740 FORSTER ST

PID: 112823430286· 2 fields stubbed (see below)

Property Overview

Parcel ID112823430286

Lot Size2,178 sq ft (0.040 ac)

Lot Dimensions (est.)37 ft wide × 59 ft deep

Year Built2002

Property ClassTOWNHOME-INNER UNIT

OwnerJOCELYN TILSEN JAMES M BOUR

Assessed Value$281,700

Land Value$50,000

Building Value$231,700

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

8 permits on record since 2017 · $23K total declared value · Most recent: Aug 2019 (building permit)

Building PermitAug 2019Finaled

—

Tara Thurber All Elements Inc

ElectricalJul 2019Finaled

$300

SUBURBAN ELECTRIC

PlumbingJul 2019Finaled

$7K

JOCINA HAMMER FIRESIDE HEARTH & HOME

Warm Air, Ventilation & General SheetJun 2019Active/Issued

$4K

RANDY JENSEN TOTAL COMFORT

Building PermitDec 2018Finaled

—

RUSCO KITCHEN REMODELERS

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 width27 ft

Buildable depth39 ft

Area~68 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 68 sqft buildable area.

Est. units

Yield on cost

13.8%

Spread

+8.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
738 FORSTER ST	SUSAN M FAILER	TOWNHOME - OUTER UNIT	$281,700	22 ft
742 FORSTER ST	DEBORAH COVINGTON	TOWNHOME-INNER UNIT	$281,700	22 ft
744 FORSTER ST	NANCY MOGREN	TOWNHOME - OUTER UNIT	$281,700	44 ft
750 FORSTER ST	LORI HUOT	SINGLE FAMILY DWELLING, PLATTED LOT	$209,100	111 ft
743 SCHEFFER AVE	TOBIAS MADDEN	TOWNHOME - OUTER UNIT	$281,700	120 ft
0 STEWART AVE	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$35,000	121 ft
745 SCHEFFER AVE	JAMES D ARMSTRONG JR TR AMBER ARMSTRONG	TOWNHOME-INNER UNIT	$281,700	132 ft
0 FORSTER ST	SCHEFFER LANE TOWNHOME ASSN	TOWNHOME - NON-TAX OUTLOT	$100	133 ft
747 SCHEFFER AVE	NATHAN ARCH NATALIE HOLMSTROM	TOWNHOME-INNER UNIT	$281,700	147 ft
749 SCHEFFER AVE	JAY DOUGLAS SCHULER	TOWNHOME - OUTER UNIT	$281,700	164 ft

Property History

Most Recent Sale

Date2006-11-30

Price$204,500

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.