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    Property profile & analytics

    198 Cherry Ln Morton, WA 98356

    • Apartment buildings
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0572032
    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 198 Cherry Ln

    Property type
    Apartment buildings
    APN
    8493029015
    APU
    8493029015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Lewis
    State
    Washington
    Longitude
    -122.29
    Latitude
    46.5609
    CBSA code
    16500
    CBSA name
    CENTRALIA, WA 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
    2024
    $1,424
    $37,600
    $185,900
    $223,500
    -
    $37,600
    $185,900
    $223,500

    Comparable in this City

    • Value Estimation by Request
      2,583 SF

      302 1st St

      APARTMENT HOUSE (5+ UNITS) • 2,583 SF
      302 1st St, Morton, WA 98356-1105
      View Details
    • Value Estimation
      $270,000
      1,680 SF

      379 Westlake Ave

      APARTMENT HOUSE (5+ UNITS) • 1,680 SF
      379 Westlake Ave, Morton, WA 98356-9426
      View Details
    • Value Estimation by Request

      200 Cherry Ln

      APARTMENT HOUSE (5+ UNITS)
      200 Cherry Ln, Morton, WA 98356-9755
      View Details
    • Value Estimation by Request
      1,104 SF

      2675 C Frst Service 74th Rd

      CAMPGROUND, RV PARK • 1,104 SF
      2675 C Frst Service 74th Rd, Morton, WA 98356
      View Details
    • Value Estimation by Request
      4,800 SF

      State Rte 7th 7

      CAMPGROUND, RV PARK • 4,800 SF
      State Rte 7th 7, Morton, WA 98356
      View Details
    • Value Estimation
      $325,000
      520 SF

      155 Chapman Rd

      MOBILE HOME PARK, TRAILER PARK • 520 SF
      155 Chapman Rd, Morton, WA 98356-9724
      View Details

    Similar Nearby for Sale

    • $450,000
      25.86 Acres

      Land with Hill Views

      Large land parcel with potential for timber or home site.
      Highland Valley Rd, Morton, WA 98356
      View Details
    • $160,000

      Buildable Lot Near Mt. Rainier

      7,841 sq ft lot near Mt. Rainier National Park.
      109 Big Creek Rd, Ashford, WA 98356
      View Details
    • $650,000
      3,132 SF

      Morton Commercial Building For Sale

      3,200 SF commercial building in Morton, Washington.
      812 Westlake Ave, Morton, WA 98356
      View Details
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    198 Cherry Ln
    Morton, WA 98356
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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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