2218 FALCON AVE

PID: 022822440029· 2 fields stubbed (see below)

Property Overview

Parcel ID022822440029

Lot Size8,276 sq ft (0.190 ac)

Lot Dimensions (est.)70 ft wide × 119 ft deep

Year Built1967

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerBEE S XIONG

Assessed Value$314,100

Land Value$38,700

Building Value$275,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

3 permits on record since 2022 · $59K total declared value · Most recent: Aug 2024 (building permit)

Building PermitAug 2024Inspected

$58K

Pablo Aguilar AMBIA ENERGY, LLC

ElectricalJul 2024Finaled

$2K

Pablo Aguilar AMBIA ENERGY, LLC

Building PermitNov 2022Finaled

—

MNSOTA CONSTRUCTION

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

Neighborhood Profile

Southeast Community Organization · Saint Paul

Median reported rent1,110/mo

Renter-occupied52.7%

Median home value$303K

Vacancy rate2.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 374.03

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width60 ft

Buildable depth99 ft

Area~4,960 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 4,960 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2224 FALCON AVE	GREG W URTEL	SINGLE FAMILY DWELLING, PLATTED LOT	$281,000	66 ft
2210 FALCON AVE	RHONDA JEAN QUICK	SINGLE FAMILY DWELLING, PLATTED LOT	$330,800	70 ft
2221 GLENRIDGE AVE	GILMORE HOMES LLC	TWO FAMILY DWELLING - SIDE/SIDE	$403,700	121 ft
2213 GLENRIDGE AVE	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT TWO FAM DWEL. - SIDE/SIDE	$400,700	130 ft
2230 FALCON AVE	MAI CHIE THOR	SINGLE FAMILY DWELLING, PLATTED LOT	$396,200	131 ft
2227 GLENRIDGE AVE	HAPPYHILL LLC	TWO FAMILY DWELLING - SIDE/SIDE	$454,200	140 ft
2202 FALCON AVE	NORMA C BENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$330,400	156 ft
2211 GLENRIDGE AVE	ZOU PARTNERS LLC	TWO FAMILY DWELLING - SIDE/SIDE	$404,400	165 ft
2233 GLENRIDGE AVE	ANTHONY SOBANIA	TWO FAMILY DWELLING - SIDE/SIDE	$436,400	180 ft
2215 FALCON AVE	JANTANA STAGEBERG TR	SINGLE FAMILY DWELLING, PLATTED LOT	$329,900	181 ft

Property History

Most Recent Sale

Date2013-07-03

Price$189,000

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.