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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Apartment buildings
34231 Riverside SW Dr, Albany, OR 97321-9422
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0560007
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD FRAME
Total area
2,108 SF
Lot
1.74 ac (75,794 SF)
APN
11S 04W 33B 00700
UPID
US71-0560007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$696k
Blend (final)
Blend
$705k
Owner & transaction history
Brian Davidson · 5 yrs held
Brian Davidson
since 2020
Last sale
$710,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $710k (Jul 9 2020)
Last sale anchor
$710k
Jul 9 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$334 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,548
Tax year 2023
Assessed value
$567,600
Assessed 2023
Previous assessed
$551,070
+3.0% YoY
Effective rate
1.51%
On assessed value
Land market value
$241,030
Improvement market value
$485,960
Total market value
$726,990
Applied tax rate
50,903.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Rooms
6
Bathrooms
3
Total area
2,108 SF
Lot
1.74 ac (75,794 SF)
APN
11S 04W 33B 00700
UPID
US71-0560007
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Rooms
6
Bathrooms
3
Lot
1.74 ac
Current owner
From public records · entity-resolved
Brian Davidson
Individual
Mailing address
401 LINCOLN ST, EVERSON, WA 98247-9130
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
$710,000
Brian Davidson
Steve Wagoner
Warranty Deed
$400,000 · Bank Of The Pacific
Apr 29, 2016
$350,000
Steve Wagoner
Seleen Stanley R Trust
Warranty Deed
$304,500 · Precision Cap
Aug 4, 2015
—
Stanley R Seleen
Riverside Village LLC
Deed In Lieu Of Foreclosure
related
—
Dec 7, 2009
—
Riverside Drive Trust
Home Solutions INC
Warranty Deed
related
—
Dec 1, 2009
$180,000
Home Solutions INC
Partridge Trust
Warranty Deed
$350,000 · Stanley R Seleen
—
—
Helen L Partridge
—
Deed Of Trust
related
$90,000 · Us Bank NA Nd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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