1940 PALACE AVE

PID: 092823230059· 2 fields stubbed (see below)

Property Overview

Parcel ID092823230059

Lot Size5,227 sq ft (0.120 ac)

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

Year Built1927

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJAMES STUART ELENA STUART

Assessed Value$549,900

Land Value$123,600

Building Value$426,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

12 permits on record since 2018 · $58K total declared value · Most recent: May 2024 (electrical)

ElectricalMay 2024Finaled

$650

DAN FOURNIER PAUL STAFFORD ELECTRIC-HVAC

ElectricalAug 2023Finaled

$300

Daniel Russek MILOW ELECTRIC INC

MechanicalAug 2023Inspected

$8K

TWIN CITY FIREPLACE & STO TWIN CITY FIREPLACE & STONE CO

Building PermitMay 2023Finaled

$4K

LEAH JOHNSON MN SOLAR

ElectricalMay 2023Finaled

$18K

MN SOLAR

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 rent1,314/mo

Renter-occupied27.9%

Median home value$453K

Vacancy rate3.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 363

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

3.0%

Spread

-2.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1944 PALACE AVE	ANN MARIE HENDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$439,500	40 ft
1950 PALACE AVE	JULIA K STADY ROBERT R STADY	SINGLE FAMILY DWELLING, PLATTED LOT	$325,400	80 ft
1938 PALACE AVE	LAWRENCE J GALLATIN COLLEEN A GALLATIN	SINGLE FAMILY DWELLING, PLATTED LOT	$574,400	106 ft
1954 PALACE AVE	MARNA J JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$288,800	120 ft
1941 JAMES AVE	KARA WEBBER BRENTON BASTIAN	SINGLE FAMILY DWELLING, PLATTED LOT	$434,000	144 ft
1934 PALACE AVE	MAUREEN BURNS	SINGLE FAMILY DWELLING, PLATTED LOT	$389,400	146 ft
1943 JAMES AVE	LAURA HESTER JOHN HESTER	SINGLE FAMILY DWELLING, PLATTED LOT	$838,200	149 ft
1945 JAMES AVE	MICHAEL WIKTOR HEATHER WIKTOR	SINGLE FAMILY DWELLING, PLATTED LOT	$499,100	164 ft
1958 PALACE AVE	MARGARET C. MCEACHRAN ZACHARY P. MCEACHRAN	SINGLE FAMILY DWELLING, PLATTED LOT	$402,200	169 ft
1937 JAMES AVE	BRIAN T WOESSNER	TWO FAMILY DWELLING - UP/DWN	$486,000	185 ft

Property History

Most Recent Sale

Date2017-07-21

Price$389,900

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.