2003 GRAND AVE

PID: 042823320030· 2 fields stubbed (see below)

Property Overview

Parcel ID042823320030

Lot Size7,405 sq ft (0.200 ac)

Lot Dimensions (est.)58 ft wide × 128 ft deep

Year Built1953

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerPERGOLA LLC

Assessed Value$1,015,400

Land Value$220,000

Building Value$795,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2015 · $9K total declared value · Most recent: Jul 2017 (building permit)

Building PermitJul 2017Finaled

$8K

PMI DIRECT LLC

PlumbingSep 2015Finaled

$1K

KIM LYALL CAPRA'S UTILITIES INC

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 rent1,151/mo

Renter-occupied43.9%

Median home value$510K

Vacancy rate22.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 349

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 width48 ft

Buildable depth88 ft

Area~1,902 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 1,902 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1997 GRAND AVE	DIANN L CLENDENING	SINGLE FAMILY DWELLING, PLATTED LOT	$311,600	53 ft
2005 GRAND AVE	SANDRA L MENSSEN TR	TOWNHOME - OUTER UNIT	$377,200	64 ft
2017 GRAND AVE	MARLENE A BARRETT	TOWNHOME - OUTER UNIT	$376,600	65 ft
2007 GRAND AVE	ELIZABETH WOLKOW	TOWNHOME-INNER UNIT	$377,200	85 ft
2019 GRAND AVE	MICHELLE GALLE	TOWNHOME-INNER UNIT	$376,600	86 ft
1995 GRAND AVE	1995 GRAND LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$419,700	98 ft
2021 GRAND AVE	KAREN C FRAASE	TOWNHOME-INNER UNIT	$376,600	106 ft
2009 GRAND AVE	MAHDAD MAJD TR CHERYL A MAJD TR	TOWNHOME-INNER UNIT	$377,200	106 ft
2011 GRAND AVE	PATRICIA D NOBREGA TR JOHN M NOBREGA TR	TOWNHOME-INNER UNIT	$377,200	126 ft
2023 GRAND AVE	GAIL J HUNT	TOWNHOME-INNER UNIT	$376,600	127 ft

Property History

Most Recent Sale

Date2015-05-28

Price$1,050,000

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.