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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Assisted living facilities
408 104th SW St Everett, WA 98204-3909
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0289424
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2004
Construction
WOOD
Total area
1,196 SF
Lot
0.69 ac (30,056 SF)
Zoning code
LDMR
APN
535300001200
UPID
US90-0289424
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
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
South Pointe Operations LLC · 1 yrs held
South Pointe Operations LLC
since 2024
7 recorded transactions
Zoning & alternative use
LDMR · Everett, 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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$2,530,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±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
$2,090 / 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
$14,369
Tax year 2023
Assessed value
$1,689,400
Assessed 2023
Previous assessed
$1,019,000
+65.8% YoY
Effective rate
0.85%
On assessed value
Assessed land
$765,000
Assessed improvement
$924,400
Land market value
$765,000
Improvement market value
$924,400
Total market value
$1,689,400
Applied tax rate
2,363.0000
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
1
Rooms
4
Bathrooms
2
Total area
1,196 SF
Lot
0.69 ac (30,056 SF)
Zoning code
LDMR
APN
535300001200
UPID
US90-0289424
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LDMR · Everett, WAZoning LDMR · permitted uses
LDMR · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
4
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
South Pointe Operations LLC
Entity
Mailing address
29 S VIA LOS ALTOS, NEWBURY PARK, CA 91320-7006
Ownership since
2024
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
Aug 1, 2024
—
South Pointe Operations LLC
Silver Creek Holdings II LLC
Lease
$2,701,800 · Cambridge Realty Capital Ltd
Nov 3, 2021
$2,260,000
Silver Creek Holdings LLC
Radiant Properties Everett LLC
Bargain And Sale Deed
$2,400,000 · Shas Realty LLC
Nov 25, 2020
$3,000,000
Radiant Properties Everett LLC
Snh Lta Properties Trust
Special Warranty Deed
$42,600,000 · Congressional Bank
May 14, 2015
$4,784,999
Snh Of Lta Properties Trust
Clp Everett Wa Senior Living L
Grant Deed
—
Jun 11, 2014
$625,000
Everett Wa Senior Living L Clp
Everett West Properties LLC
Grant Deed
—
Sep 25, 2003
—
Everett West Properties LLC
—
Trustees Deed
related
$975,000 · Frontier Bank
May 15, 2003
$335,000
Everett West Properties LLC
Koon,rodney L & Linda K
Grant Deed
$330,000 · Bay Area Properties LLC
Jun 1, 2001
$160,000
Rodney L Koon
Olive Suchan Estate
Grant Deed
$144,000 · Homestar Lending Canyon Creek
—
—
Everett West Properties LLC
—
Loan Modification
related
$975,000 · Union 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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