938 PALACE AVE

PID: 112823240100· 2 fields stubbed (see below)

Property Overview

Parcel ID112823240100

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 129 ft deep

Year Built1914

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerHEIDI M OSTBERG ALEXANDER T OSTBERG

Assessed Value$247,000

Land Value$40,000

Building Value$207,000

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

2 permits on record since 2017 · $9K total declared value · Most recent: Mar 2024 (building permit)

Building PermitMar 2024Finaled

$8K

INNOVATIVE BASEMENT AUTHORITY

ElectricalJun 2017Finaled

$800

Xavier Haro HARO ELECTRIC SOLUTIONS 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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 depth109 ft

Area~2,134 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 2,134 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
942 PALACE AVE	CHAD WASHENBERGER	SINGLE FAMILY DWELLING, PLATTED LOT	$280,200	40 ft
934 PALACE AVE	JS SQUARED LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$243,100	40 ft
944 PALACE AVE	CHRIS J TEGELER	SINGLE FAMILY DWELLING, PLATTED LOT	$201,600	80 ft
930 PALACE AVE	JACQUELINE M BIESZK	SINGLE FAMILY DWELLING, PLATTED LOT	$227,100	85 ft
948 PALACE AVE	ZANE GAMOKE EMILY ELSIE CHRYSLER	SINGLE FAMILY DWELLING, PLATTED LOT	$204,300	120 ft
409 MILTON ST S	BRUCE E CASTRO	SINGLE FAMILY DWELLING, PLATTED LOT	$388,700	145 ft
937 JAMES AVE	BRENNA L BARRETT	SINGLE FAMILY DWELLING, PLATTED LOT	$307,800	147 ft
935 JAMES AVE	EMMA C KOZUREK JOSEPH E WARD	SINGLE FAMILY DWELLING, PLATTED LOT	$293,400	152 ft
943 JAMES AVE	GREGORY MAUS LAURA PIENTKA	SINGLE FAMILY DWELLING, PLATTED LOT	$566,600	152 ft
952 PALACE AVE	PETER LARSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$356,700	160 ft

Property History

Most Recent Sale

Date2024-02-15

Price$229,900

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.