467 AURORA AVE

PID: 362923310041· 2 fields stubbed (see below)

Property Overview

Parcel ID362923310041

Lot Size9,583 sq ft (0.220 ac)

Lot Dimensions (est.)82 ft wide × 117 ft deep

Year Built1975

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerTHOMAS J BROWN SR

Assessed Value$249,900

Land Value$45,500

Building Value$204,400

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

Summit-University Planning Council · Saint Paul

Median reported rent820/mo

Renter-occupied80.4%

Median home value$293K

Vacancy rate3.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 336

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 width72 ft

Buildable depth77 ft

Area~3,294 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 3,294 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
475 AURORA AVE	JAMES H PATTERSON III MYRA L PATTERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$306,100	73 ft
459 AURORA AVE	CHRISTINA DUONG DANNY VO	SINGLE FAMILY DWELLING, PLATTED LOT	$271,400	80 ft
468 UNIVERSITY AVE W	KLN INVESTMENT LLC	AUTOMOTIVE SERVICE STATION	$695,100	133 ft
477 AURORA AVE	WILLIAM E LAND SHIRLEY B LAND	SINGLE FAMILY DWELLING, PLATTED LOT	$277,800	138 ft
448 UNIVERSITY AVE W	BV BUILDING LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$499,600	141 ft
449 AURORA AVE	HODAN ABDINUR MAHAMUD	SINGLE FAMILY DWELLING, PLATTED LOT	$331,800	179 ft
0 AURORA AVE	HOUSING AND REDEV AUTHORITY	RESID/EXEMPT VACANT LAND	$6,500	183 ft
0 AURORA AVE	CENTRAL VILLAGE CUL DE SAC 1	RESIDENTIAL, VACANT LAND, LOT	$1,000	184 ft
485 AURORA AVE	GERALD O GARTH TR SHARON L GARTH TR	SINGLE FAMILY DWELLING, PLATTED LOT	$315,600	203 ft
482 AURORA AVE	ERMA LEE WALKER DONALD LEE WALKER	SINGLE FAMILY DWELLING, PLATTED LOT	$417,900	209 ft

Property History

Most Recent Sale

Date2021-01-19

Price$212,000

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.