496 BAY ST

PID: 112823410040· 2 fields stubbed (see below)

Property Overview

Parcel ID112823410040

Lot Size4,792 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 41 ft deep

Year Built1908

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

Owner2015 3 IH2 BORROWER LP

Assessed Value$263,900

Land Value$40,000

Building Value$223,900

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 2021 · $695 total declared value · Most recent: Mar 2024 (building permit)

Building PermitMar 2024Inspected

—

RITE-WAY WATERPROOFING

ElectricalSep 2021Finaled

$695

NILLES BUILDERS 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 rent1,036/mo

Renter-occupied18.0%

Median home value$258K

Vacancy rate7.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 368

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 depth21 ft

Area~2,202 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 2,202 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
500 BAY ST	EMILY MATEO RANDALL A MATEO	SINGLE FAMILY DWELLING, PLATTED LOT	$216,100	45 ft
504 BAY ST	JARON MCDANIEL	SINGLE FAMILY DWELLING, PLATTED LOT	$266,000	79 ft
726 RANDOLPH AVE	KEITH EKLUND	SINGLE FAMILY DWELLING, PLATTED LOT	$278,200	81 ft
720 RANDOLPH AVE	ALEX PLAGGE	SINGLE FAMILY DWELLING, PLATTED LOT	$308,600	87 ft
492 BAY ST	KEITH EKLUND	RESIDENTIAL, VACANT LAND, LOT	$20,000	92 ft
712 RANDOLPH AVE	DANIEL NEEDHAM	TWO FAMILY DWELLING - UP/DWN	$259,400	103 ft
510 BAY ST	LISA LAWRENCE	SINGLE FAMILY DWELLING, PLATTED LOT	$215,700	117 ft
708 RANDOLPH AVE	NICOLE LEARY	TWO FAMILY DWELLING - UP/DWN	$374,900	155 ft
512 BAY ST	LENARD REINHARDT ELIZABETH REINHARDT	TWO FAMILY DWELLING - UP/DWN	$268,700	158 ft
487 BAY ST	TIMOTHY STOORZA ALEXIS STOORZA	SINGLE FAMILY DWELLING, PLATTED LOT	$211,100	174 ft

Property History

Most Recent Sale

Date2013-07-05

Price$161,100

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.