653 BEDFORD ST

PID: 322922210124· 3 fields stubbed (see below)

Property Overview

Parcel ID322922210124

Lot Size3,049 sq ft (0.070 ac)

Lot Dimensions (est.)30 ft wide × 31 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, OTHER

OwnerJORGE GARCIA DIRIA Y PAIZ ACEVEDO

Assessed Value$23,200

Land Value$10,200

Building Value$13,000

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 rent1,099/mo

Renter-occupied41.8%

Median home value$190K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 330

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 width20 ft

Buildable depth11 ft

Area~721 sqft

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

Development Feasibility

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 721 sqft buildable area.

Est. units

Yield on cost

5.0%

Spread

-0.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
647 BEDFORD ST	FREDERICK P. YARUSSO TR	SINGLE FAMILY DWELLING, PLATTED LOT	$208,300	54 ft
661 BEDFORD ST	WNGS HOLDINGS LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$192,500	66 ft
519 FRED ST	SCOTT HOTCH	SINGLE FAMILY DWELLING, PLATTED LOT	$177,300	82 ft
657 BEDFORD ST	AKINSOLA ABODUNDE	TWO FAMILY DWELLING - UP/DWN	$250,300	90 ft
663 BEDFORD ST	JULIE ANGERT CHRISTOPHER I ANGERT	SINGLE FAMILY DWELLING, PLATTED LOT	$192,600	92 ft
641 BEDFORD ST	SALVADOR DURAN MONDRAGON MARGARITA GARCIA ZARRAGA	SINGLE FAMILY DWELLING, PLATTED LOT	$199,600	93 ft
665 BEDFORD ST	SAIRAM SUNKAM	TWO FAMILY DWELLING - UP/DWN	$216,000	131 ft
520 FRED ST	GLENDA CRYER FACHON KIRK	SINGLE FAMILY DWELLING, PLATTED LOT	$200,700	131 ft
635 PAYNE AVE	YARUSSO BROS HOLDINGS LLC	RESTAURANT AND/OR BAR	$561,400	154 ft
0 BEDFORD ST	YARUSSO BROS HOLDINGS LLC	COMMERCIAL VACANT LAND	$28,400	162 ft

Property History

Most Recent Sale

Date2021-03-03

Price$20,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.