986 SUMMIT AVE

PID: 022823320001· 2 fields stubbed (see below)

Property Overview

Parcel ID022823320001

Lot Size27,443 sq ft (0.640 ac)

Lot Dimensions (est.)110 ft wide × 247 ft deep

Year Built1904

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerMICHAEL F POWELL

Assessed Value$1,798,300

Land Value$423,400

Building Value$1,374,900

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

6 permits on record since 2016 · $147K total declared value · Most recent: Oct 2024 (plumbing)

PlumbingOct 2024Finaled

$2K

ERICKSON PLUMBING HEATING COOLING INC

ElectricalSep 2024Active/Issued

$4K

Wallraff Electric Company

Building PermitAug 2024Inspected

$76K

SCOTT HUBBARD ATLANTIS POOLS INC

ElectricalAug 2023Inspected

$3K

PHIL KRINKIE SNELLING CO, THE

FenceOct 2022Finaled

$50K

Michael F Powell

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

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,277/mo

Renter-occupied49.0%

Median home value$530K

Vacancy rate6.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 429

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 width100 ft

Buildable depth227 ft

Area~20,804 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 20,804 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
990 SUMMIT AVE	ST PAUL BRANCH OF AMERICAN	LODGE, HALL, PRIV/SOCIAL CLUB	$2,243,100	110 ft
976 SUMMIT AVE	GREGORY J SEIFERT SARA J SEIFERT	SINGLE FAMILY W/ACCESSORY UNIT	$1,565,000	163 ft
985 GRAND AVE	CHEROKEE STATE BANK	FULL SERVICE BANK	$2,862,900	220 ft
995 GRAND AVE	DADDERS ESTATES LLC	APARTMENTS 7-19 RENTAL UNITS	$2,285,400	231 ft
966 SUMMIT AVE	LEE J SEXTON LINDSEY C SEXTON	SINGLE FAMILY DWELLING, PLATTED LOT	$1,025,800	243 ft
36 CHATSWORTH ST S	JEFFREY A WYMORE	TWO FAMILY DWELLING - UP/DWN	$426,000	250 ft
999 GRAND AVE	PARKWAY INVESTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,066,300	252 ft
1003 GRAND AVE	1003 GRAND AVENUE LLC	APARTMENTS 4-6 RENTAL UNITS	$738,000	283 ft
1006 SUMMIT AVE	STATE OF MINNESOTA	SINGLE FAMILY W/ACCESSORY UNIT	$5,125,600	297 ft
962 SUMMIT AVE	KENNETH J COLLIER DIANE S COLLIER	SINGLE FAMILY DWELLING, PLATTED LOT	$1,706,300	303 ft

Property History

Most Recent Sale

Date2017-09-29

Price$1,585,000

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.