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Financial
Distress signals
Property profile

123 Waterfront Dr Two Harbors, MN 55616

OFF-MARKET
Garden apartment buildings
Property ID
US46-2060806
1,000 SF Built 1947
Last sale Aug 2020 · $144,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$158k
Assessed land$29k
Assessed improvement$129k
Effective rate1.72%

Value estimate

· Oct 2026
$155k
$140k – $171k
AI approach$180k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Auto Repair Shop11.3
Dental Office10.5

Location

123 Waterfront Dr Two Harbors, MN 55616-1525
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
426 1st, Two Harbors, MN 55616-1614 $635,000 Oct 2024 4,179 SF
414 1st, Two Harbors, MN 55616-1614 $300,000 Jul 2024 2,571 SF
632 1st, Two Harbors, MN 55616-1506 $375,000 Feb 2024 2,300 SF
602 1st, Two Harbors, MN 55616-1692 $131,000 Sep 2020 1,775 SF
15 Waterfront, Two Harbors, MN 55616-1523 $125,000 Jun 2020 2,552 SF
420 1st, Two Harbors, MN 55616-1632 $33,450 Dec 2019 1,879 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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