Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Apartment buildings
14500 51st NE Ave Marysville, WA 98271-7503
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2400070
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2021
Construction
WOOD
Total area
117,532 SF
Lot
4.72 ac (205,603 SF)
Zoning code
NB
APN
31053300401100
UPID
US90-2400070
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
-
Remington Place Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Grandviews Remington Place Holdings · 2 yrs held
Grandviews Remington Place Holdings
since 2024
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
NB · Marysville, 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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jan 30 2024)
Last sale anchor
$600k
Jan 30 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
$5 / 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
$188,570
Tax year 2023
Assessed value
$28,994,700
Assessed 2023
Previous assessed
$28,994,700
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,392,400
Assessed improvement
$27,602,300
Land market value
$1,392,400
Improvement market value
$27,602,300
Total market value
$28,994,700
Applied tax rate
511.0000
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 (100+ UNITS)
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
3
Total area
117,532 SF
Lot
4.72 ac (205,603 SF)
Zoning code
NB
APN
31053300401100
UPID
US90-2400070
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Marysville, WA
Zoning NB · permitted uses
NB · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Lot
4.72 ac
Current owner
From public records · entity-resolved
Grandviews Remington Place Holdings
Entity
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
—
Grandviews Remington Place Holdings
Grandviews Remington Place LLC
Intrafamily Transfer
related
$23,250,000 · Pgim Real Estate Finance LLC
Apr 22, 2022
—
Grandviews Remington Place LLC
—
Deed
related
—
Oct 22, 2020
—
Grandviews Remington Place LLC
—
Deed Of Trust
related
$18,500,000 · Boxster I LLC
Sep 23, 2020
—
Grandviews Remington Place LLC
Grandview North LLC
Quit Claim Deed
related
—
Sep 28, 2018
$600,000
Grandview North LLC
Johnson,david B & Erin
Warranty Deed
$500,000 · David B & Erin Johnson
Jan 16, 2004
$60,000
David B Johnson
Webster,daniel A
Grant Deed
—
Mar 21, 2003
—
Daniel A Webster
51st Avenue Ne Marysville LLC
Quit Claim Deed
related
—
Mar 25, 2002
—
51st Avenue Ne Marysville LLC
Tager,sanford
Quit Claim Deed
related
—
Apr 6, 2001
$30,000
Sanford Tager
Bjarne A Olson Estate
Grant Deed
—
—
—
Daniel A Webster
—
Deed Of Trust
related
$80,000 · North County 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 14500 51st NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
