1243 PALACE AVE

PID: 102823130160· 2 fields stubbed (see below)

Property Overview

Parcel ID102823130160

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)45 ft wide × 126 ft deep

Year Built1934

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerBRITTANY PAROTTI MICHAEL PAROTTI

Assessed Value$305,100

Land Value$123,400

Building Value$181,700

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 2020 · $10K total declared value · Most recent: Sep 2024 (fence)

FenceSep 2024Finaled

$3K

Brittany Parotti

MechanicalJul 2021Finaled

$4K

PHIL KRINKIE SNELLING CO, THE

ElectricalJul 2021Finaled

$500

PHIL KRINKIE SNELLING CO, THE

Warm Air, Ventilation & General SheetApr 2021Finaled

$2K

JOHN DALY MIDWEST RADON

ElectricalJan 2021Finaled

$350

4FRONT ENERGY SOLUTIONS INC ELECTRIC CITY CORPORATION

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 width35 ft

Buildable depth106 ft

Area~2,619 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 2,619 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1239 PALACE AVE	TED A LOVEC	SINGLE FAMILY DWELLING, PLATTED LOT	$637,100	47 ft
1249 PALACE AVE	MAST PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$372,100	50 ft
1233 PALACE AVE	GREGORY MACHTEMES INA EDMINSTER	SINGLE FAMILY DWELLING, PLATTED LOT	$346,100	97 ft
1253 PALACE AVE	MARSHA P LYNCH	SINGLE FAMILY DWELLING, PLATTED LOT	$476,900	102 ft
1240 JULIET AVE	PAUL W HARSTAD NATTAMON HARSTAD	SINGLE FAMILY DWELLING, PLATTED LOT	$791,100	145 ft
1229 PALACE AVE	SHERRI JEAN LACASSE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$408,400	147 ft
1236 JULIET AVE	ALLISON STANKE JAMES STANKE	SINGLE FAMILY DWELLING, PLATTED LOT	$301,900	153 ft
1257 PALACE AVE	MICHAEL L REIMANN	TWO FAMILY DWELLING - UP/DWN	$362,200	154 ft
1246 JULIET AVE	EMILY AUTUMN	SINGLE FAMILY DWELLING, PLATTED LOT	$256,600	155 ft
1252 JULIET AVE	SARAH M SHOEMAKER	SINGLE FAMILY DWELLING, PLATTED LOT	$340,200	178 ft

Property History

Most Recent Sale

Date2020-12-04

Price$270,000

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.