292 BURGESS ST

PID: 252923420127· 2 fields stubbed (see below)

Property Overview

Parcel ID252923420127

Lot Size3,920 sq ft (0.090 ac)

Lot Dimensions (est.)33 ft wide × 119 ft deep

Year Built2004

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerASHIMIYU ALOWONLE

Assessed Value$275,500

Land Value$25,000

Building Value$250,500

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

North End Neighborhood Organization · Saint Paul

Median reported rent1,003/mo

Renter-occupied44.2%

Median home value$166K

Vacancy rate4.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 313

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 width23 ft

Buildable depth99 ft

Area~1,357 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 1,357 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
288 BURGESS ST	FAY M SANGSTER	SINGLE FAMILY DWELLING, PLATTED LOT	$250,500	33 ft
294 BURGESS ST	MIEN THI NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$298,600	33 ft
286 BURGESS ST	CHAU T VAN NGOC B VO	SINGLE FAMILY DWELLING, PLATTED LOT	$403,200	66 ft
298 BURGESS ST	THU KAR TRAY	TWO FAMILY DWELLING - UP/DWN	$268,900	68 ft
282 BURGESS ST	HOUSELINK LLC	TWO FAMILY DWELLING - UP/DWN	$198,200	99 ft
302 BURGESS ST	NAI MIN MIN MI BLOI CHAN	SINGLE FAMILY DWELLING, PLATTED LOT	$343,900	107 ft
278 BURGESS ST	SAIGON REAL ESTATES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$174,600	132 ft
306 BURGESS ST	EVA CORTES-SANCHEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$203,400	145 ft
291 TOPPING ST	EDDIE F HUNE CONNIE R HUNE	TWIN HOME	$256,000	145 ft
295 TOPPING ST	NALEE HER	SINGLE FAMILY DWELLING, PLATTED LOT	$208,800	149 ft

Property History

Most Recent Sale

Date2024-05-06

Price$282,000

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.