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298 Martin Way

Monmouth, OR 97361

3 bd 3 ba 1,794 sqft Built 1983 Lot 9,598 sqft single_family
Most recent sale
$410,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $410,000 Public Record
Jul 25, 2022 Price changed $414,990 MLS #794780
Jul 2, 2022 Listed $429,990 MLS #794780
Sep 26, 2012 Sold $175,000 Public Record
Aug 22, 2012 Listing removed $179,900 Willamette
Jul 9, 2012 Price changed $179,900 MLS #653181
Jun 19, 2012 Price changed $189,900 MLS #653181
Jun 5, 2012 Listed $199,900 MLS #653181
Jul 2, 1986 Sold $56,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,980 $60,310 $242,290 $4,148
2023 $171,540 $56,850 $228,390 $4,160
2022 $166,540 $55,200 $221,740 $3,744
2021 $161,700 $53,590 $215,290 $3,701
2020 $156,990 $52,030 $209,020 $3,555
2019 $152,420 $50,520 $202,940 $3,452
2018 $147,980 $49,050 $197,030 $3,333
2017 $143,680 $47,620 $191,300 $3,315
2016 $139,490 $46,240 $185,730 $3,386
2015 $135,440 $44,890 $180,330 $3,222
2014 $131,490 $43,590 $175,080 $3,126
2013 $127,670 $42,320 $169,990 $2,891
2012 $123,950 $41,090 $165,040 $2,842
2011 $120,350 $39,890 $160,240 $2,755
2010 $116,850 $38,730 $155,580 $2,661
2009 $113,450 $37,600 $151,050 $2,670
2008 $110,150 $36,510 $146,660 $2,595
2007 $106,950 $35,440 $142,390 $2,616

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,794 sqft
Lot size
9,598 sqft
ZIP code
97361
City
Monmouth
Street
Martin Way
Coordinates
44.84650, -123.22243

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,588
Gross rental yield
10.50%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 298 Martin Way last sell?
298 Martin Way most recently sold on Aug 15, 2022 for $410,000.
What is the current tax assessment for 298 Martin Way?
The most recent total assessment for 298 Martin Way (year 2025) is $242,290 with $4,148 in property tax.
How does 298 Martin Way's assessment compare to its last sale price?
The current assessment is 40.9% below the last sale price of $410,000.
When was 298 Martin Way built?
298 Martin Way was built in 1983.
How does 298 Martin Way compare to others on Martin Way?
We track 8 other properties on Martin Way. Browse the list under "Other properties on Martin Way" to compare beds, baths, and sale history.
What are the property facts for 298 Martin Way?
298 Martin Way is a 3 bed, 3 bath, 1,794 sqft, 9,598 sqft lot single_family.
Is 298 Martin Way a flip candidate?
No — 298 Martin Way does not appear in our flips dataset.
Is 298 Martin Way a tax-appeal candidate?
No — 298 Martin Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q2
$543.3K
2026 Q3
$547.1K
ZIP 97361 — Median Price History + Forecast

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