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Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Apartment buildings
1001 Marine Vw Dr Everett, WA 98201-2171
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0349966
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2006
Construction
WOOD
Total area
107,880 SF
Lot
4.22 ac (183,823 SF)
Zoning code
FR
APN
29051700100500
UPID
US90-0349966
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
Current use
Occupant on record · Public records
-
Vintage at Everett Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.30M
Owner & transaction history
Vintage At Everett 2 LP · 2 yrs held
Vintage At Everett 2 LP
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
FR · Everett, WA
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$2,385,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±10% · vs last sale $2.19M (Nov 30 2023)
Last sale anchor
$2.19M
Nov 30 2023
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
$21 / 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
Assessed value
$33,618,000
Assessed 2023
Previous assessed
$28,490,000
+18.0% YoY
Assessed land
$2,941,000
Assessed improvement
$30,677,000
Land market value
$2,941,000
Improvement market value
$30,677,000
Total market value
$33,618,000
Applied tax rate
10.0000
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 (100+ UNITS)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
2
Total area
107,880 SF
Lot
4.22 ac (183,823 SF)
Zoning code
FR
APN
29051700100500
UPID
US90-0349966
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
FR · Everett, WA
Zoning FR · permitted uses
FR · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
4.22 ac
Current owner
From public records · entity-resolved
Vintage At Everett 2 LP
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
—
Vintage At Everett 2 LP
Vintage At Everett LP
Intrafamily Transfer
related
$37,500,000 · Citibank NA
Jan 15, 2021
—
Vintage At Everett LP
—
Deed
related
$33,475,000 · Citibank NA
Jun 30, 2004
$2,190,000
Vintage At Everett LP
Mastro,michael R
Grant Deed
$17,750,000 · Federal National Mortgage Assn
Jun 29, 2004
—
Everett City (wa)
Mastro,michael R
Grant Deed
related
—
Dec 8, 2003
$1,164,476
Michael R Mastro
Stockton,ann M & Steffen E
Trustees Deed
—
Aug 26, 1999
$1,225,000
Steffen E Jacobsen
Scarib Holdings Ltd
Grant Deed
$925,000 · Seller
—
—
Vintage At Everett LP
—
Deed Of Trust
related
$17,750,000 · Us Bank NA
—
—
Steffen E Jacobson
—
Deed Of Trust
related
$1,265,000 · Frontier Bank
—
—
Vintage At Everett LP
—
Deed Of Trust
related
$200,000 · Us Bank NA
—
—
Steffen E Jacobson
—
Deed Of Trust
related
$386,000 · Individual
—
—
Michael R Mastro
—
Deed Of Trust
related
$350,000 · Commerce Bank
—
—
Vintage At Everett LP
—
Deed Of Trust
related
$200,000 · Gmac Commercial Mortgage Corp
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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