1597 SHERWOOD AVE

PID: 222922420074· 2 fields stubbed (see below)

Property Overview

Parcel ID222922420074

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)52 ft wide × 127 ft deep

Year Built1954

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerMAI YEE LEE

Assessed Value$253,900

Land Value$35,000

Building Value$218,900

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 width42 ft

Buildable depth107 ft

Area~3,208 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 3,208 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1593 SHERWOOD AVE	DEBRA MASSMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$265,500	50 ft
1587 SHERWOOD AVE	MELVIN L PETERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$263,800	99 ft
1601 SHERWOOD AVE	DIA XIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$250,700	112 ft
1596 ARLINGTON AVE E	NAOMI E H MARTIN DUSTIN L ANDREWS	SINGLE FAMILY DWELLING, PLATTED LOT	$236,100	143 ft
1581 SHERWOOD AVE	KAU REH EI MEH	SINGLE FAMILY DWELLING, PLATTED LOT	$253,100	149 ft
1590 ARLINGTON AVE E	PHILLIP PEPERA	SINGLE FAMILY DWELLING, PLATTED LOT	$295,400	152 ft
1605 SHERWOOD AVE	LOH BO	SINGLE FAMILY DWELLING, PLATTED LOT	$277,400	162 ft
1584 ARLINGTON AVE E	LORI KAY THOMPSON	SINGLE FAMILY DWELLING, PLATTED LOT	$188,900	175 ft
1604 ARLINGTON AVE E	NORMAN COURNEYA	SINGLE FAMILY DWELLING, PLATTED LOT	$237,600	182 ft
1598 SHERWOOD AVE	LEE YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$266,100	184 ft

Property History

Most Recent Sale

Date2011-04-18

Price$100,880

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.