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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Apartment buildings
960 Monmouth N Ave Monmouth, OR 97361-1053
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US71-0399964
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2003
Total area
6,720 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RH
APN
08524-DD-03400
UPID
US71-0399964
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
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Feudo,cecily R Trust · 12 yrs held
Feudo,cecily R Trust
since 2014
7 recorded transactions
Zoning & alternative use
RH · Monmouth, OR
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 Monmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,045,000
Current use
RETAIL STORES
$890,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
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
$120 / 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
$11,130
Tax year 2023
Assessed value
$610,920
Assessed 2023
Previous assessed
$593,130
+3.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$46,280
Assessed improvement
$564,640
Land market value
$151,900
Improvement market value
$909,680
Total market value
$1,061,580
Applied tax rate
1,301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2003
Heating
BASEBOARD
Buildings
6
Stories
1
Rooms
16
Bathrooms
8
Total area
6,720 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RH
APN
08524-DD-03400
UPID
US71-0399964
Jurisdiction
POLK
Zoning & alternative use
RH · Monmouth, OR
Zoning RH · permitted uses
RH · Monmouth, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
BASEBOARD
Stories
1
Buildings
6
Rooms
16
Bathrooms
8
Lot
0.31 ac
Current owner
From public records · entity-resolved
Feudo,cecily R Trust
Trust
Mailing address
970 NW HIGHLAND TER AVE #12, CORVALLIS, OR 97330-9705
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2014
$610,000
Feudo,cecily R Trust
Dc Barnes Rentals LLC
Warranty Deed
—
Apr 1, 2009
$565,000
Dc Barnes Rentals LLC
Fife Rental Property LLC
Warranty Deed
$515,000 · Wolf 1995 Family Trust (tr)
Jun 22, 2004
—
James W Fowler
—
Trustees Deed
related
$524,000 · Willamette Valley Bank
May 30, 2003
$124,900
James W Fowler
Wagman,lyle F
Grant Deed
$130,000 · Willamette Valley Bank
—
—
Dc Barnes Rentals LLC
—
Deed Of Trust
related
$250,000 · Wolf 1995 Family Trust (pt)
—
—
Dc Barnes Rentals LLC
—
Deed Of Trust
related
$250,000 · Wolf 1995 Family Trust (pt)
—
—
James W Fowler
—
Deed Of Trust
related
$356,000 · Willamette Valley Bank
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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