1412 WESTMINSTER ST

PID: 202922320007· 2 fields stubbed (see below)

Property Overview

Parcel ID202922320007

Lot Size10,019 sq ft (0.230 ac)

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

Year Built1985

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerLEE INVESTMENT GROUP LLC

Assessed Value$285,000

Land Value$25,000

Building Value$260,000

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

1 permit on record since 2017 · Most recent: Oct 2017 (building permit)

Building PermitOct 2017Finaled

—

Mr. JASON TACHENY THE ROOFING & SIDING COMPANY INC

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 width60 ft

Buildable depth30 ft

Area~3,143 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 3-story wood frame (5–12 units) benchmarks for 3,143 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1418 WESTMINSTER ST	TIMOTHY D FOGARD	SINGLE FAMILY DWELLING, PLATTED LOT	$251,600	71 ft
1408 WESTMINSTER ST	VA LY PAKHUA LY	SINGLE FAMILY DWELLING, PLATTED LOT	$238,100	94 ft
0 COTTAGE AVE E	VA LY PAKHUA LY	RESIDENTIAL, VACANT LAND, LOT	$1,100	99 ft
1426 WESTMINSTER ST	HECTOR SAUL RIVERA	SINGLE FAMILY DWELLING, PLATTED LOT	$266,100	177 ft
1411 WESTMINSTER ST	ALLEN LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$242,600	196 ft
1417 WESTMINSTER ST	VANG LEE FANG	SINGLE FAMILY DWELLING, PLATTED LOT	$207,100	201 ft
0 UNASSIGNED	CITY OF ST PAUL	EXEMPT, VACANT LAND	$19,200	209 ft
1407 WESTMINSTER ST	DALE E MILLER CHARLEEN K MILLER	SINGLE FAMILY DWELLING, PLATTED LOT	$245,500	210 ft
1390 WESTMINSTER ST	MATTHEW TATUM STEWART	SINGLE FAMILY DWELLING, PLATTED LOT	$231,100	237 ft
0 COTTAGE AVE E	TRENT NELSON	RESIDENTIAL, VACANT LAND, LOT	$1,200	244 ft

Property History

Most Recent Sale

Date2017-06-30

Price$151,000

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.