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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Apartment buildings
1020 Panorama Dr Fircrest, WA 98466-6510
Individually Owned
10-yr Hold
Property ID
US90-0518640
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Construction
FRAME
Total area
4,632 SF
Lot
0.25 ac (10,766 SF)
Zoning code
R20
APN
7267400021
UPID
US90-0518640
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
$530k
Owner & transaction history
Bennet M Barlean · 10 yrs held
Bennet M Barlean
since 2015
7 recorded transactions
Zoning & alternative use
R20 · Fircrest, 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 Fircrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fircrest 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,054
Tax year 2024
Assessed value
$1,055,300
Assessed 2024
Previous assessed
$1,055,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$299,400
Assessed improvement
$755,900
Land market value
$299,400
Improvement market value
$755,900
Total market value
$1,055,300
Applied tax rate
70.0000
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 (5+ UNITS)
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Total area
4,632 SF
Lot
0.25 ac (10,766 SF)
Zoning code
R20
APN
7267400021
UPID
US90-0518640
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R20 · Fircrest, WA
Zoning R20 · permitted uses
R20 · Fircrest, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fircrest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bennet M Barlean
Individual
Mailing address
1020 PANORAMA DR APT #1, FIRCREST, WA 98466-6510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Bennet Barlean
—
Deed
related
$32,343 · The Loan Store INC
Aug 26, 2025
—
Bennet Barlean
—
Deed
related
$32,343 · The Loan Store INC
Nov 2, 2020
—
Bennet M Barlean
—
Deed
related
$391,000 · Paramount Resid'l Mtg
Feb 14, 2018
—
Bennet M Barlean
—
Deed
related
$11,815 · Tacoma Power
Dec 14, 2015
$500,000
Bennet M Barlean
Livesay,marrell D
Warranty Deed
$327,750 · Boeing Emps Cu
Jun 28, 2002
$155,000
Dale R Ragland
Lee M Martin Estate
Grant Deed
$279,000 · Capitol Commerce Mortgage Co
Jun 28, 2002
$180,327
Marrell D Livesay
Lee M Martin Estate
Grant Deed
—
—
—
Marrell D Livesay
—
Deed Of Trust
related
$315,000 · Mylor Financial
—
—
Marrell D Livesay
—
Deed Of Trust
related
$296,847 · Citimortgage INC
—
—
Bennet M Barlean
—
Deed Of Trust
related
$11,815 · Tacoma Power
—
—
Bennet M Barlean
—
Deed Of Trust
related
$391,000 · Paramount Resid'l Mtg
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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