425 SMITH AVE N

PID: 012823410139· 2 fields stubbed (see below)

Property Overview

Parcel ID012823410139

Lot Size2,178 sq ft (0.060 ac)

Lot Dimensions (est.)42 ft wide × 41 ft deep

Year Built1885

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerRYAN LOFTSGAARDEN JASON HUNEKE

Assessed Value$298,000

Land Value$20,000

Building Value$278,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

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 width32 ft

Buildable depth21 ft

Area~841 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 841 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
431 SMITH AVE N	ROBERT L BROWN CONNIE WARN	SINGLE FAMILY DWELLING, PLATTED LOT	$195,300	44 ft
433 SMITH AVE N	JAMES J FISHBECK	SINGLE FAMILY DWELLING, PLATTED LOT	$338,100	107 ft
400 7TH ST W	CITY OF ST PAUL REAL ESTATE	EXEMPT, VACANT LAND	$58,800	117 ft
424 SMITH AVE N	424 SMITH LLC	APARTMENTS 7-19 RENTAL UNITS	$737,200	122 ft
234 MCBOAL ST	414 INDUSTRIAL LLC	RESTAURANT AND/OR BAR	$1,531,800	140 ft
212 MCBOAL ST	ROCKBRIDGE GROUP LLC	THREE FAMILY DWELLING, PLATTED LOT	$333,300	173 ft
436 SMITH AVE N	ALEXANDER LINDSAY	SINGLE FAMILY DWELLING, PLATTED LOT	$1,059,000	186 ft
445 SMITH AVE N	STONE SALOON PROPERTIES LLC	RESTAURANT AND/OR BAR	$548,300	221 ft
208 MCBOAL ST	NATHANAEL PAUL PATRIN DAVID BRUCE RICH	THREE FAMILY DWELLING, PLATTED LOT	$447,900	231 ft
444 SMITH AVE N	CHARLES KOBETT LENA-ANDERA KOBETT	SINGLE FAMILY DWELLING, PLATTED LOT	$211,600	234 ft

Property History

Most Recent Sale

Date2016-10-19

Price$100,000

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.