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    Property profile & analytics

    10211 47th SW Ave Lakewood, WA 98499-3801

    • Apartment buildings
    • 10,584 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 05, 2024
    $2,800,000
    Location Intelligence
    Property ID
    US90-1608269
    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

    • Apartment buildings

    Property Details for 10211 47th SW Ave

    Year built
    1980
    Construction
    WOOD FRAME
    Lot size
    0.63 lot acres
    Property size
    10,584 SF
    Zone code
    MF1
    Property type
    Apartment buildings
    APN
    219012043
    APU
    219012043

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.499
    Latitude
    47.1647
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN 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
    2024
    $22,396
    $1,261,000
    $796,400
    $2,057,400
    -
    $1,261,000
    $796,400
    $2,057,400

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      3502 92nd S St

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    • Value Estimation by Request
      7,448 SF

      12715 Bridgeport SW Way

      APARTMENT HOUSE (5+ UNITS) • 7,448 SF
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    • Value Estimation by Request
      9,168 SF

      7619 Cody W St

      APARTMENT HOUSE (5+ UNITS) • 9,168 SF
      7619 Cody W St, Tacoma, WA 98499-8654
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    • Value Estimation by Request
      5,560 SF

      10603 Kendrick SW St

      APARTMENT HOUSE (5+ UNITS) • 5,560 SF
      10603 Kendrick SW St, Lakewood, WA 98499-4296
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    • Value Estimation by Request
      4,284 SF

      10607 47th SW Ave

      APARTMENT HOUSE (5+ UNITS) • 4,284 SF
      10607 47th SW Ave, Lakewood, WA 98499-3701
      View Details
    • Value Estimation by Request
      5,648 SF

      3415 92nd S St

      APARTMENT HOUSE (5+ UNITS) • 5,648 SF
      3415 92nd S St, Lakewood, WA 98499-9274
      View Details

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    Similar Nearby for Lease

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      5,880 SF flex space with high visibility and great access.
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      Sublease opportunity with excellent location and easy freeway access.
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      Retail space featuring a high-quality small office build-out.
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    10211 47th SW Ave
    Lakewood, WA 98499-3801
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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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