1250 3RD ST E

PID: 332922140067· 2 fields stubbed (see below)

Property Overview

Parcel ID332922140067

Lot Size2,614 sq ft (0.070 ac)

Lot Dimensions (est.)63 ft wide × 40 ft deep

Year Built2004

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerLISA E GEISSLER

Assessed Value$206,000

Land Value$16,200

Building Value$189,800

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

Dayton's Bluff Community Council · Saint Paul

Median reported rent1,290/mo

Renter-occupied46.3%

Median home value$204K

Vacancy rate5.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 346.01

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 width53 ft

Buildable depth20 ft

Area~813 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 813 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1254 3RD ST E	SUKIRA T KNIGHT	SINGLE FAMILY DWELLING, PLATTED LOT	$192,500	51 ft
1260 3RD ST E	MEE YANG HNOU IYENG VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$230,800	87 ft
509 GOTZIAN ST	WILLIAM CAPELLO CARRIE NELSON	SINGLE FAMILY DWELLING, PLATTED LOT	$285,600	104 ft
1264 3RD ST E	MARIA ESPITIA	SINGLE FAMILY DWELLING, PLATTED LOT	$216,600	125 ft
1244 3RD ST E	DEANNA M KEENAN	SINGLE FAMILY DWELLING, PLATTED LOT	$196,500	149 ft
1253 3RD ST E	KYAW M NAING ANNA PHAW	SINGLE FAMILY DWELLING, PLATTED LOT	$207,800	152 ft
1257 3RD ST E	PHOUTHUN PEL	SINGLE FAMILY DWELLING, PLATTED LOT	$208,800	157 ft
1249 3RD ST E	DENNIS RUETTIMANN	SINGLE FAMILY DWELLING, PLATTED LOT	$213,900	157 ft
1268 3RD ST E	DEBRA S SIMA	SINGLE FAMILY DWELLING, PLATTED LOT	$206,900	164 ft
1261 3RD ST E	STEVEN J OEN	SINGLE FAMILY DWELLING, PLATTED LOT	$238,200	172 ft

Property History

Most Recent Sale

Date2009-01-16

Price$51,500

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.