1580 WHEELOCK LN 201

PID: 192922210127· 2 fields stubbed (see below)

Property Overview

Parcel ID192922210127

Lot Size871 sq ft (0.930 ac)

Lot Dimensions (est.)212 ft wide × 4 ft deep

Year Built1986

Property ClassCONDO

OwnerSHERRY F WILLIAMS

Assessed Value$124,300

Land Value$1,000

Building Value$123,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

North End Neighborhood Organization · Saint Paul

Median reported rent1,065/mo

Renter-occupied61.7%

Median home value$168K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 305

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width202 ft

Buildable depth0 ft

Area~26,011 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 3-story wood frame (5–12 units) benchmarks for 26,011 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value
1580 WHEELOCK LN 202	THOMAS JAMES KEIM	CONDO	$126,700
1580 WHEELOCK LN 203	MICHAEL MARCHAND MARIE MARK	CONDO	$147,200
1580 WHEELOCK LN 204	DEAN FUERSTENBERG	CONDO	$147,300
1580 WHEELOCK LN 205	TURNKEY LIVING LLC	CONDO	$126,700
1580 WHEELOCK LN 206	LYNN M BOURGOYNE	CONDO	$124,800
1580 WHEELOCK LN 103	STEPHEN C WOODWORTH	CONDO	$139,400
1580 WHEELOCK LN 302	J & B PROPERTIES LLC	CONDO	$174,200
1580 WHEELOCK LN 304	DOUGLAS RADEMACHER	CONDO	$146,600
1580 WHEELOCK LN 305	ANNA HAYNES	CONDO	$174,800
1580 WHEELOCK LN 306	JEAN M DIEKMANN	CONDO	$143,200

Property History

Most Recent Sale

Date1997-01-31

Price$46,500

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.