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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Office buildings
1401 Hewitt Ave Everett, WA 98201
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-1728623
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1895
Construction
TYPE NOT SPECIFIED
Total area
19,200 SF
Lot
0.13 ac (5,663 SF)
Zoning code
F4
APN
439166900902
UPID
US90-1728623
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
$2.00M
Blend (final)
Blend
$3.10M
Owner & transaction history
Hoban Realty Interests LLC · 21 yrs held
Hoban Realty Interests LLC
since 2004
7 recorded transactions
Zoning & alternative use
F4 · Everett, 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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10%
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
$161 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,773
Tax year 2023
Assessed value
$2,895,000
Assessed 2023
Previous assessed
$2,570,000
+12.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$342,800
Assessed improvement
$2,552,200
Land market value
$342,800
Improvement market value
$2,552,200
Total market value
$2,895,000
Applied tax rate
10.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1895
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
4
Total area
19,200 SF
Lot
0.13 ac (5,663 SF)
Zoning code
F4
APN
439166900902
UPID
US90-1728623
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F4 · Everett, WA
Zoning F4 · permitted uses
F4 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1895
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Hoban Realty Interests LLC
Entity
Mailing address
2829 RUCKER AVE, EVERETT, WA 98201-3456
Ownership since
2004
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
Dec 30, 2004
$1,925,000
Hoban Realty Interests LLC
Marion LLC
Warranty Deed
$1,925,000 · Bank Of America
Feb 1, 2002
—
Marion LLC
—
Deed Of Trust
related
$1,010,805 · City Bank
Apr 7, 2000
—
Marion LLC
—
Deed Of Trust
related
$1,200,000 · City Bank
Dec 30, 1999
$955,056
Marion LLC
Peterson,fredrick
Trustees Deed
—
Dec 30, 1999
—
Peterson,fredrick
P D Properties INC
Trustees Deed
related
—
Jul 1, 1988
$180,000
—
—
Grant Deed
related
—
—
—
Hoban Realty Interests LLC
—
Deed Of Trust
related
$2,667,000 · Bank Of America
—
—
Marion LLC
—
Deed Of Trust
related
$491,335 · City Bank
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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