1240 WATSON AVE

PID: 102823420161· 2 fields stubbed (see below)

Property Overview

Parcel ID102823420161

Lot Size4,792 sq ft (0.110 ac)

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

Year Built1924

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerCATHERINE ANN A ERICKSON RICHARD T ERICKSON

Assessed Value$543,200

Land Value$122,400

Building Value$420,800

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

3 permits on record since 2017 · $2K total declared value · Most recent: Dec 2024 (electrical)

ElectricalDec 2024Finaled

$450

STABNER ELECTRIC LLC

Building PermitAug 2023Finaled

—

Jake Thompson VIKING CONTRACTORS LLC

Building PermitDec 2017Finaled

$1K

Daniel J Bartel

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Highland District 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~2,088 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 2,088 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
1244 WATSON AVE	MATTHEW ALAN RYG LYNDSEY HANSON	SINGLE FAMILY DWELLING, PLATTED LOT	$372,700	40 ft
1238 WATSON AVE	CARMEN MICKLE SAMUEL MICKLE	SINGLE FAMILY DWELLING, PLATTED LOT	$358,200	40 ft
1248 WATSON AVE	BENJAMIN JOSEPH ENGELKING SKOGSBERG AMBER CHRISTINE SKOGSBERG	SINGLE FAMILY DWELLING, PLATTED LOT	$301,800	80 ft
1234 WATSON AVE	CAMILLE CUSHNIE ADRIANA CUSHNIE	SINGLE FAMILY DWELLING, PLATTED LOT	$374,900	80 ft
1252 WATSON AVE	CECILIA W HOLDER CECILIA W HOLDER TR	SINGLE FAMILY DWELLING, PLATTED LOT	$482,700	119 ft
1230 WATSON AVE	SUZANNE J WICKHAM	SINGLE FAMILY DWELLING, PLATTED LOT	$414,800	119 ft
1243 HARTFORD AVE	HANNAH LIEBERMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$350,400	146 ft
1237 HARTFORD AVE	SHERYL S FRANKEL	SINGLE FAMILY DWELLING, PLATTED LOT	$351,700	151 ft
1249 HARTFORD AVE	TYLER CRUEY JENNIFER R CONGDON	SINGLE FAMILY DWELLING, PLATTED LOT	$321,000	151 ft
1256 WATSON AVE	JOSHUA D R NORTHEY EMILY J R NORTHEY	SINGLE FAMILY DWELLING, PLATTED LOT	$353,300	159 ft

Property History

Most Recent Sale

Date2024-11-06

Price$557,000

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.