499 HOYT AVE E

PID: 202922210133· 2 fields stubbed (see below)

Property Overview

Parcel ID202922210133

Lot Size9,583 sq ft (0.210 ac)

Lot Dimensions (est.)72 ft wide × 109 ft deep

Year Built1960

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTRAVIS G WACHTER JASMINE F WACHTER

Assessed Value$284,500

Land Value$35,000

Building Value$249,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

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

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

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width62 ft

Buildable depth89 ft

Area~5,652 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 5,652 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
505 HOYT AVE E	MELISSA PADRA XIONG	SHORT TERM RENTAL	$304,100	69 ft
1562 WHEELOCK RIDGE RD	GREGORY M CAMPION	SINGLE FAMILY DWELLING, PLATTED LOT	$277,600	100 ft
1568 WHEELOCK RIDGE RD	MWEE HEI KA TAW MOO	SINGLE FAMILY DWELLING, PLATTED LOT	$286,200	102 ft
511 HOYT AVE E	PATRICK D MACAULAY DONNA M MACAULAY	SINGLE FAMILY DWELLING, PLATTED LOT	$289,200	134 ft
500 IOWA AVE E	TSINGCHA XIONG BAO H XIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$260,600	137 ft
506 IOWA AVE E	PAO XIONG MAI XIONG LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$299,400	149 ft
504 HOYT AVE E	INTERNATIONAL HOME AND OFFICE LLC	TWO FAMILY DWELLING - SIDE/SIDE	$378,800	168 ft
1572 WHEELOCK RIDGE RD	RONALD S SCHARFE FAIEKAH SCHARFE	SINGLE FAMILY DWELLING, PLATTED LOT	$267,500	180 ft
512 IOWA AVE E	JAMES LAUREN HENRY	SINGLE FAMILY DWELLING, PLATTED LOT	$272,700	187 ft
498 HOYT AVE E	PAO HER	SINGLE FAMILY DWELLING, PLATTED LOT	$297,000	196 ft

Property History

Most Recent Sale

Date2013-09-16

Price$174,000

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.