689 VAN BUREN AVE

PID: 352923110054· 2 fields stubbed (see below)

Property Overview

Parcel ID352923110054

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 119 ft deep

Year Built1890

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerRICHARD G SAYRE

Assessed Value$246,500

Land Value$25,000

Building Value$221,500

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

2 permits on record since 2024 · $10K total declared value · Most recent: May 2024 (mechanical)

MechanicalMay 2024Active/Issued

$9K

Peter Bonfe BONFES PLBG & HTG INC

ElectricalMay 2024Active/Issued

$500

Peter Bonfe BONFES PLBG & HTG INC

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

Neighborhood Profile

Frogtown Neighborhood Association · Saint Paul

Median reported rent933/mo

Renter-occupied35.8%

Median home value$217K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 324

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 depth99 ft

Area~2,075 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 2,075 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
695 VAN BUREN AVE	DANMARK PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$186,200	40 ft
685 VAN BUREN AVE	VICTOR THAO	TWO FAMILY DWELLING - UP/DWN	$237,800	40 ft
699 VAN BUREN AVE	KEITH D MALMER	SINGLE FAMILY DWELLING, PLATTED LOT	$277,100	80 ft
693 ST ALBANS ST N	MAI NENG MOUA BLONG YANG	TWO RESIDENCES ON ONE PARCEL	$324,200	80 ft
701 VAN BUREN AVE	SARA DUNLAP	SINGLE FAMILY DWELLING, PLATTED LOT	$256,200	120 ft
688 MINNEHAHA AVE W	GARY L SPEAR GENEVIEVE M SPEAR	SINGLE FAMILY DWELLING, PLATTED LOT	$225,900	140 ft
692 MINNEHAHA AVE W	TERFA BITEW BONTU HIKA	SINGLE FAMILY DWELLING, PLATTED LOT	$341,600	145 ft
686 MINNEHAHA AVE W	STATE OF MN TRUST EXEMPT	RESID/EXEMPT VACANT LAND	$25,000	145 ft
707 VAN BUREN AVE	SARAH WALL ARIANNA V CERRITOS RAMIREZ	SINGLE FAMILY DWELLING, PLATTED LOT	$228,500	159 ft
680 MINNEHAHA AVE W	ROBERT XIONG	TWO FAMILY DWELLING - UP/DWN	$212,900	160 ft

Property History

Most Recent Sale

Date2023-04-24

Price$240,000

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.