16 IRVINE PARK 16B

PID: 062822230072· 2 fields stubbed (see below)

Property Overview

Parcel ID062822230072

Lot Size1,307 sq ft (0.800 ac)

Lot Dimensions (est.)230 ft wide × 6 ft deep

Year Built1978

Property ClassTOWNHOME - TICO

OwnerWILLIAM F MCMAHON CAROLYN YOUNG

Assessed Value$276,400

Land Value$50,000

Building Value$226,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2021 · $2K total declared value · Most recent: Feb 2021 (plumbing)

PlumbingFeb 2021Finaled

$2K

DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

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 width220 ft

Buildable depth0 ft

Area~21,195 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 21,195 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value
10 IRVINE PARK 10A	HANNAH CAMPBELL	TOWNHOME - TICO	$266,900
12 IRVINE PARK 12A	NEAL V JUSTIN	TOWNHOME - TICO	$259,000
9 IRVINE PARK 9B	ANDREW HUTH	TOWNHOME - TICO	$272,300
11 IRVINE PARK 11-A	DIANE MOORE	TOWNHOME - TICO	$266,900
14 IRVINE PARK 14A	MATTHEW C HOTTINGER	TOWNHOME - TICO	$266,900
15 IRVINE PARK 15-A	JAMES H ART	TOWNHOME - TICO	$266,900
16 IRVINE PARK 16A	MICHAEL CASSIDY LAURIE CASSIDY	TOWNHOME - TICO	$259,000
9 IRVINE PARK 9A	SARAH G MURRAY TR	TOWNHOME - TICO	$263,000
13 IRVINE PARK 13A	PATRICK R BAUMGARTNER	TOWNHOME - TICO	$259,000
12 IRVINE PARK 12B	R ELI BOYUM	TOWNHOME - TICO	$272,300

Property History

Most Recent Sale

Date2021-05-27

Price$325,000

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.