623 GERANIUM AVE E

PID: 292922120138· 2 fields stubbed (see below)

Property Overview

Parcel ID292922120138

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)50 ft wide × 123 ft deep

Year Built1919

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerALFREDO G CAYETANO CORAZON R CAYETANO

Assessed Value$235,200

Land Value$25,000

Building Value$210,200

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

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width40 ft

Buildable depth103 ft

Area~2,998 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 2,998 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
617 GERANIUM AVE E	DANIEL G. JOYCE GLYNIS C. SHEA	SINGLE FAMILY DWELLING, PLATTED LOT	$241,100	47 ft
611 GERANIUM AVE E	REINHOLD GUTHMILLER LORRAINE GUTHMILLER	SINGLE FAMILY DWELLING, PLATTED LOT	$238,300	90 ft
1143 PAYNE AVE	ALFREDO G CAYETANO CORAZON R CAYETANO	DRIVE-IN REST/FOOD SRV FACILITY	$203,600	100 ft
1149 PAYNE AVE	FRONK REAL ESTATE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$171,500	101 ft
0 PAYNE AVE	ALFREDO G CAYETANO CORAZON R CAYETANO	COMMERCIAL VACANT LAND	$41,800	108 ft
1153 PAYNE AVE	CARLOS A MOROCHO SANTANDER	SINGLE FAMILY DWELLING, PLATTED LOT	$219,300	113 ft
609 GERANIUM AVE E	ADAM EICHTEN	SINGLE FAMILY DWELLING, PLATTED LOT	$225,600	132 ft
624 ROSE AVE E	ALAN HAUGEN	SINGLE FAMILY DWELLING, PLATTED LOT	$210,300	142 ft
1155 PAYNE AVE	FELICE V WIENER DARRYL K MOORE	SINGLE FAMILY DWELLING, PLATTED LOT	$200,700	144 ft
620 ROSE AVE E	JOHN L SOWIEJA	SHORT TERM RENTAL	$214,100	145 ft

Property History

Most Recent Sale

Date2005-04-22

Price$180,000

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.