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    Property profile & analytics

    1051 Hancock St Port Townsend, WA 98368-2356

    • Apartment buildings
    • 3.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1943665
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1051 Hancock St

    Lot size
    3.02 lot acres
    Zone code
    R-III(MF)
    Property type
    Apartment buildings
    APN
    948332903
    APU
    948332903

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Townsend
    County
    Jefferson
    State
    Washington
    Longitude
    -122.796
    Latitude
    48.1076

    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
    $11,268
    $569,676
    $686,741
    $1,256,417
    -
    $569,676
    $686,741
    $1,256,417

    Comparable in this City

    • Value Estimation
      $300,000
      2,004 SF

      703 Van Buren St

      APARTMENT HOUSE (5+ UNITS) • 2,004 SF
      703 Van Buren St, Port Townsend, WA 98368-8054
      View Details
    • Value Estimation
      $345,000
      0.53 Acres

      Port

      APARTMENT HOUSE (5+ UNITS) • 0.53 Acres
      Port, Townsend, WA 98368
      View Details
    • Value Estimation
      $620,000
      2,266 SF

      717 Franklin St, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 2,266 SF
      717 Franklin St, Port Townsend, WA 98368-5838
      View Details
    • Value Estimation
      $390,000
      2,520 SF

      1327 Hudson St

      APARTMENT HOUSE (5+ UNITS) • 2,520 SF
      1327 Hudson St, Port Townsend, WA 98368-4310
      View Details
    • Value Estimation by Request
      18,528 SF

      620 Hancock St

      APARTMENT HOUSE (5+ UNITS) • 18,528 SF
      620 Hancock St, Port Townsend, WA 98368-2452
      View Details
    • Value Estimation by Request
      8,670 SF

      740 Harrison St

      APARTMENT HOUSE (5+ UNITS) • 8,670 SF
      740 Harrison St, Port Townsend, WA 98368-6528
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Historic Mixed-Use Building For Sale

      Downtown Port Townsend mixed-use building with retail and residential units.
      1020 Water St, Port Townsend, WA 98368
      View Details
    • $99,950
      728 SF

      Updated Manufactured Home with Yard

      Updated 2 bed, 1 bath manufactured home with modern amenities.
      545 Hendricks St, Port Townsend, WA 98368
      View Details
    • $2,160,000
      7,405 SF

      Prime Downtown Commercial Property

      Exceptional investment opportunity with retail space and development potential.
      625 Tyler St, Port Townsend, WA 98368
      View Details
    • $1,300,000

      Prime Port Townsend Commercial Land

      .58-acre lot, 3808 sq ft building, ideal location.
      3059 Sims Way, Port Townsend, WA 98368
      View Details
    • $3,250,000

      Port Townsend Commercial Investment Opportunity

      Five buildings, 27,624 sqft, 2.4 acres, fully leased.
      205 Otto St, Port Townsend, WA 98368
      View Details
    • $175,000

      Vacant Lot with Bay Views

      Build your dream home with stunning views and community amenities.
      85 Quinault Loop, Port Townsend, WA 98368
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      5,600 SF

      Industrial Buildings Under Construction

      Two industrial buildings (5,600 SF) available for lease.
      30-32 Louisa St, Port Townsend, WA 98368
      View Details
    • Contact for pricing
      5,254 SF

      Port Townsend Office Space Available

      Office space available for rent in Port Townsend, Washington.
      1322 Washington St, Port Townsend, WA 98368
      View Details
    • $4,750 /Mo
      5,450 SF

      Aircraft Hangar with Office Space

      Commercial aircraft hangar with high-end amenities and office space for lease.
      191 Airport Rd, Port Townsend, WA 98368
      View Details
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    1051 Hancock St
    Port Townsend, WA 98368-2356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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