1238 WELLESLEY AVE

PID: 102823120169· 2 fields stubbed (see below)

Property Overview

Parcel ID102823120169

Lot Size4,792 sq ft (0.110 ac)

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

Year Built1925

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerBENJAMIN E MAGNUSON

Assessed Value$334,900

Land Value$110,000

Building Value$224,900

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

1 permit on record since 2023 · $2K total declared value · Most recent: Jul 2023 (plumbing)

PlumbingJul 2023Finaled

$2K

BRIAN NERISON KB SERVICE CO INC

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~1,998 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 1,998 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
1242 WELLESLEY AVE	MARGARET KAY SALINAS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$660,300	40 ft
1234 WELLESLEY AVE	PETER DISTELZWEIG CHEZARAE DISTELZWEIG	SINGLE FAMILY DWELLING, PLATTED LOT	$363,500	40 ft
1230 WELLESLEY AVE	WILLIAM A WALSH CARON J BRACHE	SINGLE FAMILY DWELLING, PLATTED LOT	$299,300	80 ft
1246 WELLESLEY AVE	JANET M THORSON	SINGLE FAMILY DWELLING, PLATTED LOT	$268,100	80 ft
1226 WELLESLEY AVE	CARRIE B DAHL ERIC G MEINZ	SINGLE FAMILY DWELLING, PLATTED LOT	$356,000	120 ft
1250 WELLESLEY AVE	BETHANY C TANGUAY JOSHUA A TANGUAY	SINGLE FAMILY DWELLING, PLATTED LOT	$355,400	120 ft
1239 JEFFERSON AVE	GREG DAVENPORT JULIE DAVENPORT	SINGLE FAMILY DWELLING, PLATTED LOT	$766,300	140 ft
1235 JEFFERSON AVE	TAMMY M LAUER	SINGLE FAMILY DWELLING, PLATTED LOT	$314,100	146 ft
1241 JEFFERSON AVE	MARK DAVID DEWHURST II ANDREW TJOMSLAND	SINGLE FAMILY DWELLING, PLATTED LOT	$313,100	146 ft
1220 WELLESLEY AVE	CARLA E ZELADA DE MARSHALL TR MATTHEW W S MARSHALL TR	SINGLE FAMILY DWELLING, PLATTED LOT	$523,000	160 ft

Property History

Most Recent Sale

Date2021-07-28

Price$310,000

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.