1611 MARGARET ST

PID: 342922120041· 2 fields stubbed (see below)

Property Overview

Parcel ID342922120041

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 117 ft deep

Year Built1941

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerBRIDGE SFR IV SEED BORROWER, LLC

Assessed Value$235,000

Land Value$37,900

Building Value$197,100

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

3 permits on record since 2015 · $3K total declared value · Most recent: Apr 2023 (electrical)

ElectricalApr 2023Finaled

$2K

Thomas Elsenpeter University Electric Inc

PlumbingOct 2017Finaled

$1K

DAVE NOTHAFT D & K PLUMBING LLC

Building PermitJul 2015Inspected

—

Mr. Randal Sahr R & T HOME IMPROVEMENTS LLC

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

Neighborhood Profile

Southeast Community Organization · Saint Paul

Median reported rent999/mo

Renter-occupied35.6%

Median home value$227K

Vacancy rate4.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 346.02

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 width30 ft

Buildable depth97 ft

Area~2,034 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 2,034 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
1615 MARGARET ST	NENG HER	SINGLE FAMILY DWELLING, PLATTED LOT	$290,800	40 ft
1607 MARGARET ST	DIANE L WILLEN	SINGLE FAMILY DWELLING, PLATTED LOT	$243,400	55 ft
1619 MARGARET ST	THOMAS C KACHELMYER	SINGLE FAMILY DWELLING, PLATTED LOT	$187,900	80 ft
1599 MARGARET ST	MEARA VON MALOTTKE HILLMAN CAMERON HILLMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$246,900	115 ft
1623 MARGARET ST	DYLAN A LINDGREN	SINGLE FAMILY DWELLING, PLATTED LOT	$212,700	120 ft
1614 BEECH ST	LORENA ALAMILLA PORFIRIO ALAMILLA	SINGLE FAMILY DWELLING, PLATTED LOT	$187,300	138 ft
1618 BEECH ST	1618 BEECH LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$259,100	144 ft
1610 BEECH ST	NICOLE K GODFREY	SINGLE FAMILY DWELLING, PLATTED LOT	$286,300	145 ft
1622 BEECH ST	MISHA HANG	SINGLE FAMILY DWELLING, PLATTED LOT	$213,400	159 ft
1627 MARGARET ST	AARON HALVERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$210,600	159 ft

Property History

Most Recent Sale

Date2022-11-18

Price—

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.