320 EvergreenIndependence, OR 97351

  • Apartment buildings
  • 12,039 SF
Off market
$7,313,770 Estimated

Property Details for 320 Evergreen

Year built
1970
Lot size
0.73 AC
Property size (Sq ft)
12,039 SF
Zone code
RM
Property type
Apartment buildings
APN
08428-CB-00114
APU
08428CB00114

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,035,710
    6.5%
    $2,802,190
    7%
    $2,602,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,218,540
    Geo Method
    $3,609,160
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,336,060
    Retail / Commercial
    $2,266,440
    Mixed-Use / Specialty
    $2,292,180
    Hospitality / Lodging
    $1,725,740
    Office
    $2,313,800
    Institutional / Educational
    $2,395,040
    Multifamily
    $3,173,270
    Automotive / Energy
    $2,052,890
    Parking / Income-Based Land
    $675,007
    Restaurant / Food Service
    $1,264,370
    Healthcare / Senior Housing
    $2,315,900

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.8454
Longitude
-123.188
CBSA code
41420
CBSA name
SALEM, OR 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
$13,507
$74,850
$631,080
$705,930
-
$242,380
$950,100
$1,192,480

FAQs

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