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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Apartment buildings
191 Mashell S Ave 197 Eatonville, WA 98328-7500
Individually Owned
5-yr Hold
Property ID
US90-1965314
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Construction
FRAME
Total area
5,524 SF
Lot
0.25 ac (10,808 SF)
APN
3605002631
UPID
US90-1965314
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$635k
Owner & transaction history
Herman Perkins · 5 yrs held
Herman Perkins
since 2020
Last sale
$666,152
7 recorded transactions
Zoning & alternative use
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 Eatonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatonville 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
$540,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $666k (Nov 17 2020)
Last sale anchor
$666k
Nov 17 2020
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
$115 / 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
$8,066
Tax year 2024
Assessed value
$891,500
Assessed 2024
Previous assessed
$891,500
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$125,000
Assessed improvement
$766,500
Land market value
$125,000
Improvement market value
$766,500
Total market value
$891,500
Applied tax rate
60.0000
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
2008
Construction
FRAME
Heating
BASEBOARD
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
10
Total area
5,524 SF
Lot
0.25 ac (10,808 SF)
APN
3605002631
UPID
US90-1965314
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
2008
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Bathrooms
10
Lot
0.25 ac
Current owner
From public records · entity-resolved
Herman Perkins
Individual
Mailing address
195 MASHELL AVE S, EATONVILLE, WA 98328-7500
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
—
Herman Perkins
—
Deed
related
$896,000 · Sun West Mortgage Company INC
Nov 17, 2020
$666,152
Herman Perkins
Sprout Properties LLC
Warranty Deed
$775,000 · Fairway Independent Mortgage Corp
Feb 28, 2020
—
Sprout Properties LLC
—
Deed
related
$359,000 · First Financial Northwest Bank
Feb 11, 2015
$153,144
Sprout Properties LLC
Bazemore,brandon
Grant Deed
$1,065,000 · B2r Fin
Mar 4, 2013
—
Brandon Bazemore
Bazemore,sandi
Quit Claim Deed
related
—
Mar 4, 2013
$300,000
Brandon Bazemore
Washington Fedl S & L
Grant Deed
$303,101 · Eastside Funding LLC
—
—
Brandon T Bazemore
—
Deed Of Trust
related
$45,000 · Bariloche LLC
—
—
Brandon Bazemore
—
Deed Of Trust
related
$303,101 · Eastside Funding LLC
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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