1038 COLNE ST

PID: 262923240090· 2 fields stubbed (see below)

Property Overview

Parcel ID262923240090

Lot Size2,178 sq ft (0.050 ac)

Lot Dimensions (est.)25 ft wide × 24 ft deep

Year Built1904

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerPAYTON FORMANECK

Assessed Value$225,000

Land Value$22,400

Building Value$202,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2021 · $5K total declared value · Most recent: Aug 2022 (building permit)

Building PermitAug 2022Finaled

—

Mr MICHAEL HERRICK PROSTAR EXTERIORS LLC

ElectricalAug 2021Active/Issued

$200

Spark Electric Co

MechanicalAug 2021Finaled

$4K

TODD FERRARA STANDARD HEATING & AIR CONDITIONING INC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

District 10 Como Community Council · Saint Paul

Median reported rent927/mo

Renter-occupied28.5%

Median home value$227K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 312

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 width15 ft

Buildable depth4 ft

Area~360 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 360 sqft buildable area.

Est. units

Yield on cost

8.5%

Spread

+3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1036 COLNE ST	DOMINIC KREZOWSKI	SINGLE FAMILY DWELLING, PLATTED LOT	$357,300	37 ft
1028 COLNE ST	ERIC A BJORKLUND SHANNON L BJORKLUND	SINGLE FAMILY DWELLING, PLATTED LOT	$244,800	88 ft
1035 MILTON ST N	JOSHUA L HAYNES	SINGLE FAMILY DWELLING, PLATTED LOT	$217,700	111 ft
1024 COLNE ST	JILL M PETTIFORD	SINGLE FAMILY DWELLING, PLATTED LOT	$251,600	138 ft
1033 MILTON ST N	MICHELLE M DOUGLAS	SINGLE FAMILY DWELLING, PLATTED LOT	$200,300	139 ft
1037 COLNE ST	JILL ALANA CARR LEAH KIT KOGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$331,600	143 ft
1033 COLNE ST	VICTORIA C MARCHETTI	SINGLE FAMILY DWELLING, PLATTED LOT	$253,200	156 ft
1023 MILTON ST N	EMILY ROACH	SINGLE FAMILY DWELLING, PLATTED LOT	$257,900	175 ft
1027 COLNE ST	ERIC A BJORKLUND SHANNON L BJORKLUND	SINGLE FAMILY DWELLING, PLATTED LOT	$257,200	182 ft
1020 COLNE ST	JAMIE HESS	SINGLE FAMILY DWELLING, PLATTED LOT	$285,400	188 ft

Property History

Most Recent Sale

Date2025-10-16

Price$227,050

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.