987 LINCOLN AVE

PID: 022823320042· 2 fields stubbed (see below)

Property Overview

Parcel ID022823320042

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)40 ft wide × 148 ft deep

Year Built1922

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerJOSEPH LARDY DANIELLE LARDY

Assessed Value$623,300

Land Value$170,800

Building Value$452,500

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

8 permits on record since 2017 · $17K total declared value · Most recent: Jul 2019 (plumbing)

PlumbingJul 2019Finaled

$500

CHAMPION PLUMBING LLC

ElectricalAug 2018Finaled

$3K

Len Reinhardt SUPREME ELECTRIC INC

ElectricalAug 2018Finaled

$3K

Len Reinhardt SUPREME ELECTRIC INC

Building PermitJun 2018Finaled

—

JOSEPH HALSTEAD ALLSTAR CONSTRUCTION COMMERCIAL OPERATING COMPANY LLC

MechanicalOct 2017Active/Issued

$3K

PHIL KRINKIE SNELLING CO, THE

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 width30 ft

Buildable depth128 ft

Area~2,643 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 2,643 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
993 LINCOLN AVE	REX L FILSTRUP	SINGLE FAMILY DWELLING, PLATTED LOT	$384,400	40 ft
983 LINCOLN AVE	FRANCES CHERNEY	TWO FAMILY DWELLING - SIDE/SIDE	$499,000	49 ft
997 LINCOLN AVE	JUSTIN L SPANIER JONNA M BJELLAND	SINGLE FAMILY DWELLING, PLATTED LOT	$473,600	81 ft
999 LINCOLN AVE	DAVID P SIMPSON CECILIA R KOTZ	SINGLE FAMILY DWELLING, PLATTED LOT	$732,400	121 ft
1005 LINCOLN AVE	022823320038	SINGLE FAMILY DWELLING, PLATTED LOT	$955,000	160 ft
975 LINCOLN AVE	WILLIAM H GILLILAND TR WILLIAM H GILLILAND LIVING TRUST	TWO FAMILY DWELLING - UP/DWN	$786,100	166 ft
986 GRAND AVE	D BURNS LLC	COMMERCIAL VACANT LAND	$240,000	171 ft
990 GRAND AVE	DADDERS ESTATES LLC	APARTMENTS 4-6 RENTAL UNITS	$570,000	177 ft
982 GRAND AVE	D BURNS LLC	AUTOMOTIVE SERVICE STATION	$1,183,800	178 ft
994 GRAND AVE	SHAWN W BENNETT	APARTMENTS 4-6 RENTAL UNITS	$738,000	190 ft

Property History

Most Recent Sale

Date2021-08-05

Price$595,000

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.