1324 EDGEMONT ST

PID: 202922330034· 2 fields stubbed (see below)

Property Overview

Parcel ID202922330034

Lot Size16,988 sq ft (0.350 ac)

Lot Dimensions (est.)76 ft wide × 87 ft deep

Year Built1931

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerEFRAIN VILLEGAS TAMARA VILLEGAS

Assessed Value$204,500

Land Value$40,300

Building Value$164,200

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

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

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 width66 ft

Buildable depth47 ft

Area~5,766 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 5,766 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 ARKWRIGHT ST	DEREJE GEMEDA	RESIDENTIAL, VACANT LAND, LOT	$2,200	84 ft
1309 ARKWRIGHT ST	TXOOJ TSUAS VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$332,800	116 ft
1325 ARKWRIGHT ST	DEREJE GEMEDA	RESIDENTIAL, VACANT LAND, LOT	$38,500	124 ft
1317 ARKWRIGHT ST	KHANH NGOC HOANG TONG THANH NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$380,000	134 ft
1303 ARKWRIGHT ST	AXEL M SCHOW	SINGLE FAMILY DWELLING, PLATTED LOT	$297,300	230 ft
1337 ARKWRIGHT ST	ELARA ARKWRIGHT LLC	APARTMENTS 50-99 RENTAL UNITS	$5,473,600	269 ft
1316 WESTMINSTER ST	ZAID GHEBRESELASSIE MEWDED T GMESKEL	SINGLE FAMILY DWELLING, PLATTED LOT	$273,700	284 ft
1293 ARKWRIGHT ST	DANIOS AMOS LER LAEW	SINGLE FAMILY DWELLING, PLATTED LOT	$362,400	305 ft
1342 WESTMINSTER ST	WESTMINSTER PLACE	APT OR COMPLEX 100+ UNITS	$8,956,600	364 ft
1320 WESTMINSTER ST	SAID SAID SAHRA MOHAMED	TWIN HOME	$230,200	388 ft

Property History

Most Recent Sale

Date2007-12-20

Price$159,000

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.