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    Property profile & analytics

    407 Marion Ave Washington, IA 52353-1922

    • Office buildings
    • 745 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1616725
    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

    • Office buildings

    Property Details for 407 Marion Ave

    Year built
    1872
    Lot size
    0.34 lot acres
    Property size
    745 SF
    Property type
    Office buildings
    APN
    11-17-161-005
    APU
    1117161005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.6934
    Latitude
    41.303
    CBSA code
    26980
    CBSA name
    IOWA CITY, IA 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
    2023
    $1,616
    $14,900
    $63,100
    $78,000
    -
    $14,900
    $63,100
    $78,000

    Comparable in this City

    • Value Estimation by Request
      1,026 SF

      1027 4th St

      OFFICE BUILDING • 1,026 SF
      1027 4th St, Washington, IA 52353-2243
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    • Value Estimation by Request
      16,766 SF

      501 Hwy 1st S

      OFFICE BUILDING • 16,766 SF
      501 Hwy 1st S, Washington, IA 52353-9782
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    • Value Estimation by Request
      12,524 SF

      220 Main St

      OFFICE BUILDING • 12,524 SF
      220 Main St, Washington, IA 52353
      View Details
    • Value Estimation by Request
      5,444 SF

      404 Main St

      OFFICE BUILDING • 5,444 SF
      404 Main St, Washington, IA 52353-1727
      View Details
    • Value Estimation by Request
      1,012 SF

      2048 155th St

      OFFICE BUILDING • 1,012 SF
      2048 155th St, Washington, IA 52353-9251
      View Details
    • Value Estimation
      $95,000
      1,840 SF

      105 Westview Dr

      OFFICE BUILDING • 1,840 SF
      105 Westview Dr, Washington, IA 52353-2946
      View Details

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    407 Marion Ave
    Washington, IA 52353-1922
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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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