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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Apartment buildings
12214 105th Ave E Ct Puyallup, WA 98374-2631
Individually Owned
Property ID
US90-0801075
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
FRAME
Total area
4,928 SF
Lot
0.37 ac (16,117 SF)
Zoning code
HSF
APN
5792500020
UPID
US90-0801075
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
$915k
Comparable Approach
Comparable
$889k
Blend (final)
Blend
$915k
Owner & transaction history
Alan O Saavedra
Alan O Saavedra
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HSF · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+43.5%
Warehouse, storage
$1.3M
+32.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$995,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$945,000
Current use
MEDICAL BUILDING
$1,355,000
Change: +43% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,250,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $1.21M (Jun 18 2025)
Last sale anchor
$1.21M
Jun 18 2025
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
$186 / 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
$12,286
Tax year 2024
Assessed value
$1,139,600
Assessed 2024
Previous assessed
$1,139,600
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$211,000
Assessed improvement
$928,600
Land market value
$211,000
Improvement market value
$928,600
Total market value
$1,139,600
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
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
8
Total area
4,928 SF
Lot
0.37 ac (16,117 SF)
Zoning code
HSF
APN
5792500020
UPID
US90-0801075
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
HSF · Puyallup, WA
Zoning HSF · permitted uses
HSF · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
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
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
8
Lot
0.37 ac
Current owner
From public records · entity-resolved
Alan O Saavedra
Individual
Mailing address
1900 S PUGET DR STE #203, RENTON, WA 98055-4418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
—
Alan O Saavedra
Krystal Gonzalez
Quitclaim Deed
related
—
Sep 18, 2025
$1,212,000
Alan Gonzalez Saavedra
Dimension Townhouses LLC
Bargain & Sale Deed
$909,000 · Barrett Financial Group LLC
Nov 30, 2018
—
Dimension Townhouses LLC
—
Deed
related
$565,000 · Red Canoe Cu
Aug 1, 2018
—
Dimension Townhouses LLC
Eastside Funding LLC
Quit Claim Deed
related
—
Aug 1, 2018
$539,249
Dimension Townhouses LLC
Trustee Corps|miller,carl J
Trustees Deed
related
—
Mar 1, 1996
$245,000
Carl J Millerr
Shelton,frederic J & Nancy L
Grant Deed
$210,000 · Seller
—
—
Dimension Townhouses LLC
—
Deed Of Trust
related
$565,000 · Red Canoe Cu
—
—
Carl J Miller
—
Deed Of Trust
related
$235,000 · Household Finance Corp III
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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