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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Residential income homes
1280 High St Auburn, CA 95603-5023
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US09-7175729
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1961
Construction
WOOD
Total area
2,918 SF
Lot
0.24 ac (10,413 SF)
Zoning code
R3
APN
002-240-040-000
UPID
US09-7175729
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
$650k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$650k
Owner & transaction history
David Walters · 1 yrs held
David Walters
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
R3 · Auburn, CA
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$760,000
7%
$705,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Aug 22 2024)
Last sale anchor
$650k
Aug 22 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
$223 / 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
$11,524
Tax year 2024
Assessed value
$840,000
Assessed 2024
Previous assessed
$840,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$250,000
Assessed improvement
$590,000
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Units
4
Total area
2,918 SF
Lot
0.24 ac (10,413 SF)
Zoning code
R3
APN
002-240-040-000
UPID
US09-7175729
Jurisdiction
PLACER
Zoning & alternative use
R3 · Auburn, CA
Zoning R3 · permitted uses
R3 · Auburn, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Units
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
David Walters
Individual
Mailing address
19440 BRINDLE PONY RD, PENN VALLEY, CA 95946-9302
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
—
David Walters
—
Deed
related
$450,000 · Homexpress Mortgage Corp
Aug 22, 2024
—
David Walters
David R Walters
Intrafamily Transfer
related
$278,000 · Hometown Equity Mortgage
Aug 4, 2023
—
David Walters
—
Deed
related
$100,000 · Sequoia Loan Servicing INC
Apr 23, 2015
—
Walters,david 2007 Trust
Walters David R
Quit Claim Deed
related
—
Apr 21, 2015
—
David R Walters
David Walters
Intrafamily Transfer
related
$273,500 · Wells Fargo Bank NA
Oct 2, 2013
—
David L Walters
Rose P M Family Trust
Quit Claim Deed
—
Sep 6, 2006
—
Rose Patricia M Family Trust
Walters,david
Grant Deed
related
—
Mar 11, 2005
$650,000
David Walters
Lauterer,arthur R
Grant Deed
$375,000 · Bank Of America
Jul 31, 1996
$170,000
Arthur R Lauteur
Donovan,morgan
Quit Claim Deed
related
$163,950 · Seller
Jul 31, 1996
—
Mark Donovan
Donovan,gaye
Quit Claim Deed
related
—
May 23, 1996
$15,000
Mark Donovan
Courier,paul J & Jean M
Quit Claim Deed
related
—
—
—
Arthur R Lauterer
—
Deed Of Trust
related
$228,750 · Wells Fargo Home Mortgage INC
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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