1498 FAIRMOUNT AVE

PID: 032823330033· 2 fields stubbed (see below)

Property Overview

Parcel ID032823330033

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 129 ft deep

Year Built1914

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDENNIS MARTIN GERHARDSTEIN

Assessed Value$476,800

Land Value$126,000

Building Value$350,800

Annual Tax—(stub)

Environmental Constraints

FloodplainUnknown

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

2 permits on record since 2016 · $500 total declared value · Most recent: May 2016 (building permit)

Building PermitMay 2016Active/Issued

—

MON RAY INC

PlumbingJan 2016Finaled

$500

CHAMPION PLUMBING LLC

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

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 depth109 ft

Area~2,239 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 2,239 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1500 FAIRMOUNT AVE	GEORGE W YOSHIDA TR SUSAN A YOSHIDA TR	SINGLE FAMILY DWELLING, PLATTED LOT	$386,600	40 ft
1494 FAIRMOUNT AVE	SARAH M TOBIASON STEFAN A SHEPHERD	SINGLE FAMILY DWELLING, PLATTED LOT	$581,600	40 ft
1504 FAIRMOUNT AVE	CHRISTINA KORNEV ALEXEI KORNEV	SINGLE FAMILY DWELLING, PLATTED LOT	$503,800	80 ft
1490 FAIRMOUNT AVE	MELISSA L MOE	SINGLE FAMILY DWELLING, PLATTED LOT	$478,700	80 ft
1508 FAIRMOUNT AVE	BRAD MATTHEW RYAN ROBERT TIMOTHY CARWOOD	SINGLE FAMILY DWELLING, PLATTED LOT	$595,500	120 ft
1486 FAIRMOUNT AVE	JOSEPH W SCHWARZ NANCY SCHWARZ	SINGLE FAMILY DWELLING, PLATTED LOT	$336,700	120 ft
1499 OSCEOLA AVE	NANCY J WIENS TR RICHARD C NELSON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$471,200	138 ft
1495 OSCEOLA AVE	KATHERINE E SCHILLING	SINGLE FAMILY DWELLING, PLATTED LOT	$401,000	144 ft
1501 OSCEOLA AVE	MARK R JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$328,500	144 ft
1480 FAIRMOUNT AVE	JORDAN VOIT ALISE VOIT	SINGLE FAMILY DWELLING, PLATTED LOT	$422,900	160 ft

Property History

Most Recent Sale

Date2023-07-12

Price—

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.