New search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Apartment buildings
3327 Asotin St, Tacoma, WA 98418-2722
Individually Owned
5-yr Hold
Property ID
US90-3128606
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
FRAME
Total area
3,176 SF
Lot
0.13 ac (5,500 SF)
Zoning code
R2-SRD
APN
2980000671
UPID
US90-3128606
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
$480k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$545k
Owner & transaction history
Praveena Medarametla · 5 yrs held
Praveena Medarametla
since 2020
Last sale
$637,500
7 recorded transactions
Zoning & alternative use
R2-SRD · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$775,000
+42.9%
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
Method
Estimation
Statistic approach
$405,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$545,000
Current use
MEDICAL BUILDING
$775,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $638k (Dec 2 2020)
Last sale anchor
$638k
Dec 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
$172 / 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
$7,729
Tax year 2024
Assessed value
$694,800
Assessed 2024
Previous assessed
$694,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$184,000
Assessed improvement
$510,800
Land market value
$184,000
Improvement market value
$510,800
Total market value
$694,800
Applied tax rate
5.0000
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
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
3,176 SF
Lot
0.13 ac (5,500 SF)
Zoning code
R2-SRD
APN
2980000671
UPID
US90-3128606
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R2-SRD · Tacoma, WA
Zoning R2-SRD · permitted uses
R2-SRD · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$545,000
MEDICAL BUILDING
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Praveena Medarametla
Individual
Mailing address
3327 S ASOTIN ST, TACOMA, WA 98418-2722
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
$637,500
Praveena Medarametla
Shravani Kalakuntla
Warranty Deed
$478,125 · Community First National Bank
Feb 28, 2019
$520,500
Shravani Kalakuntla
Sun Investments LLC
Warranty Deed
$390,300 · Provident Funding Associates LP
Dec 13, 2006
—
Sun Investments LLC
Noel,chad & Karen
Quit Claim Deed
related
—
Sep 29, 2006
$330,000
Chad Noel
Pace,terrence & Lori
Warranty Deed
$230,000 · Washington Mutual Fsb
Apr 11, 2005
$353,000
Terrence Pace
Asotin Place Properties INC
Warranty Deed
$282,400 · Greenpoint Mortgage Funding
Oct 28, 2003
—
Asotin Place Properties INC
Hedrick,ryan T
Quit Claim Deed
related
—
Sep 2, 2003
$255,000
Ryan T Hedrick
Tacoma-pierce Properties LLC
Grant Deed
$229,500 · Greenpoint Mortgage Funding
May 16, 2003
—
Tacoma Pierce Properties LLC
Wilson,brian P
Grant Deed
related
—
Nov 19, 2002
$195,000
Brian P Wilson
Benson,shawn
Grant Deed
$152,000 · Washington Mutual Fsb
Aug 11, 2000
$293,176
Shawn Benson
Evans,richard P
Grant Deed
$112,500 · Timberland Savings Bank
—
—
Shawn M Benson
—
Deed Of Trust
related
$131,600 · America's Wholesale Lender
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3327 Asotin St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
