1361 PROSPERITY AVE

PID: 222922310054· 2 fields stubbed (see below)

Property Overview

Parcel ID222922310054

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)40 ft wide × 38 ft deep

Year Built1921

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerJUDY H JOHANSON

Assessed Value$178,400

Land Value$31,500

Building Value$146,900

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Greater East Side Community Council · Saint Paul

Median reported rent1,199/mo

Renter-occupied50.6%

Median home value$214K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 307.04

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth18 ft

Area~2,533 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 2,533 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1365 PROSPERITY AVE	DISTRICT 2 COMMUNITY COUNCIL	EXEMPT, OFFICE BUILDING	$66,100	41 ft
1355 PROSPERITY AVE	BRUCE G KRUMMEL	TWO FAMILY DWELLING - SIDE/SIDE	$222,500	42 ft
1358 BARCLAY ST	SWEET HOME SOLUTIONS LLC	TWIN HOME	$247,000	73 ft
1351 PROSPERITY AVE	LAI LLC	TWO FAMILY DWELLING - SIDE/SIDE	$291,600	82 ft
1360 BARCLAY ST	STEVEN HER	TWIN HOME	$294,800	98 ft
1362 BARCLAY ST	ELEAZAR L MONTERROSO MONTERROSO	TWIN HOME	$298,000	123 ft
1364 BARCLAY ST	MANFREDO GUDIEL MONTERROSO MONTERROSO	TWIN HOME	$270,000	148 ft
1335 PROSPERITY AVE	ECUADORIAN EXPRESS LLC	AUTOMOTIVE SERVICE STATION	$299,000	166 ft
1375 PROSPERITY AVE	GOFOUR DEVELOPMENT LLC	RESIDENTIAL, VACANT LAND, LOT	$31,500	173 ft
1366 BARCLAY ST	GRAFTED SHOOTS LLC	TWIN HOME	$270,000	173 ft

Property History

Most Recent Sale

Date1996-05-20

Price$39,900

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.