228 MainMonticello, IA 52310

  • Retail space
  • 1,772 SF
Off market
$5,667,200 Estimated

Property Details for 228 Main

Year built
1959
Lot size
0.57 AC
Property size (Sq ft)
1,772 SF
Property type
Retail space
APN
222378002
APU
222378002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $470,335
    6.5%
    $434,155
    7%
    $403,144
  • Comparable approach

    Method
    Valuation
    Relative Method
    $453,346
    Geo Method
    $227,916
  • Alternative Use

    Use
    Valuation
    Residential
    $366,226
    Hospitality
    $335,461
    Educational
    $279,100
    Medical
    $288,698
    Retail
    $434,155

Location Insight

City
Monticello
County
Jones
State
Iowa
Latitude
42.2401
Longitude
-91.183
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,724
$46,200
$50,310
$96,510
-
$46,200
$50,310
$96,510

FAQs

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