468 SHERBURNE AVE

PID: 362923240210· 2 fields stubbed (see below)

Property Overview

Parcel ID362923240210

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)60 ft wide × 127 ft deep

Year Built1900

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerFRONK REAL ESTATE LLC

Assessed Value$167,600

Land Value$25,000

Building Value$142,600

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

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 depth107 ft

Area~3,977 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 3,977 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
474 SHERBURNE AVE	DUANE J PAWLITSCHEK	SINGLE FAMILY DWELLING, PLATTED LOT	$115,200	49 ft
462 SHERBURNE AVE	PAO VANG MEE VUE	SINGLE FAMILY DWELLING, PLATTED LOT	$281,400	60 ft
476 SHERBURNE AVE	SI THAI	SINGLE FAMILY DWELLING, PLATTED LOT	$213,400	93 ft
458 SHERBURNE AVE	BRITTNEY KOSACK	SINGLE FAMILY DWELLING, PLATTED LOT	$172,700	110 ft
461 UNIVERSITY AVE W	LUKARO LLC	MIXED RESID/COMMERCIAL	$557,400	137 ft
475 UNIVERSITY AVE W	PBH PROPERTIES LLC	OFFICE BUILDING 1-2 STORIES	$1,446,400	145 ft
454 SHERBURNE AVE	PAUL OLSON KELLY JOHNSON	TWO FAMILY DWELLING - UP/DWN	$194,900	150 ft
448 SHERBURNE AVE	BIOLETA CARINA DELGADO ZAMORA	TWO FAMILY DWELLING - UP/DWN	$204,200	190 ft
469 SHERBURNE AVE	RAMSEY COUNTY 469 SHERBURNE AVE TRUST	SINGLE FAMILY DWELLING, PLATTED LOT	$153,900	191 ft
465 SHERBURNE AVE	TUAN NGUYEN	SINGLE FAMILY DWELLING, PLATTED LOT	$252,800	193 ft

Property History

Most Recent Sale

Date2021-12-20

Price$140,000

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.