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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Apartment buildings
3265 96th S St Lakewood, WA 98499-9213
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1383665
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD FRAME
Total area
9,780 SF
Lot
0.76 ac (33,106 SF)
Zoning code
AC1
APN
320313030
UPID
US90-1383665
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
$1.61M
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.82M
Owner & transaction history
Tsbychoi 2023 A LLC · 2 yrs held
Tsbychoi 2023 A LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
AC1 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$1,705,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
$1,970,000
6.5%
$1,820,000
7%
$1,690,000
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10% · vs last sale $1.88M (Oct 25 2023)
Last sale anchor
$1.88M
Oct 25 2023
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
$186 / 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
$14,063
Tax year 2024
Assessed value
$1,235,600
Assessed 2024
Previous assessed
$1,235,600
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$507,900
Assessed improvement
$727,700
Land market value
$507,900
Improvement market value
$727,700
Total market value
$1,235,600
Applied tax rate
760.0000
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
1966
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Units
12
Total area
9,780 SF
Lot
0.76 ac (33,106 SF)
Zoning code
AC1
APN
320313030
UPID
US90-1383665
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
AC1 · Lakewood, WA
Zoning AC1 · permitted uses
AC1 · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Units
12
Lot
0.76 ac
Current owner
From public records · entity-resolved
Tsbychoi 2023 A LLC
Entity
Mailing address
7403 LAKEWOOD DR W STE #12, LAKEWOOD, WA 98499-7951
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Tsbychoi2023a LLC
—
Deed
related
$1,530,000 · Arbor Agency Lending LLC
Oct 25, 2023
$1,880,000
Tsbychoi 2023 A LLC
Sunnyside Apartment LLC
Warranty Deed
$1,128,000 · Gbc International Bank
Oct 25, 2023
—
Tsbychoi2023a LLC
—
Deed
related
$400,000 · Sunnyside Fsla Of Irvington
Jan 21, 2020
—
Sunnyside Apartment LLC
Bong Suk Yang
Quit Claim Deed
related
$490,000 · Gbc International Bank
Apr 9, 1999
$337,500
Bong S Yang
Anderson,john R & Patricia J
Grant Deed
$253,000 · United Savings & Loan Bank
—
—
Bong S Yang
—
Deed Of Trust
related
$400,000 · Gbc Int'l Bk
—
—
Bong S Yang
—
Deed Of Trust
related
$310,000 · Banner Bank
—
—
Bong S Yang
—
Deed Of Trust
related
$248,574 · Pacific International Bank
—
—
Bong S Yang
—
Deed Of Trust
related
$38,425 · Pacific International Bank
—
—
Bong S Yang
—
Deed Of Trust
related
$310,000 · Venture Bank
—
—
John R Anderson
—
Deed Of Trust
related
$82,313 · Key Bank Of Washington
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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