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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Apartment buildings
3925 Mason Loop Rd, Tacoma, WA 98409-2118
Individually Owned
10-yr Hold
Property ID
US90-1790916
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
FRAME
Total area
3,696 SF
Lot
0.19 ac (8,200 SF)
Zoning code
R3
APN
5554000090
UPID
US90-1790916
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
$650k
Comparable Approach
Comparable
$336k
Blend (final)
Blend
$550k
Owner & transaction history
Pavel Kurkov · 10 yrs held
Pavel Kurkov
since 2015
7 recorded transactions
Zoning & alternative use
R3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Change: -4% · Conversion: Moderate
RETAIL STORES
$770,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
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
$149 / 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
$9,384
Tax year 2024
Assessed value
$843,800
Assessed 2024
Previous assessed
$843,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$203,400
Assessed improvement
$640,400
Land market value
$203,400
Improvement market value
$640,400
Total market value
$843,800
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
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
6
Total area
3,696 SF
Lot
0.19 ac (8,200 SF)
Zoning code
R3
APN
5554000090
UPID
US90-1790916
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Tacoma, WA
Zoning R3 · permitted uses
R3 · 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
MEDICAL BUILDING
Est. value
$905,000
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING
RETAIL STORES
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
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
Pavel Kurkov
Individual
Mailing address
PO BOX 833, GRAHAM, WA 98338-0833
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
—
Pavel Kurkov
—
Deed
related
$469,000 · Nfm Lndg
Aug 28, 2015
$288,469
Pavel Kurkov
Wilmington Trust National Associati
Special Warranty Deed
$301,491 · Viewcrest Capital Plus LLC
Aug 28, 2015
—
Pavel Kurkoy
Kurkov,marina
Quit Claim Deed
related
—
Jun 10, 2015
$384,808
Wilmington Trust Series 2006-4 Tr
Quality Loan Service Corp|ramos Rafael R & Rebeca
Trustees Deed
related
—
Mar 31, 2006
$395,000
Rafael R Ramos
Hoang,viet Q
Warranty Deed
$316,000 · Countrywide Home Loans INC
Mar 1, 2005
$376,505
Viet Q Hoang
Walsh,michael P & Lisa R
Warranty Deed
$301,204 · Countrywide Home Loans INC
Sep 30, 2004
$300,000
Michael P Walsh
Devries,pamela
Warranty Deed
$240,000 · Lehman Brothers Bank Fsb
Feb 27, 2003
$292,595
Pamela Devires
Cook,daniel B
Grant Deed
—
Apr 21, 1999
$150,000
Daniel B Cook
Perdue,richard A & Caroline K
Grant Deed
$120,000 · Mortgage Lenders Network USA
—
—
Richard A Perdue
—
Deed Of Trust
related
$88,500 · Washington Mutual Fsb
—
—
Pavel Kurkov
—
Deed Of Trust
related
$469,000 · Nfm Lndg
—
—
Daniel B Cook
—
Deed Of Trust
related
$66,000 · All Fund Mortgage Corp
—
—
Pavel Kurkov
—
Deed Of Trust
related
$312,000 · Guild Mtg
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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