840 2ndAitkin, MN 56431

Property Details for 840 2nd

Year built

2007

Lot size

2.07 AC

Property size (Sq ft)

16,499 SF

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

56-0-157700

APU

560157700

• CAP approach

  CAP return

  Valuation

  6%

  $2,965,174

  6.5%

  $2,737,084

  7%

  $2,541,578

• Comparable approach

  Method

  Valuation

  Relative Method

  $968,425

  Geo Method

  $968,425

• Alternative Use

  Use

  Valuation

  Residential

  $3,472,107

  Hospitality

  $3,180,431

  Educational

  $2,646,081

  Medical

  $2,737,084

  Retail

  $4,116,126

Location Insight

City

Aitkin

County

Aitkin

State

Minnesota

Latitude

46.5346

Longitude

-93.7217

Property Tax & Assessments

• Assessed Improved Value
  $1,566,200
• Assessed land value
  $43,500
• Assessed value
  $1,609,700
• Tax year
  2023
• Tax bill
  $26,166

FAQs

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