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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Assisted living facilities
32049 109th SE Pl Auburn, WA 98092-2567
Trust Owned
17-yr Hold
Free & Clear
Property ID
US90-1598831
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
228,270 SF
Lot
18.6 ac (810,415 SF)
Zoning code
I
APN
172105-9007
UPID
US90-1598831
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
-
Wesley Lea Hill Retirement Community Nursing Home
-
Wesley Lea Hill Rehabilitation & Care Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Snell Janice G Living Trust · 17 yrs held
Snell Janice G Living Trust
since 2008
7 recorded transactions
Zoning & alternative use
I · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The institutionalzoneis intended to provide an area wherein educational and theologicalusesin a campus like setting are permitted, which may not be permitted outright within otherzones
Zone name
Institutional Use District
General category
CIVIC_INSTITUTIONAL
Zone area
925.37 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$6 / 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
$75,598
Tax year 2023
Assessed value
$5,760,100
Assessed 2023
Previous assessed
$53,388,100
-89.2% YoY
Effective rate
1.31%
On assessed value
Assessed land
$113,500
Assessed improvement
$5,646,600
Land market value
$113,500
Improvement market value
$5,646,600
Total market value
$5,760,100
Applied tax rate
133.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Buildings
4
Stories
3
Units
210
Bathrooms
3
Total area
228,270 SF
Lot
18.6 ac (810,415 SF)
Zoning code
I
APN
172105-9007
UPID
US90-1598831
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I · Auburn, WAZoning I · permitted uses
I · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The institutionalzoneis intended to provide an area wherein educational and theologicalusesin a campus like setting are permitted, which may not be permitted outright within otherzones
Zone name
Institutional Use District
General category
CIVIC_INSTITUTIONAL
Zone area
925.37 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
3
Buildings
4
Units
210
Bathrooms
3
Lot
18.6 ac
Current owner
From public records · entity-resolved
Snell Janice G Living Trust
Trust
Free & Clear · 17 yrs held
Mailing address
815 S 216TH ST, DES MOINES, WA 98198-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
Sep 23, 2016
—
Wesley Homes Lea Hill LLC
—
Deed
related
$513,600 · Us Bank NA
Aug 7, 2008
—
Snell Janice G Living Trust
Snell,janice G
Quit Claim Deed
related
—
Jun 28, 2005
$1,400,000
Norma F Eby
Eby,norma F
Warranty Deed
—
Jun 28, 2005
$260,035
Wesley Homes Lea Hill LLC
Eby,leon N
Warranty Deed
—
Jun 28, 2005
—
Janet N Norris
Eby John E Trust
Quit Claim Deed
related
—
Jun 28, 2005
$215,907
Wesley Homes Lea Hill LLC
Norris,janet N
Warranty Deed
—
Apr 7, 1992
—
Eby,norma F Ttee
Eby,john E
Grant Deed
related
—
—
—
Wesley Homes Lea Hill LLC|wesley Homes Des Moines
—
Loan Modification
related
$11,800,000 · Washington Fed'l Svgs
—
—
Wesley Homes Lea Hill LLC
—
Loan Modification
related
$10,000,000 · Us Bk
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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