Property profile & analytics
61 Midtown Ln Burlington, IA 52601-2874
- Apartment buildings
- 8,601 SF
- 7.96 lot acres
OFF-MARKET
Value Estimations
$1,150,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0436937
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
- Midtown Gardens Apartments / Housing Development / Apartment Building
Property Details for 61 Midtown Ln
- Year built
- 1971
- Lot size
- 7.96 lot acres
- Property size
- 8,601 SF
- Zone code
- R4
- Property type
- Apartment buildings
- APN
- 11-31-481-002
- APU
- 1131481002
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,205,000
- 6.5%
- $1,115,000
- 7%
- $1,035,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,186,000
Market price range: $470k - $1.19M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $855,000 Current use
- COMMERCIAL (GENERAL)
- $795,000 Change: -7% Conversion: Moderate
- RESTAURANT
- $720,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1242
- Latitude
- 40.812
- CBSA code
- 15460
- CBSA name
- BURLINGTON, IA-IL 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
2021
$41,962
$328,700
$2,396,400
$2,725,100
-
$328,700
$2,396,400
$2,725,100
