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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Apartment buildings
119 170th E St, Spanaway, WA 98387-4928
Individually Owned
3-yr Hold
Property ID
US90-1056628
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1981
Construction
FRAME
Total area
3,744 SF
Lot
0.29 ac (12,425 SF)
Zoning code
MSF
APN
5025000836
UPID
US90-1056628
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
$840k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$840k
Owner & transaction history
Anthony C Crispo · 3 yrs held
Anthony C Crispo
since 2023
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
MSF · Spanaway, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+55.6%
Commercial (general)
$1.2M
+40.8%
Retail stores
$1.1M
+29.7%
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 Spanaway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spanaway 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
$795,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$885,000
Current use
AUTO REPAIR, GARAGE
$1,375,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$1,145,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,115,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$1,030,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $950k (Jun 30 2023)
Last sale anchor
$950k
Jun 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
$224 / 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
$9,347
Tax year 2024
Assessed value
$774,700
Assessed 2024
Previous assessed
$774,700
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$166,500
Assessed improvement
$608,200
Land market value
$166,500
Improvement market value
$608,200
Total market value
$774,700
Applied tax rate
591.0000
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
1981
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Total area
3,744 SF
Lot
0.29 ac (12,425 SF)
Zoning code
MSF
APN
5025000836
UPID
US90-1056628
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MSF · Spanaway, WA
Zoning MSF · permitted uses
MSF · Spanaway, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spanaway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1981
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Lot
0.29 ac
Current owner
From public records · entity-resolved
Anthony C Crispo
Individual
Mailing address
119 170TH ST E, SPANAWAY, WA 98387-4928
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2023
—
Anthony C Crispo
—
Deed
related
$701,250 · Sierra Pacific Mortgage Co INC
Jun 30, 2023
$950,000
Anthony C Crispo
Nikita Luzhnykh
Warranty Deed
$701,250 · Sierra Pacific Mortgage Co INC
Apr 27, 2022
$922,000
Nikita Luzhnykh
Moin A Shaikh
Warranty Deed
$875,000 · Michaek Manke Etux
Apr 27, 2022
—
Nikita Luzhnykh
Nadezhda Luzhnykh
Intrafamily Transfer
related
—
Aug 10, 2015
$335,719
Shaikh Moin
Robert J Overton
Warranty Deed
$252,000 · Us Bank NA
Feb 9, 2006
$320,000
Robert J Overton
Pratt,sanders J & Antoinette
Warranty Deed
$256,000 · Ctx Mortgage Co
May 25, 2005
—
Sanders J Pratt
Pratt,sanders J
Quit Claim Deed
related
$100,000 · Greenpoint Mortgage Funding
May 30, 1996
—
Sanders J Pratt
Pratt,sanders J
Quit Claim Deed
related
$144,015 · Guild Mortgage Co
May 15, 1991
$140,000
Sanders J Pratt
Unknown
Grant Deed
$141,400 · Sears Mortgage Corp
—
—
Sanders J Pratt
—
Deed Of Trust
related
$20,000 · Headlands Mortgage
—
—
Sanders J Pratt
—
Deed Of Trust
related
$143,440 · Amerigroup Mortgage Corp
—
—
Antoinette Pratt
—
Deed Of Trust
related
$146,000 · Washington Mutual Fsb
—
—
Sanders Pratt
—
Deed Of Trust
related
$143,950 · Stanwell Mortgage
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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