446 SHERBURNE AVE

PID: 362923240205· 2 fields stubbed (see below)

Property Overview

Parcel ID362923240205

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 120 ft deep

Year Built1885

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerANDRE TILLMAN

Assessed Value$300,600

Land Value$25,000

Building Value$275,600

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

1 permit on record since 2017 · $750 total declared value · Most recent: Jun 2017 (electrical)

ElectricalJun 2017Finaled

$750

SUNSHINE ELECTRIC LLC

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

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 width30 ft

Buildable depth100 ft

Area~2,060 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 2,060 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
442 SHERBURNE AVE	ABIGAIL PROPERTIES LLC	TWO FAMILY DWELLING - UP/DWN	$306,200	39 ft
448 SHERBURNE AVE	BIOLETA CARINA DELGADO ZAMORA	TWO FAMILY DWELLING - UP/DWN	$204,200	40 ft
454 SHERBURNE AVE	PAUL OLSON KELLY JOHNSON	TWO FAMILY DWELLING - UP/DWN	$194,900	79 ft
458 SHERBURNE AVE	BRITTNEY KOSACK	SINGLE FAMILY DWELLING, PLATTED LOT	$172,700	119 ft
455 UNIVERSITY AVE W	THANH VAN PHAM HIEU T NGUYEN	MIXED RESID/COMMERCIAL	$1,203,600	141 ft
441 UNIVERSITY AVE W	IFO REAL ESTATE LLC	MIXED RETAIL/COMMERCIAL	$1,071,700	144 ft
441 SHERBURNE AVE	TIMBER PROPERTIES LLC	APARTMENTS 4-6 RENTAL UNITS	$428,400	161 ft
462 SHERBURNE AVE	PAO VANG MEE VUE	SINGLE FAMILY DWELLING, PLATTED LOT	$281,400	170 ft
432 SHERBURNE AVE	JACKIE BURGOON	SINGLE FAMILY DWELLING, PLATTED LOT	$151,400	187 ft
449 SHERBURNE AVE	MARTHA MINH HATCH	SINGLE FAMILY DWELLING, PLATTED LOT	$234,600	194 ft

Property History

Most Recent Sale

Date2019-09-03

Price$246,500

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.