508 JEFFERSON AVE

PID: 122823230049· 2 fields stubbed (see below)

Property Overview

Parcel ID122823230049

Lot Size3,485 sq ft (0.080 ac)

Lot Dimensions (est.)63 ft wide × 56 ft deep

Year Built1900

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTIMOTHY R MATTHEES KAREN S MATTHEES

Assessed Value$300,400

Land Value$20,000

Building Value$280,400

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

1 permit on record since 2020 · $3K total declared value · Most recent: Jul 2020 (building permit)

Building PermitJul 2020Finaled

$3K

RENEWAL BY ANDERSEN 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 rent1,380/mo

Renter-occupied50.6%

Median home value$234K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 369

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 width53 ft

Buildable depth36 ft

Area~1,463 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 1,463 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
363 DUKE ST	LANCE W JANSSEN ANDREA L JANSSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$250,000	58 ft
502 JEFFERSON AVE	STEVE ADELMAN DENISE ADELMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$159,400	62 ft
520 JEFFERSON AVE	LISA L KENNEDY FRANK KENNEDY	SINGLE FAMILY DWELLING, PLATTED LOT	$430,300	91 ft
367 DUKE ST	GLEN M SCHMIDT KELSEY A SCHMIDT	SINGLE FAMILY DWELLING, PLATTED LOT	$389,100	94 ft
364 ERIE ST	JAMES SWARTWOOD	SINGLE FAMILY DWELLING, PLATTED LOT	$170,600	127 ft
368 ERIE ST	FERNANDO GARCIA	TWO FAMILY DWELLING - UP/DWN	$256,400	129 ft
369 DUKE ST	PAUL A BARD JR	SINGLE FAMILY DWELLING, PLATTED LOT	$406,600	133 ft
509 JEFFERSON AVE	STATT PROPERTIES LP	SINGLE FAMILY DWELLING, PLATTED LOT	$191,400	150 ft
372 ERIE ST	ANN M GAGNER	SINGLE FAMILY DWELLING, PLATTED LOT	$227,300	160 ft
353 DUKE ST	SHERRI A URMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$176,700	164 ft

Property History

Most Recent Sale

Date2001-06-26

Price$172,000

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.