722 PokegamaGrand Rapids, MN 55744

  • Apartment buildings
  • 18,047 SF
Off market
$1,855,400 Estimated

Property Details for 722 Pokegama

Year built
1960
Lot size
0.90 AC
Property size (Sq ft)
18,047 SF
Property type
Apartment buildings
APN
91-585-3720
APU
915853720

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,114,363
    6.5%
    $3,797,873
    7%
    $3,526,596
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,427,734
    Geo Method
    $1,427,734
  • Alternative Use

    Use
    Valuation
    Residential
    $3,797,873
    Hospitality
    $3,478,832
    Educational
    $2,894,347
    Medical
    $2,993,888
    Retail
    $4,502,318

Location Insight

City
Grand Rapids
County
Itasca
State
Minnesota
Latitude
47.2394
Longitude
-93.5278
CBSA code
24330
CBSA name
GRAND RAPIDS, MN MICROPOLITAN 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
2024
$35,594
$33,900
$1,821,500
$1,855,400
-
$33,900
$1,821,500
$1,855,400

FAQs

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