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Property profile & analytics
OFF-MARKET
Apartment buildings
2460 62nd E Ave Tacoma, WA 98424-3034
Trust Owned
2-yr Hold
Free & Clear
Property ID
US90-0455950
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD FRAME
Total area
2,784 SF
Lot
0.25 ac (10,819 SF)
Zoning code
HIGH DENSI
APN
2710000110
UPID
US90-0455950
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Deutsche Bank National Trust Compan · 2 yrs held
Deutsche Bank National Trust Compan
since 2024
7 recorded transactions
Zoning & alternative use
HIGH DENSI · Tacoma, 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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,256
Tax year 2024
Assessed value
$447,400
Assessed 2024
Previous assessed
$447,400
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$158,200
Assessed improvement
$289,200
Land market value
$158,200
Improvement market value
$289,200
Total market value
$447,400
Applied tax rate
66.0000
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 (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Units
4
Total area
2,784 SF
Lot
0.25 ac (10,819 SF)
Zoning code
HIGH DENSI
APN
2710000110
UPID
US90-0455950
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
HIGH DENSI · Tacoma, WA
Zoning HIGH DENSI · permitted uses
HIGH DENSI · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Deutsche Bank National Trust Compan
Trust
Free & Clear · 2 yrs held
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
$650,250
Deutsche Bank National Trust Compan
Alvin B White
Trustees Deed
related
—
May 8, 2019
—
Santamaria Noel
Sherwood 2460 Trust
Correction Deed
related
—
Feb 28, 2019
—
Santamaria Noel
Sherwood 2460 Trust
Correction Deed
related
—
Feb 20, 2019
—
Sherwood 2460 Trust
Oro Valley Holdings Co LLC
Quit Claim Deed
related
—
Dec 6, 2018
—
Sherwood 2460 Trust
Oro Valley Holdings Co LLC
Quit Claim Deed
related
—
Aug 23, 2017
—
2300 62nd Avenue Ptshp 3
White,alvin B
Quit Claim Deed
related
—
Jul 5, 2013
—
Michael Soderstrom
Oro Valley Holdings LLC
Grant Deed
—
Dec 10, 2012
—
Susan Bloomberg
Oro Valley Holdings Co LLC
Grant Deed
—
Jan 11, 2010
—
Oro Valley Holdings Co LLC
White,alvin
Quit Claim Deed
related
—
Mar 3, 2006
$318,033
Alvin B White
Carlson Diversified
Warranty Deed
$333,000 · Long Beach Mortgage Co
Nov 13, 1998
—
Carlson Diversified
—
Deed Of Trust
related
$1,700,000 · Union Capital Investments INC
Jun 24, 1988
$2,000,000
Diversified Carlson
Unknown
Grant Deed
—
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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