462 SHERBURNE AVE

PID: 362923240209· 2 fields stubbed (see below)

Property Overview

Parcel ID362923240209

Lot Size7,405 sq ft (0.180 ac)

Lot Dimensions (est.)60 ft wide × 120 ft deep

Year Built2000

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerPAO VANG MEE VUE

Assessed Value$281,400

Land Value$25,000

Building Value$256,400

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 width50 ft

Buildable depth100 ft

Area~4,297 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 3-story wood frame (5–12 units) benchmarks for 4,297 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
458 SHERBURNE AVE	BRITTNEY KOSACK	SINGLE FAMILY DWELLING, PLATTED LOT	$172,700	50 ft
468 SHERBURNE AVE	FRONK REAL ESTATE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$167,600	60 ft
454 SHERBURNE AVE	PAUL OLSON KELLY JOHNSON	TWO FAMILY DWELLING - UP/DWN	$194,900	90 ft
474 SHERBURNE AVE	DUANE J PAWLITSCHEK	SINGLE FAMILY DWELLING, PLATTED LOT	$115,200	109 ft
461 UNIVERSITY AVE W	LUKARO LLC	MIXED RESID/COMMERCIAL	$557,400	128 ft
448 SHERBURNE AVE	BIOLETA CARINA DELGADO ZAMORA	TWO FAMILY DWELLING - UP/DWN	$204,200	130 ft
476 SHERBURNE AVE	SI THAI	SINGLE FAMILY DWELLING, PLATTED LOT	$213,400	153 ft
455 UNIVERSITY AVE W	THANH VAN PHAM HIEU T NGUYEN	MIXED RESID/COMMERCIAL	$1,203,600	168 ft
446 SHERBURNE AVE	ANDRE TILLMAN	TWO FAMILY DWELLING - UP/DWN	$300,600	170 ft
461 SHERBURNE AVE	DRB#24 LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$216,800	191 ft

Property History

Most Recent Sale

Date2000-10-17

Price$110,000

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.