1970 PALACE AVE

PID: 092823230065· 2 fields stubbed (see below)

Property Overview

Parcel ID092823230065

Lot Size5,227 sq ft (0.120 ac)

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

Year Built1925

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJOHN KRAFT

Assessed Value$288,600

Land Value$123,600

Building Value$165,000

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

1 permit on record since 2016 · $3K total declared value · Most recent: Apr 2016 (fence)

FenceApr 2016Finaled

$3K

MIDWEST FENCE

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%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1974 PALACE AVE	LEE MAYER MEGAN MAYER	SINGLE FAMILY DWELLING, PLATTED LOT	$574,600	40 ft
1964 PALACE AVE	BARRY OKANE TR JANET VAN TASSEL TR	SINGLE FAMILY DWELLING, PLATTED LOT	$486,300	49 ft
1978 PALACE AVE	ROBERT RAINER	SINGLE FAMILY DWELLING, PLATTED LOT	$356,700	80 ft
1958 PALACE AVE	MARGARET C. MCEACHRAN ZACHARY P. MCEACHRAN	SINGLE FAMILY DWELLING, PLATTED LOT	$402,200	106 ft
1982 PALACE AVE	JAMES R KELLY	SINGLE FAMILY DWELLING, PLATTED LOT	$326,100	120 ft
1967 JAMES AVE	JOSEPH D IMHOLTE SARAH E IMHOLTE	SINGLE FAMILY DWELLING, PLATTED LOT	$465,500	144 ft
1961 JAMES AVE	PETER E NEWBURG JENNIFER J NEWBURG	SINGLE FAMILY DWELLING, PLATTED LOT	$615,200	152 ft
1954 PALACE AVE	MARNA J JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$288,800	155 ft
1975 JAMES AVE	LUANN MONICA WOLF	SINGLE FAMILY DWELLING, PLATTED LOT	$387,900	159 ft
1984 PALACE AVE	MORGAN F K CATLIN NICOLE M K CATLIN	SINGLE FAMILY DWELLING, PLATTED LOT	$809,300	160 ft

Property History

Most Recent Sale

Date2024-04-24

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.