875 PALACE AVE

PID: 112823240065· 2 fields stubbed (see below)

Property Overview

Parcel ID112823240065

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 127 ft deep

Year Built2000

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerKAREN T MADISON

Assessed Value$384,800

Land Value$40,000

Building Value$344,800

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

2 permits on record since 2024 · $16K total declared value · Most recent: Feb 2024 (mechanical)

MechanicalFeb 2024Active/Issued

$8K

Peter Bonfe BONFES PLBG & HTG INC

MechanicalFeb 2024Finaled

$8K

Peter Bonfe BONFES PLBG & HTG INC

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,333/mo

Renter-occupied46.3%

Median home value$238K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 367

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 depth107 ft

Area~2,114 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 2,114 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
879 PALACE AVE	EMILY IWUC	SINGLE FAMILY DWELLING, PLATTED LOT	$258,500	40 ft
869 PALACE AVE	PMS PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$260,700	40 ft
883 PALACE AVE	SHARON K MOORE MARKKU MAJAMAKI	SINGLE FAMILY DWELLING, PLATTED LOT	$256,700	79 ft
865 PALACE AVE	KAB KANIESS	SINGLE FAMILY DWELLING, PLATTED LOT	$240,800	80 ft
887 PALACE AVE	STEPHEN J BAUMANN LAURENE K BAUMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$300,800	119 ft
861 PALACE AVE	JANET L KOCH	SINGLE FAMILY DWELLING, PLATTED LOT	$240,500	120 ft
872 MONROE CT	JORDAN KOTZIAN	SINGLE FAMILY DWELLING, PLATTED LOT	$400,700	150 ft
878 MONROE CT	BRANDON RADDATZ DINA RADDATZ	SINGLE FAMILY DWELLING, PLATTED LOT	$295,400	153 ft
889 PALACE AVE	MAGGIE A ANDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$246,700	159 ft
888 MONROE CT	CHRISTINA EVERSON RYAN T EVERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$365,100	178 ft

Property History

Most Recent Sale

Date1997-06-30

Price$52,450

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.