1255 WELLESLEY AVE

PID: 102823120129· 2 fields stubbed (see below)

Property Overview

Parcel ID102823120129

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 120 ft deep

Year Built1927

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerALEXANDER KAI-JAY TSAI

Assessed Value$489,200

Land Value$110,000

Building Value$379,200

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

6 permits on record since 2015 · $7K total declared value · Most recent: Sep 2023 (building permit)

Building PermitSep 2023Finaled

—

Sean Graddy SLIM AND TRIM CONSTRUCTION LLC

Building PermitSep 2018Finaled

—

LAKEWOODS REMODELING

Warm Air, Ventilation & General SheetFeb 2017Finaled

$200

Brett Severson

PlumbingFeb 2017Finaled

$200

Brett Severson

Building PermitFeb 2017Finaled

$5K

Brett Severson

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 rent1,181/mo

Renter-occupied17.0%

Median home value$358K

Vacancy rate4.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 366

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 depth100 ft

Area~2,000 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 2,000 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1251 WELLESLEY AVE	PATRICK J MCNAMARA	SINGLE FAMILY DWELLING, PLATTED LOT	$430,400	40 ft
1257 WELLESLEY AVE	KRISTINE M THORSON	SINGLE FAMILY DWELLING, PLATTED LOT	$304,400	40 ft
1261 WELLESLEY AVE	MARLYS M ST MARTIN	SINGLE FAMILY DWELLING, PLATTED LOT	$325,400	80 ft
1247 WELLESLEY AVE	DOUGLAS R ARNOLD TR MYRA J ARNOLD TR	SINGLE FAMILY DWELLING, PLATTED LOT	$475,700	100 ft
1265 WELLESLEY AVE	SCOTT MATTHEW WEBER TIFFANY ANN WEBER	SINGLE FAMILY DWELLING, PLATTED LOT	$510,900	122 ft
1254 STANFORD AVE	DANIEL S HEILMAN ANNE R HEILMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$473,600	141 ft
1250 STANFORD AVE	CRAIG G STURM HEIDI A STURM	SINGLE FAMILY DWELLING, PLATTED LOT	$349,600	146 ft
1258 STANFORD AVE	GREG PHILIP MARY LANHAM	SINGLE FAMILY DWELLING, PLATTED LOT	$367,900	146 ft
1239 WELLESLEY AVE	MARK T DELAY VERA Y DELAY	SINGLE FAMILY DWELLING, PLATTED LOT	$394,800	160 ft
1246 STANFORD AVE	KATHLEEN J REITER	SINGLE FAMILY DWELLING, PLATTED LOT	$426,000	161 ft

Property History

Most Recent Sale

Date2019-05-31

Price$366,500

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.