398 SHERBURNE AVE

PID: 362923240086· 2 fields stubbed (see below)

Property Overview

Parcel ID362923240086

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)38 ft wide × 120 ft deep

Year Built1885

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerSTAR ANISE PROPERTIES LLC

Assessed Value$178,700

Land Value$25,000

Building Value$153,700

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 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 width28 ft

Buildable depth100 ft

Area~2,057 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 2,057 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
396 SHERBURNE AVE	EDWARD CASH FRABLE	TWO FAMILY DWELLING - UP/DWN	$237,400	40 ft
402 SHERBURNE AVE	VAN TRAN TUYET DANG	SINGLE FAMILY DWELLING, PLATTED LOT	$203,600	40 ft
390 SHERBURNE AVE	J REFUGIO MARTINEZ	RESIDENTIAL, OTHER	$17,400	79 ft
406 SHERBURNE AVE	HAWA ELMI HASHIM MOHAMUD	SINGLE FAMILY DWELLING, PLATTED LOT	$225,100	79 ft
410 SHERBURNE AVE	DRB#24 LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$221,500	119 ft
397 UNIVERSITY AVE W	TANYA TRINH	MIXED RESID/COMMERCIAL	$502,100	127 ft
0 UNIVERSITY AVE W	SORETI BERISSO	COMMERCIAL VACANT LAND	$103,800	133 ft
393 UNIVERSITY AVE W	TANYA TRINH	TWO FAMILY DWELLING - UP/DWN	$197,700	133 ft
386 SHERBURNE AVE	MY X LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$221,100	141 ft
499 WESTERN AVE N	AN THI NGUYEN	TWO FAMILY DWELLING - UP/DWN	$218,500	143 ft

Property History

Most Recent Sale

Date2013-06-13

Price$20,000

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.