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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Apartment buildings
1817 54th St E Ct Auburn, WA 98092
Individually Owned
6-yr Hold
Property ID
US90-1591118
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
FRAME
Total area
4,440 SF
Lot
0.24 ac (10,450 SF)
Zoning code
MDR
APN
9670000018
UPID
US90-1591118
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
$712k
Blend (final)
Blend
$520k
Owner & transaction history
Joann Whetstine · 6 yrs held
Joann Whetstine
since 2019
7 recorded transactions
Zoning & alternative use
MDR · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$520k
Range $468k – $572k · ±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
$117 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,432
Tax year 2024
Assessed value
$815,500
Assessed 2024
Previous assessed
$815,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$229,200
Assessed improvement
$586,300
Land market value
$229,200
Improvement market value
$586,300
Total market value
$815,500
Applied tax rate
117.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1977
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Total area
4,440 SF
Lot
0.24 ac (10,450 SF)
Zoning code
MDR
APN
9670000018
UPID
US90-1591118
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MDR · Auburn, WAZoning MDR · permitted uses
MDR · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
6
Lot
0.24 ac
Current owner
From public records · entity-resolved
Joann Whetstine
Individual
Mailing address
1157 57TH DR SE, AUBURN, WA 98092-8720
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
$721,000
Joann Whetstine
Mario Padilla
Warranty Deed
$531,000 · Mortgage Master Service Corp
May 3, 2007
$479,900
Mario Padilla
Ikaika LLC
Warranty Deed
$422,910 · Indymac Bank Fsb
Aug 16, 2005
—
Ikaika LLC
Hong,clement & Felicia
Quit Claim Deed
related
—
May 11, 2005
—
Clement Hong
Ikaika LLC
Quit Claim Deed
related
—
Feb 2, 2005
—
Ikaika LLC
Hong,clement & Felicia
Quit Claim Deed
related
—
Jan 21, 2005
$395,000
Hong Clement
John K Tam
Warranty Deed
$316,000 · Lehman Brothers Bank Fsb
Jan 21, 2003
$264,500
John K Tam
Jacobs,mike C & Beverly J
Grant Deed
$185,000 · Bank Of America
Aug 23, 1989
$124,000
Twyla G Davidson
Unknown
Grant Deed
$86,800 · Fleet Funding Corp
—
—
Clement Hong
—
Deed Of Trust
related
$356,000 · Paul Financial LLC
—
—
Twyla G Davidson
—
Deed Of Trust
related
$120,900 · Long Beach Mortgage Co
—
—
John K Tam
—
Deed Of Trust
related
$185,000 · Bank Of America
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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