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Property profile & analytics
OFF-MARKET
Estimated value
$245,000
Residential income homes
7610 Woodlawn Dr Mounds View, MN 55112-4057
Individually Owned
10-yr Hold
Property ID
US46-0121513
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1973
Construction
FRAME
Total area
3,800 SF
Lot
0.28 ac (12,284 SF)
Zoning code
C
APN
08-30-23-22-0023
UPID
US46-0121513
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
$215k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Shipley Trent · 10 yrs held
Shipley Trent
since 2016
5 recorded transactions
Zoning & alternative use
C · Mounds View, MN
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
Method
Estimation
Statistic approach
by Request
ML approach
$215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
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
$8,184
Tax year 2023
Assessed value
$519,500
Assessed 2023
Previous assessed
$519,500
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$80,000
Assessed improvement
$439,500
Land market value
$80,000
Improvement market value
$439,500
Total market value
$519,500
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
1973
Construction
FRAME
Heating
YES
Cooling
WINDOW A/C
Units
4
Bathrooms
2
Total area
3,800 SF
Lot
0.28 ac (12,284 SF)
Zoning code
C
APN
08-30-23-22-0023
UPID
US46-0121513
Jurisdiction
RAMSEY
Zoning & alternative use
C · Mounds View, MNZoning C · permitted uses
C · Mounds View, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 160.071 ZONING MAP.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
YES
Cooling
Yes
Units
4
Bathrooms
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Shipley Trent
Individual
Mailing address
8945 VERNON ST, ROCKFORD, MN 55373-9473
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2016
$315,000
Shipley Trent
Rick S Johnson
Warranty Deed
$236,250 · Marketplace Home Mortgage LLC
Apr 15, 2002
$304,000
Rick S Johnson
Harelson,james A & Marjorie
Grant Deed
$273,600 · Prime Mortgage Corp
Sep 9, 1999
$123,000
James A Harelson
Bank Of America Illinois
Grant Deed
$110,700 · First State Bank
—
—
James A Harelson
—
Deed Of Trust
related
$17,500 · Wisconsin Funding Corp
—
—
John M Johnson
—
Deed Of Trust
related
$281,250 · Prime 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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