122 WAYZATA ST

PID: 302922320056· 2 fields stubbed (see below)

Property Overview

Parcel ID302922320056

Lot Size2,614 sq ft (0.060 ac)

Lot Dimensions (est.)43 ft wide × 56 ft deep

Year Built1915

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerGHOLAMREZA ASHRAFZADEHKIAN

Assessed Value$152,800

Land Value$17,500

Building Value$135,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 rent1,203/mo

Renter-occupied47.7%

Median home value$203K

Vacancy rate6.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 314

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 width33 ft

Buildable depth36 ft

Area~1,022 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 sfr / adu benchmarks for 1,022 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
116 WAYZATA ST	DEBRA MESSENGER	SINGLE FAMILY DWELLING, PLATTED LOT	$185,900	62 ft
916 RICE ST	OPEN CITIES LLC	EXEMPT CLINIC	$2,360,700	87 ft
123 MANITOBA AVE	MPH BLUEBIRD LLC	COMMERCIAL VACANT LAND	$27,500	91 ft
904 RICE ST	MPH BLUEBIRD LLC	MIXED RESID/COMMERCIAL	$1,408,200	97 ft
0 MANITOBA AVE	OPEN CITIES HEALTH CENTER INC	COMMERCIAL VACANT LAND	$28,700	98 ft
123 WAYZATA ST	ELITE PROPERTY MANAGEMENT	SINGLE FAMILY DWELLING, PLATTED LOT	$150,300	101 ft
119 WAYZATA ST	IVAN A LUNA CALDERON	SINGLE FAMILY DWELLING, PLATTED LOT	$150,300	111 ft
117 MANITOBA AVE	HOUSE2HOME STP1 LLC	TWO FAMILY DWELLING - UP/DWN	$220,600	118 ft
115 WAYZATA ST	NATIVDAD A VARGAS	SINGLE FAMILY DWELLING, PLATTED LOT	$171,200	136 ft
924 RICE ST	NORTHSTAR BEHAVIORAL HEALTH LLC	MIXED RESID/COMMERCIAL	$707,100	137 ft

Property History

Most Recent Sale

Date2013-10-28

Price$37,500

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.