553 GOTZIAN ST

PID: 332922140114· 2 fields stubbed (see below)

Property Overview

Parcel ID332922140114

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)40 ft wide × 42 ft deep

Year Built1920

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerNYAJ KONG

Assessed Value$225,800

Land Value$25,800

Building Value$200,000

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

1 permit on record since 2024 · Most recent: Oct 2024 (building permit)

Building PermitOct 2024Inspected

—

KAUFMAN SHEET METAL & ROOFING INC

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 rent1,290/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 width30 ft

Buildable depth22 ft

Area~2,380 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 2,380 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
549 GOTZIAN ST	WAYONG THAO XIA MOUA THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$209,400	40 ft
555 GOTZIAN ST	JOSE JUAN FLEMATE	SINGLE FAMILY DWELLING, PLATTED LOT	$244,400	50 ft
547 GOTZIAN ST	SETH TAYLOR KUSCHEL RACHEL KOTTKE	SINGLE FAMILY DWELLING, PLATTED LOT	$253,600	80 ft
561 GOTZIAN ST	ELITE PROPERTY MANAGEMENT	SINGLE FAMILY DWELLING, PLATTED LOT	$234,400	111 ft
543 GOTZIAN ST	JAMES J RANDALL JOE W SIEDSCHLAG	SINGLE FAMILY DWELLING, PLATTED LOT	$208,100	120 ft
541 GOTZIAN ST	DANIEL R COLLINS	SINGLE FAMILY DWELLING, PLATTED LOT	$181,100	160 ft
556 GOTZIAN ST	KALLY US LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$188,600	170 ft
560 GOTZIAN ST	MARILYN JEAN EDLUND	SINGLE FAMILY DWELLING, PLATTED LOT	$210,100	173 ft
0 HANCOCK ST	IN SOOK YI PRASAD	RESIDENTIAL, VACANT LAND, LOT	$2,300	178 ft
565 GOTZIAN ST	AL CONARD	SINGLE FAMILY DWELLING, PLATTED LOT	$236,400	187 ft

Property History

Most Recent Sale

Date2003-10-24

Price$190,000

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.