1302 MISSISSIPPI ST

PID: 192922440046· 2 fields stubbed (see below)

Property Overview

Parcel ID192922440046

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)40 ft wide × 162 ft deep

Year Built2002

Property ClassTOWNHOME - OUTER UNIT

OwnerSERWAN ABDULLAH ISMAIL CHINAR FATAH

Assessed Value$158,100

Land Value$30,000

Building Value$128,100

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

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 ↗

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

Permit History

2 permits on record since 2022 · $175 total declared value · Most recent: Oct 2023 (building permit)

Building PermitOct 2023Inspected

—

Dave Lebahn Gittleman Construction

ElectricalOct 2022Active/Issued

$175

SETH HOLM HUNT ELECTRIC CORPORATION

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,148/mo

Renter-occupied57.0%

Median home value$212K

Vacancy rate6.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 306.01

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 width30 ft

Buildable depth122 ft

Area~5 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 5 sqft buildable area.

Est. units

Yield on cost

29.3%

Spread

+23.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1304 MISSISSIPPI ST	RUTH TESFAY	TOWNHOME - OUTER UNIT	$158,100	35 ft
1306 MISSISSIPPI ST	GETNET MUCHE BERHANE DABA	TOWNHOME - OUTER UNIT	$158,100	65 ft
0 HYACINTH AVE E	MISS ST HABITAT HUMANITY HOMEOWN ASSN	TOWNHOME - NON-TAX OUTLOT	$7,500	82 ft
1308 MISSISSIPPI	ANJANNETTE ALEXANDER	TOWNHOME - OUTER UNIT	$188,900	104 ft
0 MISSISSIPPI ST	MISS ST HABITAT HUMANITY HOMEOWN ASSN	TOWNHOME - NON-TAX OUTLOT	$15,000	128 ft
1285 WESTMINSTER ST	CHA WA CHA YANG PANG VOUA HANG	SINGLE FAMILY DWELLING, PLATTED LOT	$226,300	182 ft
1297 WESTMINSTER ST	TA RAY PAW TEE NAY	SINGLE FAMILY DWELLING, PLATTED LOT	$246,800	197 ft
1314 MISSISSIPPI ST	AYEHUBERHAN GEBRETSADIK LEYA KINDO	TWIN HOME	$258,600	202 ft
1312 MISSISSIPPI ST	ZEMICAEL T GEBREMESKEL TABETU GHEBREHIWOT	TWIN HOME	$255,700	211 ft
1293 WESTMINSTER ST	CHONG VANG MAI SEE LOR	SINGLE FAMILY DWELLING, PLATTED LOT	$206,500	213 ft

Property History

Most Recent Sale

Date2023-06-06

Price—

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.