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    Property profile & analytics

    885 Sommerville Loop, Unit 29 Harrisburg, OR 97446-9577

    • Apartment buildings
    • 34,486 SF
    • 2.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2025
    Location Intelligence
    Property ID
    US71-0918777
    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

    • Kidco Head Start - Harrisburg / Preschool
    • Sommerville Place Apartments # 10 / Apartment Building

    Property Details for 885 Sommerville Loop

    Year built
    1998
    Lot size
    2.77 lot acres
    Property size
    34,486 SF
    Property type
    Apartment buildings
    APN
    15S 04W 15CB 03500
    APU
    15S04W15CB03500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Linn
    State
    Oregon
    Longitude
    -123.16
    Latitude
    44.2665
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, OR 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
    2023
    $16,245
    $0.00
    $0.00
    $889,700
    -
    $532,120
    $2,325,330
    $2,857,450

    Comparable in this City

    • Value Estimation by Request
      15,054 SF

      780 2nd St

      APARTMENT HOUSE (5+ UNITS) • 15,054 SF
      780 2nd St, Harrisburg, OR 97446-9673
      View Details
    • Value Estimation by Request
      4,532 SF

      225 Lasalle St

      APARTMENT HOUSE (5+ UNITS) • 4,532 SF
      225 Lasalle St, Harrisburg, OR 97446-9635
      View Details
    • Value Estimation by Request
      3,358 SF

      225 Fountain St

      APARTMENT HOUSE (5+ UNITS) • 3,358 SF
      225 Fountain St, Harrisburg, OR 97446-9636
      View Details
    • Value Estimation by Request
      9,208 SF

      580 3rd St

      APARTMENT HOUSE (5+ UNITS) • 9,208 SF
      580 3rd St, Harrisburg, OR 97446-9637
      View Details
    • Value Estimation by Request
      9,208 SF

      Harrisburg, OR 97446

      APARTMENT HOUSE (5+ UNITS) • 9,208 SF
      Harrisburg, OR 97446
      View Details
    • Value Estimation
      $690,000
      7,070 SF

      23475 Hwy 99th E

      APARTMENT HOUSE (5+ UNITS) • 7,070 SF
      23475 Hwy 99th E, Harrisburg, OR 97446-9767
      View Details

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      Restaurant building with long-term tenant in Harrisburg, Oregon.
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      160.56 acres of farmland with water rights in Harrisburg, Oregon.
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    885 Sommerville Loop, Unit 29
    Harrisburg, OR 97446-9577
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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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