509 1stHinckley, MN 55037

  • Apartment buildings
  • 3,728 SF
Off market
$132,617 Estimated

Property Details for 509 1st

Year built
2002
Construction
TILT-UP CONCRETE
Lot size
0.38 AC
Property size (Sq ft)
3,728 SF
Property type
Apartment buildings
APN
40.5539.000
APU
405539000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $849,911
    6.5%
    $784,533
    7%
    $728,495
  • Comparable approach

    Method
    Valuation
    Relative Method
    $294,930
    Geo Method
    $294,930
  • Alternative Use

    Use
    Valuation
    Residential
    $784,533
    Hospitality
    $718,628
    Educational
    $597,890
    Medical
    $618,453
    Retail
    $930,052

Location Insight

City
Hinckley
County
Pine
State
Minnesota
Latitude
46.0155
Longitude
-92.9543

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
$9,696
$27,400
$246,200
$273,600
-
$27,400
$246,200
$273,600

FAQs

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