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    Property profile & analytics

    28 2nd N Ave Aurora, MN 55705-1314

    • Apartment buildings
    • 3,620 SF
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Jul 16, 2021
    $86,500
    Location Intelligence
    Property ID
    US46-1120608
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 28 2nd N Ave

    Year built
    1975
    Property size
    3,620 SF
    Property type
    Apartment buildings
    APN
    100-0020-00850
    APU
    100002000850

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.2387
    Latitude
    47.5292
    CBSA code
    20260
    CBSA name
    DULUTH, MN-WI 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
    $1,770
    $7,200
    $47,000
    $54,200
    -
    $7,200
    $47,000
    $54,200

    Comparable in this City

    • Value Estimation
      $130,000
      5,780 SF

      23 3rd N Ave

      APARTMENT HOUSE (5+ UNITS) • 5,780 SF
      23 3rd N Ave, Aurora, MN 55705-1352
      View Details
    • Value Estimation
      $450,000
      7,888 SF

      410 3rd N Ave

      APARTMENT HOUSE (5+ UNITS) • 7,888 SF
      410 3rd N Ave, Aurora, MN 55705-1281
      View Details
    • Value Estimation by Request
      3.50 Acres

      Aurora, MN 55705

      MANUFACTURING (LIGHT) • 3.50 Acres
      Aurora, MN 55705
      View Details
    • Value Estimation by Request
      40.00 Acres

      Aurora, MN 55705

      INDUSTRIAL - VACANT LAND • 40.00 Acres
      Aurora, MN 55705
      View Details
    • Value Estimation by Request
      40.00 Acres

      Aurora, MN 55705

      INDUSTRIAL - VACANT LAND • 40.00 Acres
      Aurora, MN 55705
      View Details
    • Value Estimation by Request

      Biwabik, MN 55705

      COMMERCIAL (GENERAL)
      Biwabik, MN 55705
      View Details

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    Aurora, MN 55705-1314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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