861 RAYMOND AVE

PID: 292923310061· 2 fields stubbed (see below)

Property Overview

Parcel ID292923310061

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)50 ft wide × 48 ft deep

Year Built1880

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerNICHOLE VESPERMAN

Assessed Value$335,000

Land Value$86,800

Building Value$248,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

Permit History

2 permits on record since 2017 · Most recent: Jul 2023 (building permit)

Building PermitJul 2023Finaled

—

Tara Thurber All Elements Inc

Building PermitMar 2017Finaled

—

RENEWAL BY ANDERSEN LLC

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

Neighborhood Profile

St. Anthony Park Community Council · Saint Paul

Median reported rent1,316/mo

Renter-occupied74.2%

Median home value$297K

Vacancy rate15.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 319

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 depth28 ft

Area~3,695 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 3-story wood frame (5–12 units) benchmarks for 3,695 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
857 RAYMOND AVE	ANGELA W MOROUKIAN	SINGLE FAMILY DWELLING, PLATTED LOT	$365,800	49 ft
867 RAYMOND AVE	RANDALL C FLACKSBARTH	SINGLE FAMILY DWELLING, PLATTED LOT	$319,500	52 ft
902 HUNT PL	KENT A MOGLER MARY E MOGLER	SINGLE FAMILY DWELLING, PLATTED LOT	$329,900	95 ft
869 RAYMOND AVE	RYDER D SEELER	SINGLE FAMILY DWELLING, PLATTED LOT	$257,200	99 ft
853 RAYMOND AVE	CHARLES EDWARD SIMPKINS	SINGLE FAMILY DWELLING, PLATTED LOT	$353,400	99 ft
900 HUNT PL	KATHRYN GRACE JUDE P MIKAL	TOWNHOME - OUTER UNIT	$218,500	122 ft
898 HUNT PL	LESLIE B HANSEN	TOWNHOME-INNER UNIT	$218,500	134 ft
847 RAYMOND AVE	RED STONE CORNER LLC	COMMERCIAL VACANT LAND	$51,900	143 ft
875 RAYMOND AVE	ARIA WILLIAMS DOMINGUEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$258,700	147 ft
896 HUNT PL	CRAIG R WOODFORD	TOWNHOME-INNER UNIT	$218,500	148 ft

Property History

Most Recent Sale

Date2016-10-28

Price$225,000

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.