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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Residential income homes
7918 Groveland Rd Mounds View, MN 55112-5808
Individually Owned
18-yr Hold
Absentee Owner
Property ID
US46-2974553
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1968
Construction
FRAME
Total area
3,264 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C
APN
06-30-23-34-0022
UPID
US46-2974553
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
$225k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
David E Daher · 18 yrs held
David E Daher
since 2008
7 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
$225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$370k
Range $333k – $407k · ±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
$113 / 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
1968
Construction
FRAME
Heating
HOT WATER
Cooling
WINDOW A/C
Units
4
Bathrooms
2
Total area
3,264 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C
APN
06-30-23-34-0022
UPID
US46-2974553
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
1968
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Units
4
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
David E Daher
Individual
Mailing address
11476 KNOLLWOOD CT NE, BLAINE, MN 55449-5916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Mar 26, 2008
$237,794
David E Daher
Deutsche Bank 2006-he1
Grant Deed
$250,267 · Wells Fargo Bank
Oct 1, 2004
$385,000
Gail V Horn
Green,randy A & Susan A
Warranty Deed
$308,000 · Delta Funding
Aug 23, 2001
$283,000
Randy A Green
Fox,michael & Jennifer
Grant Deed
$226,400 · Inter Savings Bank Fsb
Jun 1, 2000
$218,000
Billy G Fox
Johnson,wallace J & Connie M
Grant Deed
$196,200 · Saxon Mortgage INC
Dec 28, 1998
$160,000
Wallace J Johnson
Jadinak,david O & Carol A
Grant Deed
$138,500 · Commonwealth United Mtg Co
—
—
David E Daher
—
Deed Of Trust
related
$256,440 · Mortgage Investors INC
—
—
Randy A Green
—
Deed Of Trust
related
$223,900 · Bank Of America
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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