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    Property profile & analytics

    1616 Ellis Ct Port Orchard, WA 98367-8765

    • Office buildings
    • 6,626 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Aug 15, 2022
    $850,000
    Location Intelligence
    Property ID
    US90-0169601
    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

    • Sheri's Waxing & Skin / Waxing Hair Removal Service
    • Sheris waxing and skin / Spa
    • Sedona Beauty Co. / Beauty Salon
    • Sweet / Health And Beauty Shop

    Property Details for 1616 Ellis Ct

    Year built
    1999
    Lot size
    0.75 lot acres
    Property size
    6,626 SF
    Zone code
    IND
    Property type
    Office buildings
    APN
    4796-031-001-0004
    APU
    47960310010004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,075,000

    • CAP approach

      CAP return
      Estimation
      6%
      $765,000
      6.5%
      $815,000
      7%
      $885,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $860,000
      Geo Method
      $930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $800,000
      Retail
      $935,000
      Mixed-Use
      $705,000
      Hospitality
      $735,000
      Educational
      $950,000
      Residential Income
      $750,000
      Energy
      $830,000
      Income-Based Land
      $900,000
      Food Service
      $810,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.629
    Latitude
    47.4855
    CBSA code
    14740
    CBSA name
    BREMERTON-SILVERDALE, 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
    2024
    $6,172
    $143,740
    $606,410
    $750,150
    -
    $143,740
    $606,410
    $750,150

    Comparable in this City

    • Value Estimation
      $470,000
      4,400 SF

      1415 Lumsden Rd

      OFFICE BUILDING • 4,400 SF
      1415 Lumsden Rd, Port Orchard, WA 98367-9179
      View Details
    • Value Estimation
      $355,000
      1,636 SF

      1515 Vivian Ct

      OFFICE BUILDING • 1,636 SF
      1515 Vivian Ct, Port Orchard, WA 98367-6400
      View Details
    • Value Estimation by Request
      1,200 SF

      6549 Sidney SW Rd

      OFFICE BUILDING • 1,200 SF
      6549 Sidney SW Rd, Port Orchard, WA 98367-7341
      View Details
    • Value Estimation by Request
      1,768 SF

      1600 Leader International Dr

      PROFESSIONAL BUILDING • 1,768 SF
      1600 Leader International Dr, Port Orchard, WA 98367
      View Details
    • Value Estimation
      $390,000
      2,400 SF

      6700 Bethel SE Rd

      OFFICE BUILDING • 2,400 SF
      6700 Bethel SE Rd, Port Orchard, WA 98367-9522
      View Details
    • Value Estimation
      $530,000
      1,179 SF

      Port

      OFFICE (GENERAL) • 1,179 SF
      Port, Orchard, WA 98367
      View Details

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    1616 Ellis Ct
    Port Orchard, WA 98367-8765
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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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