623 LAUREL AVE

PID: 022823110281· 2 fields stubbed (see below)

Property Overview

Parcel ID022823110281

Lot Size13,068 sq ft (0.310 ac)

Lot Dimensions (est.)121 ft wide × 108 ft deep

Year Built1899

Property ClassAPARTMENTS 7-19 RENTAL UNITS

Owner623 PERGOLA LLC

Assessed Value$1,931,800

Land Value$340,000

Building Value$1,591,800

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

1 permit on record since 2015 · Most recent: Aug 2015 (building permit)

Building PermitAug 2015Active/Issued

—

KEVIN HAUGTVEDT A PLUS WINDOWS

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

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,172/mo

Renter-occupied59.0%

Median home value$399K

Vacancy rate4.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 355

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 width111 ft

Buildable depth68 ft

Area~5,647 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 5,647 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
633 LAUREL AVE	JOHN C FROHLING	SINGLE FAMILY DWELLING, PLATTED LOT	$538,400	80 ft
637 LAUREL AVE	WILLIAM S WALKER	TWO FAMILY DWELLING - UP/DWN	$380,600	120 ft
630 HAGUE AVE	MISSISSIPPI MKT COOP INC	COMMERCIAL VACANT LAND	$193,600	131 ft
124 DALE ST N	RICHARD PEARCE	APARTMENTS 4-6 RENTAL UNITS	$544,400	158 ft
643 LAUREL AVE	CARL D CHRISTENSEN	TWO FAMILY DWELLING - UP/DWN	$404,500	159 ft
118 DALE ST N	TRAI NGUYEN	TWO FAMILY DWELLING - UP/DWN	$293,600	176 ft
638 HAGUE AVE	JILLIAN L KOBILKA BRENDEN G GILLIES	TWO FAMILY DWELLING - UP/DWN	$385,900	177 ft
630 LAUREL AVE	ANTIOCH CHRISTIAN CENTER	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$504,800	178 ft
0 LAUREL AVE	ANTIOCH CHRISTIAN CENTER	EXEMPT, VACANT LAND	$43,100	194 ft
645 LAUREL AVE	TYLER KASHDAN LINDSAY KASHDAN	SINGLE FAMILY DWELLING, PLATTED LOT	$520,000	199 ft

Property History

Most Recent Sale

Date2012-12-31

Price$990,000

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.