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    Property profile & analytics

    1640 Blue Horizon Dr Morgantown, WV 26501-2424

    • Garden apartment buildings
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US94-0482084
    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

    • Garden apartment buildings

    Property Details for 1640 Blue Horizon Dr

    Lot size
    0.28 lot acres
    Property type
    Garden apartment buildings
    APN
    31-03- 8-0053.0003
    APU
    3103800530003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -80.0416
    Latitude
    39.6943
    CBSA code
    34060
    CBSA name
    MORGANTOWN, WV 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
    $4,640
    $52,380
    $165,360
    $217,740
    -
    $87,300
    $275,600
    $362,900

    Comparable in this City

    • Value Estimation by Request
      0.22 Acres

      50 Breezy Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.22 Acres
      50 Breezy Dr, Morgantown, WV 26501-2044
      View Details
    • Value Estimation
      $145,000
      0.19 Acres

      404 Dunkard Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.19 Acres
      404 Dunkard Ave, Westover, WV 26501-0096
      View Details
    • Value Estimation
      $275,000
      0.87 Acres

      10 Breezy Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.87 Acres
      10 Breezy Dr, Morgantown, WV 26501
      View Details
    • Value Estimation
      $260,000
      2,868 SF

      420 Brockway Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,868 SF
      420 Brockway Ave, Morgantown, WV 26501-6186
      View Details
    • Value Estimation
      $280,000
      0.08 Acres

      550 Brockway Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
      550 Brockway Ave, Morgantown, WV 26501-0100
      View Details
    • Value Estimation
      $350,000
      0.34 Acres

      8-10 Park Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.34 Acres
      8-10 Park Ave, Westover, WV 26501
      View Details

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    Similar Nearby for Lease

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    1640 Blue Horizon Dr
    Morgantown, WV 26501-2424
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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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