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Property profile & analytics
OFF-MARKET
Apartment buildings
143 4th NW Ave Puyallup, WA 98371-4386
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0548986
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1905
Construction
FRAME
Total area
2,769 SF
Lot
0.26 ac (11,500 SF)
Zoning code
RM-CORE
APN
420281115
UPID
US90-0548986
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
143 Puyallup House LLC · 3 yrs held
143 Puyallup House LLC
since 2023
Last sale
$209,050
7 recorded transactions
Zoning & alternative use
RM-CORE · 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
$6,402
Tax year 2024
Assessed value
$647,900
Assessed 2024
Previous assessed
$647,900
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$212,300
Assessed improvement
$435,600
Land market value
$212,300
Improvement market value
$435,600
Total market value
$647,900
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
1905
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
2,769 SF
Lot
0.26 ac (11,500 SF)
Zoning code
RM-CORE
APN
420281115
UPID
US90-0548986
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RM-CORE · Puyallup, WA
Zoning RM-CORE · permitted uses
RM-CORE · 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
1905
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
143 Puyallup House LLC
Entity
Mailing address
420 N MERIDIAN B STE B, PUYALLUP, WA 98371-8629
Ownership since
2023
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 27, 2023
—
143 Puyallup House LLC
Arnold Mortzheim
Quit Claim Deed
related
—
Jun 13, 2012
—
Arnold Mortzheim
Mortzheim,diane
Quit Claim Deed
related
—
Jun 13, 2012
$209,050
Arnold Mortzheim
Hud-housing Of Urban Dev
Warranty Deed
—
Dec 23, 2011
$464,490
Hud-housing Of Urban Dev
Citimortgage INC
Warranty Deed
—
Jun 9, 2011
$504,844
Citimortgage INC
Cal-wstn Reconveyance Corp Of Wa
Trustees Deed
related
—
May 21, 1999
$192,000
Tessa Kravitz
Lehman,norman H & Louise I
Grant Deed
$190,696 · Eagle Home Mortgage Co
—
—
Norman H Lehman
—
Deed Of Trust
related
$120,000 · Good Ward Corp
—
—
Tessa D Kravitz
—
Deed Of Trust
related
$473,343 · Piedmont Aviation Cu
—
—
Norman N Lehman
—
Deed Of Trust
related
$146,000 · American Loan Centers
—
—
Norman H Lehman
—
Deed Of Trust
related
$51,500 · Washington Mutual Fsb
—
—
Tessa D Kravitz
—
Deed Of Trust
related
$246,500 · Ameriquest Mortgage Corp
—
—
Tessa D Kravitz
—
Deed Of Trust
related
$104,000 · Usaa Fsb
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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