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Property profile & analytics
OFF-MARKET
Estimated value
$6,015,000
Assisted living facilities
2821 Walden St Seattle, WA 98144-6830
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0200752
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1981
Construction
WOOD
Total area
78,210 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LR3 (M)
APN
162404-9040
UPID
US90-0200752
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
-
Washington Care Center Nursing Home
-
Deborah A. Anderson, OT Physician
-
Tzu-Yu Wang Physician
-
Suzanne Richmond Physician
-
Sue Ikai Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.02M
Owner & transaction history
Wcc Realty LLC · 6 yrs held
Wcc Realty LLC
since 2020
Last sale
$6.1M
4 recorded transactions
Zoning & alternative use
LR3 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district promotes multi family uses, in a variety of multifamily housing types in multifamily neighborhoods of moderate scale and density. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Lowrise Mandatory Housing Affordability
General category
RESIDENTIAL
Zone area
2,042.31 ac
Source
Realmo
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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$5,915,000
ML approach
$5,955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.02M
Range $5.41M – $6.62M · ±10% · vs last sale $6.09M (Apr 2 2020)
Last sale anchor
$6.09M
Apr 2 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
$77 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,477
Tax year 2022
Assessed value
$19,918,900
Assessed 2022
Previous assessed
$19,918,900
+0.0% YoY
Effective rate
0.09%
On assessed value
Assessed land
$14,383,400
Assessed improvement
$5,535,500
Land market value
$14,383,400
Improvement market value
$5,535,500
Total market value
$19,918,900
Applied tax rate
13.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
OTHER
Buildings
2
Stories
3
Units
165
Total area
78,210 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LR3 (M)
APN
162404-9040
UPID
US90-0200752
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LR3 (M) · Seattle, WAZoning LR3 (M) · permitted uses
LR3 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district promotes multi family uses, in a variety of multifamily housing types in multifamily neighborhoods of moderate scale and density. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Lowrise Mandatory Housing Affordability
General category
RESIDENTIAL
Zone area
2,042.31 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
OTHER
Stories
3
Buildings
2
Units
165
Lot
2.54 ac
Current owner
From public records · entity-resolved
Wcc Realty LLC
Entity
Mailing address
456 CHESTNUT ST, LAKEWOOD, NJ 08701-6124
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Wcc Realty LLC
—
Deed
related
$130,000,000 · Vnb New York LLC
Apr 2, 2020
$6,412,500
Wcc Realty LLC
Mccallen & Sons INC
Quit Claim Deed
related
—
May 27, 2004
$6,089,520
Southeast Care Center Faciliti
Watkins,donald E
Grant Deed
$14,810,400 · Cwcapital LLC
May 27, 2004
—
Southeast Care Center Faciliti
Watkins,donald E
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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