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Property profile & analytics
OFF-MARKET
Estimated value
$315,000
Residential income homes
1460 40th W Sunset, UT 84015-2919
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0695272
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1972
Construction
FRAME
Total area
3,090 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-1
APN
13-079-0034
UPID
US86-0695272
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
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Brent Stoddard · 20 yrs held
Brent Stoddard
since 2006
1 recorded transaction
Zoning & alternative use
R-1 · Sunset, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Any use permitted in residential zone R-1. (Zoning Ord.; amd. Ord. 16-18-78, 6-22-1978; 1997 Code) Share Download Bookmark Print 10-5B-2: CONDITIONAL USES: The following uses shall be permitted only when authorized by a conditional use permit as provided in
Zone name
Residential
General category
RESIDENTIAL
Zone area
465.22 ac
Source
10-5B-1: PERMITTED USES:
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 Sunset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunset 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
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $284k – $347k · ±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
$102 / 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
$3,764
Tax year 2023
Assessed value
$344,300
Assessed 2023
Previous assessed
$344,300
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$75,255
Assessed improvement
$269,044
Land market value
$136,828
Improvement market value
$489,172
Total market value
$626,000
Applied tax rate
51.0000
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
1972
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,090 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-1
APN
13-079-0034
UPID
US86-0695272
Jurisdiction
DAVIS
Zoning & alternative use
R-1 · Sunset, UTZoning R-1 · permitted uses
R-1 · Sunset, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Any use permitted in residential zone R-1. (Zoning Ord.; amd. Ord. 16-18-78, 6-22-1978; 1997 Code) Share Download Bookmark Print 10-5B-2: CONDITIONAL USES: The following uses shall be permitted only when authorized by a conditional use permit as provided in
Zone name
Residential
General category
RESIDENTIAL
Zone area
465.22 ac
Source
10-5B-1: PERMITTED USES:
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Lot
0.37 ac
Current owner
From public records · entity-resolved
Brent Stoddard
Individual
Free & Clear · 20 yrs held
Mailing address
1219 N 2220TH W, CLINTON, UT 84015-8202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2006
—
Brent Stoddard
Stoddard,brent & Diane A
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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