1540 LINCOLN AVE

PID: 032823320108· 2 fields stubbed (see below)

Property Overview

Parcel ID032823320108

Lot Size14,810 sq ft (0.340 ac)

Lot Dimensions (est.)100 ft wide × 148 ft deep

Year Built1910

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerGREGORY A FORSBERG II MOLLY FORSBERG

Assessed Value$840,600

Land Value$299,100

Building Value$541,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

16 permits on record since 2016 · $73K total declared value · Most recent: Jul 2023 (building permit)

Building PermitJul 2023Finaled

—

BRIAN McCONNELL CC: CHRIS HUGHES WALKER ROOFING COMPANY

Fire EngineeringJul 2021Finaled

—

DEAN'S TANK INC

ElectricalMay 2018Finaled

$10K

Timothy Palm PALM ELECTRIC INC

PlumbingNov 2016Finaled

$500

JEFF KLINE Practical Systems DHC Inc

MechanicalAug 2016Finaled

$2K

MICHAEL ELLIS METRO GAS INSTALLERS

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

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 width90 ft

Buildable depth128 ft

Area~10,334 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 10,334 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1550 LINCOLN AVE	TERESA A MINNI	SINGLE FAMILY DWELLING, PLATTED LOT	$518,300	75 ft
1532 LINCOLN AVE	ALEXANDER MICHAEL CATHERINE DORY BACHUR	SINGLE FAMILY DWELLING, PLATTED LOT	$1,520,600	80 ft
1554 LINCOLN AVE	PAUL W MATTESSICH TARA D MATTESSICH	SINGLE FAMILY DWELLING, PLATTED LOT	$892,500	124 ft
1528 LINCOLN AVE	LAURA J WHIPPLE KELLY PATRICK WHIPPLE	SINGLE FAMILY DWELLING, PLATTED LOT	$1,655,100	136 ft
1545 GOODRICH AVE	JARED WEISMANTEL MOLLY WEISMANTEL	SINGLE FAMILY DWELLING, PLATTED LOT	$731,900	172 ft
1539 GOODRICH AVE	JILL A BIRNBAUM RAYMOND J GIBBONS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$930,700	172 ft
1560 LINCOLN AVE	ROBERT J LUNIESKI	TWO FAMILY DWELLING - UP/DWN	$654,200	174 ft
1547 GOODRICH AVE	DONALD B COLLIER KATHLEEN M COLLIER	SINGLE FAMILY DWELLING, PLATTED LOT	$425,400	185 ft
1535 GOODRICH AVE	JEFFREY W STENDER JENNIFER L STENDER	SINGLE FAMILY DWELLING, PLATTED LOT	$748,500	186 ft
1524 LINCOLN AVE	JOHN FRITZ MOLLY KINSELLA	SINGLE FAMILY DWELLING, PLATTED LOT	$1,544,800	189 ft

Property History

Most Recent Sale

Date2016-02-29

Price$400,000

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.