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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Medical Office Space
1422 Seneca St, Seattle, WA 98101-2830
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1108073
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1949
Construction
WOOD
Total area
2,393 SF
Lot
0.09 ac (3,879 SF)
Zoning code
HR (M)
APN
197820-1241
UPID
US90-1108073
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
Current use
Occupant on record · Public records
-
Sutter Dental Care Dental Office
-
Dr. Edward G. Sutter Sr, DDS Dental Office
-
Dr. Herbert Selipsky, DDS Dental Office
-
LoveCityLove Hotel & Motel Resort
-
Linda Kim Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.34M
Owner & transaction history
14twenty LLC · 4 yrs held
14twenty LLC
since 2022
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
HR (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$3,005,000
ML approach
$2,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10% · vs last sale $3.70M (Mar 24 2022)
Last sale anchor
$3.70M
Mar 24 2022
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
$1,396 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$37,630
Tax year 2022
Assessed value
$2,134,400
Assessed 2022
Previous assessed
$2,134,400
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$2,133,400
Assessed improvement
$1,000
Land market value
$2,133,400
Improvement market value
$1,000
Total market value
$2,134,400
Applied tax rate
13.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
HOT WATER
Stories
1
Total area
2,393 SF
Lot
0.09 ac (3,879 SF)
Zoning code
HR (M)
APN
197820-1241
UPID
US90-1108073
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HR (M) · Seattle, WA
Zoning HR (M) · permitted uses
HR (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
HOT WATER
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
14twenty LLC
Entity
Mailing address
1631 15TH AVE W STE #205, SEATTLE, WA 98119-2795
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2022
$3,700,000
14twenty LLC
Maxby Properties LLC
Warranty Deed
$2,450,000 · Maxby Properties LLC
Mar 24, 2022
—
Jeffrey B Taraday
William S Taraday
Intrafamily Transfer
related
—
Dec 11, 2020
—
Maxby Properties LLC
William S Taraday
Correction Deed
related
—
Jan 6, 2020
—
Poppy Properties LLC
Maxby Properties LLC
Quit Claim Deed
related
—
Jan 26, 2005
—
Maxby Properties LLC
Taraday,william S & Barrie J
Quit Claim Deed
related
—
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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