1550 SUMMIT AVE

PID: 032823320072· 2 fields stubbed (see below)

Property Overview

Parcel ID032823320072

Lot Size43,996 sq ft (1.010 ac)

Lot Dimensions (est.)221 ft wide × 199 ft deep

Year Built1949

Property ClassEXEMPT PROP. OWNED BY PRIVATE SCHOOL

OwnerMACALESTER COLLEGE

Assessed Value$3,700,300

Land Value$485,100

Building Value$3,215,200

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

20 permits on record since 2015 · $989K total declared value · Most recent: May 2025 (building permit)

Building PermitMay 2025Active/Issued

$759K

BERWALD ROOFING COMPANY INC

Warm Air, Ventilation & General SheetApr 2025Active/Issued

$18K

Elizabeth Sitterley BERWALD ROOFING COMPANY INC

Warm Air, Ventilation & General SheetMay 2024Finaled

$1K

Shawn Berger METROPOLITAN MECH CONTRACTORS

Fire EngineeringMar 2024Finaled

—

BEN FRANCE SUMMIT FIRE PROTECTION

ElectricalMar 2024Active/Issued

$618

BEN FRANCE SUMMIT FIRE PROTECTION

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

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,154/mo

Renter-occupied43.2%

Median home value$467K

Vacancy rate9.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 352

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 width211 ft

Buildable depth159 ft

Area~28,804 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 28,804 sqft buildable area.

Est. units

101

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1568 SUMMIT AVE	MACALESTER COLLEGE	RESID/EXEMPT VACANT LAND	$203,100	147 ft
1549 GRAND AVE	MACALESTER COLLEGE	EXEMPT, VACANT LAND	$220,500	195 ft
1549 GRAND AVE	MACALESTER COLLEGE	EXEMPT, VACANT LAND	$220,500	199 ft
1549 GRAND AVE	MACALESTER COLLEGE	EXEMPT, VACANT LAND	$220,500	204 ft
1524 SUMMIT AVE	CITIES CHURCH	EXEMPT, CULTURAL AND NATURE EXHIBIT	$1,720,700	207 ft
1543 GRAND AVE	KEVIN RAMIREZ	SINGLE FAMILY DWELLING, PLATTED LOT	$432,500	213 ft
1561 GRAND AVE	MACALASTER COLLEGE TR	EXEMPT, VACANT LAND	$220,500	224 ft
1576 SUMMIT AVE	MACALESTER COLLEGE	RES/EXEMPT SINGLE FAMILY DWELLING	$1,086,700	232 ft
1539 GRAND AVE	HAM & BEAN PROPERTIES LLC	OFFICE BUILDING 1-2 STORIES	$514,800	237 ft
1567 GRAND AVE	MACALESTER COLLEGE	SMALL (UNDER 10,000 SF) DET. RETAIL	$1,142,000	253 ft

Property History

Most Recent Sale

Date2014-11-17

Price$4,000,000

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.