1602 PALACE AVE

PID: 092823140133· 2 fields stubbed (see below)

Property Overview

Parcel ID092823140133

Lot Size5,227 sq ft (0.120 ac)

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

Year Built1921

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerDARYN S LOWMAN JENNIFER A LOWMAN DAY

Assessed Value$439,200

Land Value$105,100

Building Value$334,100

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

10 permits on record since 2018 · $86K total declared value · Most recent: Apr 2022 (building permit)

Building PermitApr 2022Finaled

—

Steve Nelson PRO EXTERIORS LLC

Warm Air, Ventilation & General SheetNov 2018Finaled

$200

WJW COMPANY TWIN CITY HEATING AND AIR

ElectricalNov 2018Finaled

$450

Mr JIm Milich JM ELECTRIC LLC

PlumbingOct 2018Finaled

$5K

BRUCE NELSON BRUCE NELSON PLBG & HTG SERVICE INC

Building PermitOct 2018Finaled

$16K

David Hefner MNBR Homes

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~2,141 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 2,141 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1606 PALACE AVE	JOHN H TRADEWELL	SINGLE FAMILY DWELLING, PLATTED LOT	$410,100	40 ft
1598 PALACE AVE	KIMBERLY JEAN NASH JEREMY JONATHON NASH	SINGLE FAMILY DWELLING, PLATTED LOT	$412,600	40 ft
1610 PALACE AVE	BRANDEIS R RYAN SEAN R RYAN	SINGLE FAMILY DWELLING, PLATTED LOT	$493,700	80 ft
1614 PALACE AVE	MARY C HARENS BRIAN J HARENS	SINGLE FAMILY DWELLING, PLATTED LOT	$360,500	120 ft
1601 JAMES AVE	PAMELA MERCIER	SINGLE FAMILY DWELLING, PLATTED LOT	$388,000	144 ft
1597 JAMES AVE	JENNIFER DAWN WOODS PAUL MICHAEL WOODS	SINGLE FAMILY DWELLING, PLATTED LOT	$477,100	149 ft
1607 JAMES AVE	PETER LENZ RACHEL LENZ	SINGLE FAMILY DWELLING, PLATTED LOT	$397,900	149 ft
425 SNELLING AVE S	JAY B KELLY JR JANE M KIRBY	SINGLE FAMILY DWELLING, PLATTED LOT	$375,800	150 ft
421 SNELLING AVE S	CLARA HUGHES SWEENEY	SINGLE FAMILY DWELLING, PLATTED LOT	$413,100	155 ft
431 SNELLING AVE S	JS PIPER PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$376,400	158 ft

Property History

Most Recent Sale

Date2014-06-20

Price$248,000

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.