500 OTIS AVE

PID: 322923320021· 2 fields stubbed (see below)

Property Overview

Parcel ID322923320021

Lot Size6,970 sq ft (0.160 ac)

Lot Dimensions (est.)50 ft wide × 65 ft deep

Year Built1921

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTAYLOR H FREDIN NICHOLAS L PETERSON

Assessed Value$431,000

Land Value$114,400

Building Value$316,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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

8 permits on record since 2019 · $33K total declared value · Most recent: Jun 2025 (electrical)

ElectricalJun 2025Active/Issued

$2K

KELLY JOHNSON DATA TECH ELECTRIC

Building PermitOct 2024Inspected

$10K

CARLOS GUZMAN

Building PermitSep 2024Finaled

—

WINDOW WORLD TWIN CITIES

DemolitionAug 2024Finaled

$1K

Gina Filigenzi

ElectricalMay 2022Finaled

$6K

William Tomczak NORDEAST ELECTRIC INC

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

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent973/mo

Renter-occupied46.1%

Median home value$576K

Vacancy rate14.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 430.02

Zoning

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 depth45 ft

Area~3,449 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 small multifamily (2–4 units, wood frame) benchmarks for 3,449 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
506 OTIS AVE	ANTON F JACHIM KIRSTEN JAMSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$461,800	50 ft
498 OTIS AVE	JULIE C FREDRICKSON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$580,500	50 ft
512 OTIS AVE	ERIC H TSAI REBECCA W TSAI	SINGLE FAMILY DWELLING, PLATTED LOT	$649,400	100 ft
492 OTIS AVE	MAX ALAN KAFKA TARA WHITNEY COLEMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$815,600	100 ft
515 DESNOYER AVE	515 DESNOYER LLC	TWO FAMILY DWELLING - SIDE/SIDE	$400,200	136 ft
521 DESNOYER AVE	GRAND END LLC	TWO FAMILY DWELLING - SIDE/SIDE	$432,200	143 ft
518 OTIS AVE	JOYCE C PERRIN	SINGLE FAMILY DWELLING, PLATTED LOT	$410,200	145 ft
511 DESNOYER AVE	STEVEN MOSE LINDA VAN EGEREN	SINGLE FAMILY DWELLING, PLATTED LOT	$689,000	159 ft
486 OTIS AVE	CALEB MAAS MEGGIE MAAS	SINGLE FAMILY DWELLING, PLATTED LOT	$398,100	159 ft
525 DESNOYER AVE	525 DESNOYER AVE LLC	TWO FAMILY DWELLING - SIDE/SIDE	$367,200	175 ft

Property History

Most Recent Sale

Date2025-08-11

Price$445,000

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.