513 VAN BUREN AVE

PID: 362923220023· 2 fields stubbed (see below)

Property Overview

Parcel ID362923220023

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)50 ft wide × 126 ft deep

Year Built1891

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTSEHAY FIRESSA

Assessed Value$206,100

Land Value$25,000

Building Value$181,100

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

2 permits on record since 2017 · Most recent: Jun 2020 (building permit)

Building PermitJun 2020Finaled

—

Rick Helgeson ROM CO LLC

Building PermitJun 2017Finaled

—

Wallace Nelson Renovation, 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 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

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 width40 ft

Buildable depth86 ft

Area~679 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 sfr / adu benchmarks for 679 sqft buildable area.

Est. units

Yield on cost

4.9%

Spread

-0.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
519 VAN BUREN AVE	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT TWO FAM DWELLING - UP/DWN	$334,100	50 ft
511 VAN BUREN AVE	MEYLIN O RAMIREZ RIVERA	TWO FAMILY DWELLING - UP/DWN	$226,200	54 ft
525 VAN BUREN AVE	DAVID R RODRIGUEZ ROSALINDA M TREJO	SINGLE FAMILY DWELLING, PLATTED LOT	$191,500	100 ft
507 VAN BUREN AVE	BEE VUE	TWO FAMILY DWELLING - UP/DWN	$224,800	118 ft
528 MINNEHAHA AVE W	BEE VUE	APARTMENTS 7-19 RENTAL UNITS	$2,355,900	171 ft
713 MACKUBIN ST	BEE VUE	APARTMENTS 4-6 RENTAL UNITS	$1,006,600	182 ft
531 VAN BUREN AVE	ENTRUSTED HOME HEALTHCARE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$568,500	185 ft
512 VAN BUREN AVE	NURUDDIN ISSE DEKHA ABDULLE	SINGLE FAMILY DWELLING, PLATTED LOT	$294,400	190 ft
518 VAN BUREN AVE	BLACKWOOD INVESTMENT INC	SINGLE FAMILY DWELLING, PLATTED LOT	$155,300	191 ft
508 VAN BUREN AVE	SALAH AHMED MUSE	SINGLE FAMILY DWELLING, PLATTED LOT	$262,800	197 ft

Property History

Most Recent Sale

Date2017-12-13

Price$129,900

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.