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Property profile & analytics
OFF-MARKET
Apartment buildings
127 21st SW Ave Puyallup, WA 98371-7490
Individually Owned
10-yr Hold
Property ID
US90-0875925
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1990
Total area
1,320 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RM-20
APN
420334120
UPID
US90-0875925
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
by Request
Owner & transaction history
Jason E Hall · 10 yrs held
Jason E Hall
since 2015
7 recorded transactions
Zoning & alternative use
RM-20 · Puyallup, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,513
Tax year 2024
Assessed value
$349,400
Assessed 2024
Previous assessed
$349,400
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$232,300
Assessed improvement
$117,100
Land market value
$232,300
Improvement market value
$117,100
Total market value
$349,400
Applied tax rate
96.0000
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
1990
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
1,320 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RM-20
APN
420334120
UPID
US90-0875925
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RM-20 · Puyallup, WA
Zoning RM-20 · permitted uses
RM-20 · 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.
Building & site characteristics
From public records
Year built
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Jason E Hall
Individual
Mailing address
127 21ST AVE SW, PUYALLUP, WA 98371-7490
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
—
Jason E Hall
—
Deed
related
$227,000 · Quicken Loans LLC
Apr 1, 2020
—
Jason E Hall
—
Deed
related
$35,000 · Umpqua Bank
Apr 19, 2019
—
Jason E Hall
—
Deed
related
$248,000 · Evergreen Moneysource Mortgage Co
Oct 16, 2015
$218,219
Jason E Hall
Christopher Edminster
Warranty Deed
$214,541 · Evergreen Moneysource Mortgage Co
Aug 6, 2015
—
Christopher Edminster
Meridian Medical Properties Ll
Quit Claim Deed
related
—
Dec 22, 2009
—
Meridian Medical Props LLC
Edminster,christopher & Michele
Quit Claim Deed
related
—
May 28, 1999
$114,500
Christopher Edminster
Oleary,valerie
Grant Deed
$91,600 · City Bank
Nov 14, 1997
$84,959
Hud
Countrywide Home Loans INC
Grant Deed
related
—
Aug 27, 1997
$86,938
Countrywide Home Loans INC
H & L Services INC
Trustees Deed
related
—
Jun 2, 1994
—
Hud
Us Bancorp Mortg
Grant Deed
related
—
Sep 24, 1991
$79,700
Todd C Thomas
Pellessier,antho
Grant Deed
$79,977 · Us Bancorp Mortgage Corp
—
—
Anthony Pellessier
—
Deed Of Trust
related
$121,009 · Washington Mutual Fsb
—
—
Chris A Edminster
—
Deed Of Trust
related
$85,000 · Bank Of America
—
—
Christopher Edminster
—
Deed Of Trust
related
$30,000 · Bank Of America
—
—
Chris A Edminster
—
Deed Of Trust
related
$75,000 · Bank Of America
—
—
Jesus M Landron
—
Deed Of Trust
related
$86,938 · Countrywide Funding Corp
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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