488 LAFOND AVE

PID: 362923210190· 2 fields stubbed (see below)

Property Overview

Parcel ID362923210190

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)60 ft wide × 122 ft deep

Year Built1974

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerHUE H YANG SHOUA LEE YANG

Assessed Value$323,900

Land Value$25,000

Building Value$298,900

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Frogtown Neighborhood Association · Saint Paul

Median reported rent1,185/mo

Renter-occupied47.6%

Median home value$154K

Vacancy rate14.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 326

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 width50 ft

Buildable depth102 ft

Area~4,151 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 4,151 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
482 LAFOND AVE	BAO THAO NENG LE YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$228,500	58 ft
494 LAFOND AVE	MATTHEW OBRIEN	SINGLE FAMILY DWELLING, PLATTED LOT	$230,800	61 ft
478 LAFOND AVE	BLONG YANG PHA VANG	SINGLE FAMILY DWELLING, PLATTED LOT	$272,400	113 ft
491 THOMAS AVE	YENG YANG KA LOR	SINGLE FAMILY DWELLING, PLATTED LOT	$273,900	142 ft
614 MACKUBIN ST	JOSE MANUEL FIERRO SOTO	SINGLE FAMILY DWELLING, PLATTED LOT	$271,400	155 ft
481 THOMAS AVE	NAW PAE EH KAW KUE	SINGLE FAMILY DWELLING, PLATTED LOT	$206,300	156 ft
472 LAFOND AVE	MICHAEL WONG	SINGLE FAMILY DWELLING, PLATTED LOT	$245,400	167 ft
487 LAFOND AVE	ERIC HUYNH	SINGLE FAMILY DWELLING, PLATTED LOT	$197,900	187 ft
477 THOMAS AVE	ELIZABETH A HERNANDEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$214,400	194 ft
495 LAFOND AVE	IRENE M GOMEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$219,100	197 ft

Property History

Most Recent Sale

Date2019-04-19

Price$231,000

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.