694 GRAND AVE

PID: 022823410163· 2 fields stubbed (see below)

Property Overview

Parcel ID022823410163

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)41 ft wide × 150 ft deep

Year Built1912

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerABE APPERT

Assessed Value$738,000

Land Value$80,000

Building Value$658,000

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 2022 · $500 total declared value · Most recent: Nov 2022 (mechanical)

MechanicalNov 2022Active/Issued

$500

Jake Schanus LAKES GAS CO

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

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 width31 ft

Buildable depth110 ft

Area~6 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 6 sqft buildable area.

Est. units

Yield on cost

11.2%

Spread

+5.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
696 GRAND AVE	696 GRAND LLC	APARTMENTS 7-19 RENTAL UNITS	$675,400	40 ft
682 GRAND AVE	682 GRAND AVE LLC	APARTMENTS 20-49 RENTAL UNITS	$2,415,900	88 ft
61 ST ALBANS ST S	61 ST ALBANS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,428,500	89 ft
700 GRAND AVE 201	ELISHA ARATA	CONDO	$487,700	141 ft
700 GRAND AVE 202	JULIE MARIE ANDERSON	CONDO	$505,200	141 ft
700 GRAND AVE 203	KATSUSHI ISOGAWA REIKO GURUNG	CONDO	$506,300	141 ft
700 GRAND AVE 204	KAREN M F SCHULTZ TR	CONDO	$496,100	141 ft
700 GRAND AVE 101	GRAND 700 LLC	CONDOMINIUM OFFICE UNIT	$1,389,700	141 ft
700 GRAND AVE 205	LANCE A MENEGHELLI TR PATRICIA J MENEGHELLI TR	CONDO	$496,100	141 ft
700 GRAND AVE 206	JAN MICHAEL JONCAS	CONDO	$477,500	141 ft

Property History

Most Recent Sale

Date2014-07-03

Price$440,000

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.