1587 WELLESLEY AVE

PID: 092823110113· 2 fields stubbed (see below)

Property Overview

Parcel ID092823110113

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 131 ft deep

Year Built1919

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerMICHAEL T SELE C ANN SELE

Assessed Value$350,300

Land Value$92,700

Building Value$257,600

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

3 permits on record since 2016 · $2K total declared value · Most recent: Aug 2021 (electrical)

ElectricalAug 2021Finaled

$215

STEVE FRANEK Powerhouse Electric Inc

PlumbingJul 2021Finaled

$500

GREG MARTIN MN PLUMBING & HOME SERVICES INC

PlumbingSep 2016Finaled

$800

PAUL REILAND METRO HEATING AND COOLING 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 rent1,388/mo

Renter-occupied20.4%

Median home value$407K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 364

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 width30 ft

Buildable depth111 ft

Area~2,140 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 2,140 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1589 WELLESLEY AVE	ERIC L HARTZ KATHRYN S JENKINS	SINGLE FAMILY DWELLING, PLATTED LOT	$424,000	40 ft
1583 WELLESLEY AVE	MAGGIE K OYAMOT CLIFTON M OYAMOT JR	SINGLE FAMILY DWELLING, PLATTED LOT	$478,300	42 ft
1595 WELLESLEY AVE	ALISON M GLOVER JAMES K GLOVER	SINGLE FAMILY DWELLING, PLATTED LOT	$451,900	80 ft
1599 WELLESLEY AVE	KATHLENE PELLETIER	SINGLE FAMILY DWELLING, PLATTED LOT	$353,900	120 ft
1586 STANFORD AVE	WADE HAUSKEN	SINGLE FAMILY DWELLING, PLATTED LOT	$299,100	144 ft
1592 STANFORD AVE	ALISON MCMULLEN STEVEN MCMULLEN	SINGLE FAMILY DWELLING, PLATTED LOT	$378,900	149 ft
317 SNELLING AVE S	JAMES WIILIAM KOCHEVAR LAURA KOCHEVAR	SINGLE FAMILY DWELLING, PLATTED LOT	$417,000	150 ft
1605 WELLESLEY AVE	DAVID ASPENSON	SINGLE FAMILY DWELLING, PLATTED LOT	$396,700	160 ft
1594 STANFORD AVE	MICHAEL BORGERTPOEPPING TAYLOR BORGERTPOEPPING	SINGLE FAMILY DWELLING, PLATTED LOT	$454,000	165 ft
1598 STANFORD AVE	PHILIP RYAN LAUREN RYAN	SINGLE FAMILY DWELLING, PLATTED LOT	$397,300	187 ft

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.