1377 ARKWRIGHT ST

PID: 202922320022· 2 fields stubbed (see below)

Property Overview

Parcel ID202922320022

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)57 ft wide × 57 ft deep

Year Built1979

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerHENRY BUI

Assessed Value$259,300

Land Value$35,000

Building Value$224,300

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

2 permits on record since 2016 · $3K total declared value · Most recent: Apr 2018 (electrical)

ElectricalApr 2018Finaled

$225

CROCUS HILL ELECTRIC CO

Building PermitOct 2016Finaled

$3K

Henry Bui

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 width47 ft

Buildable depth17 ft

Area~1,007 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 sfr / adu benchmarks for 1,007 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1373 ARKWRIGHT ST	JEANNINE X THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$452,000	110 ft
1365 ARKWRIGHT ST 105	PATHER POTTER XIONG	CONDO	$71,900	183 ft
1365 ARKWRIGHT ST 104	ANNE T CRAIGMYLE	CONDO	$71,900	183 ft
1365 ARKWRIGHT ST 205	OLUFUNMILADE AKINMUSIRE	CONDO	$71,900	183 ft
1365 ARKWRIGHT ST 204	BRUCE JOHNSON	CONDO	$71,900	183 ft
1365 ARKWRIGHT ST 103	TAN TRI NGUYEN	CONDO	$60,100	183 ft
1365 ARKWRIGHT ST 101	PATHER POTTER XIONG	CONDO	$61,200	183 ft
1365 ARKWRIGHT ST 201	ASHREF MOHAMED ABDALLA	CONDO	$61,200	183 ft
1365 ARKWRIGHT ST 202	FIDUCIARY FOUNDATION LLC	CONDO	$77,700	183 ft
1365 ARKWRIGHT ST 107	PYOTR VLASYUK	CONDO	$71,900	183 ft

Property History

Most Recent Sale

Date2011-07-08

Price$75,000

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.