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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Hotels
20310 Old Owen Rd, Monroe, WA 98272-9751
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-0753194
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1945
Construction
WOOD
Total area
5,228 SF
Lot
3.42 ac (148,975 SF)
Zoning code
OE
APN
27070600103000
UPID
US90-0753194
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
-
Monroe Motel Hotel & Motel
-
LocateClick Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$540k
Owner & transaction history
Matthew Boland
Matthew Boland
since 2025
7 recorded transactions
Zoning & alternative use
OE · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$103 / 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
$8,574
Tax year 2023
Assessed value
$1,150,000
Assessed 2023
Previous assessed
$1,031,000
+11.5% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,037,900
Assessed improvement
$112,100
Land market value
$1,037,900
Improvement market value
$112,100
Total market value
$1,150,000
Applied tax rate
530.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
15
Rooms
5
Bathrooms
2
Total area
5,228 SF
Lot
3.42 ac (148,975 SF)
Zoning code
OE
APN
27070600103000
UPID
US90-0753194
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OE · Monroe, WA
Zoning OE · permitted uses
OE · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
15
Rooms
5
Bathrooms
2
Lot
3.42 ac
Current owner
From public records · entity-resolved
Matthew Boland
Individual
Mailing address
23453 SE DAYBREAK PL, MAPLE VALLEY, WA 98038-8252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
$600,000
Matthew Boland
Amarjit S Ghag
Quitclaim Deed
related
$600,000 · Mountain Pacific Bank
Nov 10, 2025
—
Matthew Boland
—
Deed
related
$600,000 · Mountain Pacific Bank
Jul 23, 2025
—
Amarjit S Ghag
Monroe Motel LLC
Quitclaim Deed
related
—
Jan 13, 2017
—
Monroe Motel LLC
Ghag,amarjit S & Amargit K
Quitclaim Deed
related
—
Mar 13, 1996
$125,000
Amarjit S Ghag
Sandhu,harchhinder S & Gian K
Quit Claim Deed
related
—
—
—
Amarjit S Ghag
—
Deed Of Trust
related
$177,485 · Frontier Bank
—
—
Amarjit S Ghag
—
Deed Of Trust
related
$128,948 · Prime Pacific Bank NA
—
—
Amarjit S Ghag
—
Deed Of Trust
related
$243,849 · Frontier Bank
—
—
Ararjit S Ghag
—
Deed Of Trust
related
$123,358 · Frontier 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.
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