1620 WESTMINSTER ST

PID: 202922220085· 2 fields stubbed (see below)

Property Overview

Parcel ID202922220085

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)70 ft wide × 71 ft deep

Year Built1919

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerCOLTON SCHERER

Assessed Value$229,000

Land Value$35,000

Building Value$194,000

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 2018 · $200 total declared value · Most recent: Aug 2020 (electrical)

ElectricalAug 2020Finaled

$200

LIVE WIRE ELECTRICAL SERVICES LLC

Building PermitJul 2018Finaled

—

JACKSON & ASSOCIATES LLC

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

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 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 width60 ft

Buildable depth31 ft

Area~2,815 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 2,815 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
1628 WESTMINSTER ST	XAY KOUA VANG DAVID VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$303,600	83 ft
1611 EDGEMONT ST	EAST IDAHO HOUSING LTD PTNSHP	APARTMENTS 7-19 RENTAL UNITS	$2,059,700	112 ft
354 WHEELOCK PKWY E	LER MOO KAWKHEELAR HSA MOO	SINGLE FAMILY DWELLING, PLATTED LOT	$289,300	145 ft
344 WHEELOCK PKWY E	KAY REH BOH MEH	SINGLE FAMILY DWELLING, PLATTED LOT	$290,800	170 ft
1615 WESTMINSTER ST 4	JIAH LEE MOUA	APARTMENTS 4-6 RENTAL UNITS	$497,500	189 ft
1611 WESTMINSTER ST	MEME & ZEZE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$236,600	200 ft
360 WHEELOCK PKWY E	AMY HER	TWO FAMILY DWELLING - UP/DWN	$330,900	204 ft
1621 WESTMINSTER ST	THA SUE MOO MA THAR	SINGLE FAMILY DWELLING, PLATTED LOT	$264,400	206 ft
330 WHEELOCK PKWY E	MARY A DEMAIO	SINGLE FAMILY DWELLING, PLATTED LOT	$213,700	218 ft
1605 WESTMINSTER ST	DAO VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$261,500	226 ft

Property History

Most Recent Sale

Date2015-06-05

Price$128,000

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.