896 PALACE AVE

PID: 112823240214· 2 fields stubbed (see below)

Property Overview

Parcel ID112823240214

Lot Size5,227 sq ft (0.120 ac)

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

Year Built2021

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerKOFI ASAMOAH

Assessed Value$607,200

Land Value$40,000

Building Value$567,200

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

12 permits on record since 2021 · $313K total declared value · Most recent: Sep 2024 (fence)

FenceSep 2024Finaled

$9K

TOP RAIL FENCE ST PAUL

Warm Air, Ventilation & General SheetMar 2022Finaled

$200

JEFF HANSEN HANSEN PLUMBING

MechanicalDec 2021Finaled

$350

RICK BINDER BINDER HEATING & A/C INC

ElectricalSep 2021Finaled

$14K

Mr. CHRISTOPHER BRUNSOMAN CHRIS ELECTRIC INC

Warm Air, Ventilation & General SheetSep 2021Finaled

$2K

RASHAD KENNEDY KENNEDY PROPERTY DEVELOPMENT LLC

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~2,160 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 2,160 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
900 PALACE AVE	ALLAN TORKELSON DYLAN LUNDSTEN	SINGLE FAMILY DWELLING, PLATTED LOT	$319,700	40 ft
894 PALACE AVE	JACQUELINE R TURNBLOOM PAUL S TURNBLOOM	SINGLE FAMILY DWELLING, PLATTED LOT	$297,600	40 ft
904 PALACE AVE	ALLEN L SIPE SR JOANNE M SIPE	SINGLE FAMILY DWELLING, PLATTED LOT	$242,800	80 ft
890 PALACE AVE	PAUL STORCH	SINGLE FAMILY DWELLING, PLATTED LOT	$351,900	80 ft
886 PALACE AVE	ALLISON M TIGHE	SINGLE FAMILY DWELLING, PLATTED LOT	$320,900	120 ft
910 PALACE AVE	BRIAN C FREBERG	SINGLE FAMILY DWELLING, PLATTED LOT	$164,400	120 ft
897 JAMES AVE	TIMOTHY J TACKETT ALEXANDRA M BELL	SINGLE FAMILY DWELLING, PLATTED LOT	$299,100	147 ft
903 JAMES AVE	ROBERT J KREJCE KATHLEEN M KREJCE	SINGLE FAMILY DWELLING, PLATTED LOT	$290,000	152 ft
895 JAMES AVE	JEANNE J MORGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$255,600	153 ft
882 PALACE AVE	DAVID STROHKIRCH	SINGLE FAMILY DWELLING, PLATTED LOT	$458,000	160 ft

Property History

Most Recent Sale

Date2024-09-17

Price$620,000

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.