430 WaterPort Townsend, WA 98368

  • Hotels
  • 0.12 AC
Off market
$563,676 Estimated

Property Details for 430 Water

Lot size
0.12 AC
Zone code
C-III
Property type
Hotels
Property subtype
Motels
APN
989704502
APU
989704502

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,171,250
    6.5%
    $1,081,150
    7%
    $1,003,930
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,350,540
    Geo Method
    $855,623
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,994,540
    Retail / Commercial
    $1,517,840
    Mixed-Use / Specialty
    $1,498,440
    Office
    $1,474,980
    Institutional / Educational
    $1,552,780
    Residential Income
    $1,816,750
    Multifamily
    $2,256,440
    Automotive / Energy
    $1,330,950
    Parking / Income-Based Land
    $473,113
    Restaurant / Food Service
    $749,507
    Healthcare / Senior Housing
    $1,550,970

Location Insight

City
Port Townsend
County
Jefferson
State
Washington
Latitude
48.1164
Longitude
-122.752

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
$5,060
$467,000
$96,676
$563,676
-
$467,000
$96,676
$563,676

FAQs

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