579 DESOTO ST

PID: 322922230014· 2 fields stubbed (see below)

Property Overview

Parcel ID322922230014

Lot Size5,663 sq ft (0.160 ac)

Lot Dimensions (est.)40 ft wide × 33 ft deep

Year Built2003

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerSOE ROE TAW SERRNET KLOTOO

Assessed Value$353,100

Land Value$25,000

Building Value$328,100

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

3 permits on record since 2017 · $8K total declared value · Most recent: Jul 2017 (electrical)

ElectricalJul 2017Active/Issued

$165

Spark Electric Co

MechanicalJul 2017Active/Issued

$4K

TODD FERRARA STANDARD HEATING & AIR CONDITIONING INC

Warm Air, Ventilation & General SheetJul 2017Active/Issued

$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

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 width30 ft

Buildable depth13 ft

Area~3,115 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 3,115 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
575 DESOTO ST	CECILIA I GOMEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$268,000	40 ft
569 DESOTO ST	SEE LEE VUE	TWO FAMILY DWELLING - SIDE/SIDE	$214,500	85 ft
0 DESOTO ST	JAMES R FOX TRUST	INDUSTRIAL, VACANT LAND	$92,400	155 ft
461 HOPKINS ST	TEFASSA YADESSA LYDIA KUMSSA	SINGLE FAMILY DWELLING, PLATTED LOT	$248,700	178 ft
0 DESOTO ST	CITY OF SAINT PAUL REAL ESTATE SECTION	EXEMPT, VACANT LAND	$169,300	184 ft
600 LAFAYETTE RD	CITY OF SAINT PAUL REAL ESTATE SECTION	EXEMPT PROP. OWNED BY PORT AUTHORITY	$4,400,900	194 ft
0 DESOTO ST	JAMES R FOX TRUST	INDUSTRIAL, VACANT LAND	$40,000	222 ft
467 HOPKINS ST	DENISE L JONES GOODAR	SINGLE FAMILY DWELLING, PLATTED LOT	$286,600	226 ft
0 LAFAYETTE RD	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$49,700	262 ft
471 HOPKINS ST	AI YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$265,400	275 ft

Property History

Most Recent Sale

Date2021-07-20

Price$328,000

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.