622 GRAND AVE

PID: 022823410069· 2 fields stubbed (see below)

Property Overview

Parcel ID022823410069

Lot Size9,148 sq ft (0.220 ac)

Lot Dimensions (est.)66 ft wide × 139 ft deep

Year Built1919

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner21COMO LLC

Assessed Value$2,532,200

Land Value$480,000

Building Value$2,052,200

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

3 permits on record since 2017 · $3K total declared value · Most recent: Oct 2021 (mechanical)

MechanicalOct 2021Inspected

$950

KEVIN VAIL Team VAil

PlumbingApr 2017Finaled

$400

BRUCE NELSON BRUCE NELSON PLBG & HTG SERVICE INC

ElectricalMar 2017Finaled

$2K

Jayson Oswald LANDMARK ELECTRIC INC

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 rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 358

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 width56 ft

Buildable depth99 ft

Area~2,744 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 2,744 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
628 GRAND AVE	GRAND AND DALE APARTMENTS LLC	APARTMENTS 20-49 RENTAL UNITS	$2,562,300	64 ft
636 GRAND AVE	GRAND AND DALE APARTMENTS LLC	APARTMENTS 20-49 RENTAL UNITS	$2,368,800	132 ft
614 GRAND AVE 2-DW	THOMAS M FAFINSKI	CONDO	$332,800	141 ft
614 GRAND AVE 3-EE	PAIGE E KIECKER	CONDO	$332,800	141 ft
614 GRAND AVE 3-FW	NINA MARY THUESON	CONDO	$332,800	141 ft
62 DALE ST S 1-BS	CHRISTINE MARY GRAF	CONDO	$321,200	141 ft
62 DALE ST S 2-DS	JOHN E MCKEEN TR CYNTHIA L MCKEEN TR	CONDO	$321,200	141 ft
614 GRAND AVE 1-AE	LAURA E MICHELSON	CONDO	$332,800	141 ft
614 GRAND AVE 2-CE	SUMMER S ALTERGOTT TR	CONDO	$332,800	141 ft
62 DALE ST S 3-EN	SHIRLEY F SAILORS	CONDO	$321,200	141 ft

Property History

Most Recent Sale

Date2021-06-09

Price$21,200,000

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.