5298 ParkOtis, OR 97368

  • Residential income properties
  • 385 SF
Off market

Property Details for 5298 Park

Year built
1800
Lot size
6.24 AC
Property size (Sq ft)
385 SF
Zone code
R-1,SR,UGB;RESIDENTIAL
Property type
Residential income properties
Property subtype
Mobile home & RV parks
APN
07-11-01-C0-01900-00
APU
071101C00190000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $87,704
    6.5%
    $80,958
    7%
    $75,175
  • Comparable approach

    Method
    Valuation
    Relative Method
    $93,991
    Geo Method
    $152,905
  • Alternative Use

    Use
    Valuation
    Residential
    $80,958
    Hospitality
    $74,157
    Educational
    $61,698
    Medical
    $63,820
    Retail
    $95,974
5298 Park, Otis, Oregon
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Location Insight

City
Otis
County
Lincoln
State
Oregon
Latitude
44.9918
Longitude
-123.978
CBSA code
35440
CBSA name
NEWPORT, OR MICROPOLITAN 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
$10,194
-
-
$806,920
-
$631,210
$447,650
$1,078,860

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