UP/DWN	$339,700	48 ft
483 MICHIGAN ST	THR PROPERTY ILLINOIS	SINGLE FAMILY DWELLING, PLATTED LOT	$233,700	85 ft
191 COLBORNE ST	GREGG J BANNIE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$298,400	105 ft
204 COLBORNE ST	JEFFREY SCOTT BRAUMBERGER TAMI BRAUMBERGER	SINGLE FAMILY DWELLING, PLATTED LOT	$258,000	119 ft
487 MICHIGAN ST	JOSHUA D LASSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$261,500	120 ft
185 COLBORNE ST	PAUL D POLTA PEGGY S HEROFF	SINGLE FAMILY DWELLING, PLATTED LOT	$272,400	158 ft
489 MICHIGAN ST	STEVEN R DROPKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$254,700	161 ft
461 MICHIGAN ST	KAREN M LINDBLOM	SINGLE FAMILY DWELLING, PLATTED LOT	$242,500	163 ft
211 COLBORNE ST	AMANDA ROSE PREISINGER	SINGLE FAMILY DWELLING, PLATTED LOT	$266,800	165 ft
196 COLBORNE ST	CORDELL W EDMUNDS ANNE C EDMUNDS	SINGLE FAMILY DWELLING, PLATTED LOT	$203,300	167 ft

Property History

Most Recent Sale

Date2023-06-30

Price$335,000

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.