318 3rdNewberg, OR 97132

  • Apartment buildings
  • 0.27 AC
Off market
$345,741 Estimated

Property Details for 318 3rd

Lot size
0.27 AC
Zone code
R3
Property type
Apartment buildings
APN
R3219AC 01100
APU
R3219AC01100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,569,944
    6.5%
    $2,372,256
    7%
    $2,202,809
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,075,528
    Geo Method
    $3,490,050
  • Alternative Use

    Use
    Valuation
    Residential
    $2,372,256
    Hospitality
    $2,172,974
    Educational
    $1,807,889
    Medical
    $1,870,065
    Retail
    $2,812,272

Location Insight

City
Newberg
County
Yamhill
State
Oregon
Latitude
45.2984
Longitude
-122.976
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 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
$5,497
-
-
$345,741
-
$210,447
$718,070
$928,517

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