1281 PAYNE AVE

PID: 202922430043· 2 fields stubbed (see below)

Property Overview

Parcel ID202922430043

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)50 ft wide × 51 ft deep

Year Built1914

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerROGER J HALLMAN

Assessed Value$207,900

Land Value$35,000

Building Value$172,900

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 rent1,262/mo

Renter-occupied48.1%

Median home value$209K

Vacancy rate5.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 310

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 width40 ft

Buildable depth11 ft

Area~694 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 694 sqft buildable area.

Est. units

Yield on cost

4.6%

Spread

-0.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
630 HYACINTH AVE E	WILLIAM I SANTAMARIA SALGUERO VINCENTA A FUENTES REYES	SINGLE FAMILY DWELLING, PLATTED LOT	$249,700	50 ft
1275 PAYNE AVE	ZAKARIA MOHAMED	APARTMENTS 4-6 RENTAL UNITS	$539,600	50 ft
1269 PAYNE AVE	ZAKARIA MOHAMED	APARTMENTS 4-6 RENTAL UNITS	$554,200	100 ft
622 HYACINTH AVE E	TIMBER PROPERTIES LLC	APARTMENTS 7-19 RENTAL UNITS	$487,900	107 ft
1267 PAYNE AVE	JAMES INVESTMENT & RENTAL PROPERTIES LLC	APARTMENT VACANT LAND	$31,600	137 ft
1293 PAYNE AVE	SHALONDA RENEE MCALESTER	SINGLE FAMILY DWELLING, PLATTED LOT	$259,900	162 ft
623 ORANGE AVE E	XANG YANG XIA YANG	TWO FAMILY DWELLING - UP/DWN	$328,400	166 ft
1261 PAYNE AVE	JAMES INVESTMENT & RENTAL PROPERTIES LLC	MIXED RESID/COMMERCIAL	$418,200	169 ft
1286 PAYNE AVE	RICHARD PRICE RACHEL PRICE	TWO FAMILY DWELLING - UP/DWN	$241,500	176 ft
1274 PAYNE AVE	LUIS E REYES DE JESUS	SINGLE FAMILY DWELLING, PLATTED LOT	$180,500	181 ft

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.