424 AURORA AVE

PID: 362923310053· 2 fields stubbed (see below)

Property Overview

Parcel ID362923310053

Lot Size8,712 sq ft (0.200 ac)

Lot Dimensions (est.)55 ft wide × 55 ft deep

Year Built1980

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerLORENE HALL DAVID HALL III

Assessed Value$280,600

Land Value$35,800

Building Value$244,800

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2015 · $10K total declared value · Most recent: Sep 2015 (mechanical)

MechanicalSep 2015Active/Issued

$3K

BRIAN NERISON KB SERVICE CO INC

Building PermitSep 2015Finaled

$7K

COMPLETE BASEMENT SYSTEMS

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width45 ft

Buildable depth15 ft

Area~1,790 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 1,790 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
428 AURORA AVE	MICHELLE ANTIONETTE MCLEMORE JONES PASHEN F MARTIN	SINGLE FAMILY DWELLING, PLATTED LOT	$383,400	63 ft
420 AURORA AVE	ARTHUR R BLAKEY	SINGLE FAMILY DWELLING, PLATTED LOT	$409,100	91 ft
0 AURORA AVE	HOUSING AND REDEV AUTHORITY	RESID/EXEMPT VACANT LAND	$23,500	140 ft
416 AURORA AVE	PHENG HANG	SINGLE FAMILY DWELLING, PLATTED LOT	$248,900	143 ft
414 AURORA AVE	ANTHONY X PHAM VAN H PHAM	SINGLE FAMILY DWELLING, PLATTED LOT	$342,500	178 ft
468 AURORA AVE	VALERIE A MCCARTY	SINGLE FAMILY DWELLING, PLATTED LOT	$296,000	180 ft
470 AURORA AVE	CHARLES E CRUTCHFIELD	SINGLE FAMILY DWELLING, PLATTED LOT	$484,700	183 ft
466 AURORA AVE	GLORIA Y MASSEY	SINGLE FAMILY DWELLING, PLATTED LOT	$327,200	190 ft
0 AURORA AVE	YON HO	COMMERCIAL VACANT LAND	$122,400	221 ft
0 AURORA AVE	HUE NGOC TRAN	COMMERCIAL VACANT LAND	$236,000	228 ft

Property History

Most Recent Sale

Date2024-02-07

Price—

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.