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Property profile & analytics
OFF-MARKET
Residential income homes
2105 Hillview Rd, Mounds View, MN 55112-1298
Individually Owned
10-yr Hold
Property ID
US46-0246188
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1964
Construction
WOOD FRAME
Total area
4,756 SF
Lot
0.42 ac (18,295 SF)
Zoning code
A
APN
05-30-23-41-0003
UPID
US46-0246188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mathew S Lennander · 10 yrs held
Mathew S Lennander
since 2016
7 recorded transactions
Zoning & alternative use
A · Mounds View, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mounds View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mounds View submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,472
Tax year 2023
Assessed value
$537,700
Assessed 2023
Previous assessed
$537,700
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$80,000
Assessed improvement
$457,700
Land market value
$80,000
Improvement market value
$457,700
Total market value
$537,700
Applied tax rate
621.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
NONE
Units
4
Bathrooms
2
Total area
4,756 SF
Lot
0.42 ac (18,295 SF)
Zoning code
A
APN
05-30-23-41-0003
UPID
US46-0246188
Jurisdiction
RAMSEY
Zoning & alternative use
A · Mounds View, MN
Zoning A · permitted uses
A · Mounds View, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mounds View. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Units
4
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Mathew S Lennander
Individual
Mailing address
772 COUNTY RD 2ND W, ROSEVILLE, MN 55113-3423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2016
$309,500
Mathew S Lennander
Su,chang
Warranty Deed
$298,667 · Plaza Hm Mtg
Jan 28, 2011
$140,000
Us Bk National Assn
Us Bank NA 2005-s1
Grant Deed
related
—
May 21, 2010
$345,133
Suntrust Mtg INC
Sheriff Of Ramsey County
Trustees Deed
related
—
Aug 9, 2001
$235,000
Hue T Dan
Kedrowski,richard L & Jeanne B
Grant Deed
$233,157 · Irwin Mortgage Corp
Jan 5, 2000
$113,000
Richard L Kedrowski
Schmidt,scott E
Grant Deed
$113,000 · Heritage National Bank
—
—
Matthew S Lennander
—
Deed Of Trust
related
$85,000 · Baxter Cu
—
—
Scott E Schmidt
—
Deed Of Trust
related
$104,000 · Chase Manhattan Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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