1688 SHERBURNE AVE

PID: 332923140180· 2 fields stubbed (see below)

Property Overview

Parcel ID332923140180

Lot Size17,424 sq ft (0.390 ac)

Lot Dimensions (est.)171 ft wide × 102 ft deep

Year Built1964

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerHOLISTIC HOME CARE LLC

Assessed Value$2,435,500

Land Value$340,000

Building Value$2,095,500

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

4 permits on record since 2019 · $43K total declared value · Most recent: Jul 2023 (mechanical)

MechanicalJul 2023Finaled

$20K

RICK BINDER BINDER HEATING & A/C INC

MechanicalJul 2023Finaled

$20K

RICK BINDER BINDER HEATING & A/C INC

Warm Air, Ventilation & General SheetOct 2019Finaled

$3K

PINNACLE ROOFING SYSTEMS

Building PermitOct 2019Active/Issued

—

PINNACLE ROOFING SYSTEMS

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

Neighborhood Profile

Hamline Midway Coalition · Saint Paul

Median reported rent989/mo

Renter-occupied29.8%

Median home value$261K

Vacancy rate1.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 320

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width161 ft

Buildable depth62 ft

Area~7,811 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 7,811 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1685 UNIVERSITY AVE W	HMB HOLDINGS LTD PRTNRSHP	AUTOMOTIVE SERVICE STATION	$1,140,600	124 ft
1678 SHERBURNE AVE	BIEMNET KIBROM	SINGLE FAMILY DWELLING, PLATTED LOT	$336,800	125 ft
1679 UNIVERSITY AVE W	HEARDLOVE MUSIC LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$396,800	162 ft
1693 SHERBURNE AVE	1693 SHERBURNE LLC	APARTMENTS 7-19 RENTAL UNITS	$1,534,000	179 ft
1670 SHERBURNE AVE	KODI ANN SATRA	SINGLE FAMILY DWELLING, PLATTED LOT	$296,600	184 ft
1685 SHERBURNE AVE	SARAH SHEPPARD	SINGLE FAMILY DWELLING, PLATTED LOT	$265,000	189 ft
1681 SHERBURNE AVE	NICK J GARAFOLA	SINGLE FAMILY DWELLING, PLATTED LOT	$228,200	207 ft
1666 SHERBURNE AVE	BEN TEDDER MEGAN TEDDER	SINGLE FAMILY DWELLING, PLATTED LOT	$327,600	224 ft
1677 SHERBURNE AVE	BCR PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$258,400	229 ft
1673 SHERBURNE AVE	SHAUN DONIGER HEATHER QUINN	SINGLE FAMILY DWELLING, PLATTED LOT	$315,900	256 ft

Property History

Most Recent Sale

Date2022-05-18

Price$2,450,000

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.