196 MOUNDS BLVD

PID: 322922440019· 2 fields stubbed (see below)

Property Overview

Parcel ID322922440019

Lot Size10,019 sq ft (0.230 ac)

Lot Dimensions (est.)153 ft wide × 65 ft deep

Year Built1890

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerLANDMACHER MN PROPERTIES ONE LLC

Assessed Value$603,100

Land Value$120,000

Building Value$483,100

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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 ↗

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

Permit History

3 permits on record since 2017 · $5K total declared value · Most recent: Sep 2023 (electrical)

ElectricalSep 2023Finaled

$5K

Redemption Electric LLC

Building PermitOct 2018Finaled

—

KENNY CONSTRUCTION INC

Warm Air, Ventilation & General SheetJan 2017Finaled

$250

PAT COSTELLO HINDING HEATING AIR & ELECTRIC

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

Neighborhood Profile

Dayton's Bluff Community Council · Saint Paul

Median reported rent1,390/mo

Renter-occupied49.3%

Median home value$257K

Vacancy rate8.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 344

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 width143 ft

Buildable depth45 ft

Area~6,285 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 6,285 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
192 MOUNDS BLVD	DEBRA K OLSON	SINGLE FAMILY DWELLING, PLATTED LOT	$246,100	61 ft
648 PLUM ST	ANNE M CAMPBELL	SINGLE FAMILY DWELLING, PLATTED LOT	$336,600	95 ft
188 MOUNDS BLVD	COLLEEN ASHTON	SINGLE FAMILY DWELLING, PLATTED LOT	$257,900	131 ft
652 PLUM ST	JOHN C TIBBETTS ANN M GEHRT	SINGLE FAMILY DWELLING, PLATTED LOT	$255,600	134 ft
182 MOUNDS BLVD	MARJORIE E PITZ	SINGLE FAMILY DWELLING, PLATTED LOT	$348,100	165 ft
656 PLUM ST	KAJSIAB VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$252,100	173 ft
0 MOUNDS BLVD	CITY OF ST PAUL	RESID/EXEMPT VACANT LAND	$89,400	175 ft
180 MOUNDS BLVD	BRUCE SCOTT JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$285,400	205 ft
658 PLUM ST	ARACELI PEREZ OCHOA ANGEL ROJAS PEREZ	SINGLE FAMILY DWELLING, PLATTED LOT	$305,000	212 ft
649 CHERRY ST	CARRIE C RINDAL	SINGLE FAMILY DWELLING, PLATTED LOT	$231,400	225 ft

Property History

Most Recent Sale

Date2023-07-26

Price$675,000

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.