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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Apartment buildings
12109 114th Ave E Ct Puyallup, WA 98374-2872
Individually Owned
1-yr Hold
Property ID
US90-3179475
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
FRAME
Total area
2,754 SF
Lot
0.42 ac (18,295 SF)
Zoning code
MSF
APN
419108004
UPID
US90-3179475
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Kiana Rose Shui · 1 yrs held
Kiana Rose Shui
since 2024
Last sale
$924,600
7 recorded transactions
Zoning & alternative use
MSF · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+122.7%
Auto repair, garage
$1.1M
+101.6%
Commercial (general)
$1.0M
+94.6%
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 Puyallup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Puyallup 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
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,175,000
Change: +123% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: +102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,025,000
Change: +95% · Conversion: Moderate
RETAIL STORES
$855,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$755,000
Change: +43% · Conversion: Moderate
WAREHOUSE, STORAGE
$700,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (Sep 13 2024)
Last sale anchor
$925k
Sep 13 2024
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
$336 / 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
$7,377
Tax year 2024
Assessed value
$673,700
Assessed 2024
Previous assessed
$673,700
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$217,800
Assessed improvement
$455,900
Land market value
$217,800
Improvement market value
$455,900
Total market value
$673,700
Applied tax rate
195.0000
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
1976
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
2,754 SF
Lot
0.42 ac (18,295 SF)
Zoning code
MSF
APN
419108004
UPID
US90-3179475
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MSF · Puyallup, WA
Zoning MSF · permitted uses
MSF · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Puyallup. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$855,000
MEDICAL BUILDING
Est. value
$755,000
WAREHOUSE, STORAGE
Est. value
$700,000
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1976
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.42 ac
Current owner
From public records · entity-resolved
Kiana Rose Shui
Individual
Mailing address
212 NE 129TH AVE NE, BELLEVUE, WA 98005-3315
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
$924,600
Kiana Rose Shui
12109 114th LLC
Warranty Deed
$878,750 · Rocket Mortgage LLC
Sep 22, 2020
—
12109 114th LLC
Allan Lipstein
Quit Claim Deed
related
—
Oct 28, 2019
$595,000
Allan Lipstein
Gtg Properties LLC
Warranty Deed
$446,250 · Guild Mortgage Co
May 11, 2018
$415,000
Gtg Properties LLC
Coffey,larry V & Anita M
Warranty Deed
—
May 22, 2009
—
Larry V Coffey
Coffey,logan D
Quit Claim Deed
related
—
Nov 30, 2001
$176,208
Logan D Coffey
Romans,michael L & Priscilla M
Grant Deed
$152,200 · Wells Fargo Home Mortgage INC
Dec 20, 1991
$136,364
Lucky Seven Investors INC
Unknown
Grant Deed
—
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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