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Property profile & analytics
OFF-MARKET
Estimated value
$6,520,000
Assisted living facilities
414 17th SE St Auburn, WA 98002-6822
Entity Owned
~
Est. High Equity
Property ID
US90-0779122
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,936 SF
Lot
0.78 ac (34,170 SF)
Zoning code
I
APN
192105-9110
UPID
US90-0779122
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
-
Regency Auburn Nursing Home
-
Xin Wang Pediatrician Physician
-
Mary Lebeau Physician
-
Kristin Nass Physician
-
Destini C. Jammeh, PTA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$6.52M
Owner & transaction history
414 Seventeenth LLC
414 Seventeenth LLC
since 2025
7 recorded transactions
Zoning & alternative use
I · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.7M
+40.9%
Auto repair, garage
$9.6M
+39.8%
Warehouse, storage
$7.7M
+11.5%
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
Method
Estimation
Statistic approach
$6,410,000
ML approach
$6,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$6,875,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,685,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,610,000
Change: +40% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,665,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$6.52M
Range $5.87M – $7.17M · ±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
$233 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$118,502
Tax year 2022
Assessed value
$4,862,100
Assessed 2022
Previous assessed
$4,862,100
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$341,700
Assessed improvement
$4,520,400
Land market value
$341,700
Improvement market value
$4,520,400
Total market value
$4,862,100
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
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Units
96
Total area
27,936 SF
Lot
0.78 ac (34,170 SF)
Zoning code
I
APN
192105-9110
UPID
US90-0779122
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I · Auburn, WA
Zoning I · permitted uses
I · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$7.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Units
96
Lot
0.78 ac
Current owner
From public records · entity-resolved
414 Seventeenth LLC
Entity
Mailing address
1520 N ELCAMINO RD STE STE STE, SAN CLEMENTE, CA 92672
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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 24, 2025
—
414 Seventeenth LLC
Wa2west LLC
Bargain & Sale Deed
$26,350,000 · Oxford Finance LLC
May 6, 2021
$515,000
Caroline Escatell
Daniel R Zetterberg
Warranty Deed
$505,672 · Fairway Independent Mortgage Corp
Feb 1, 2021
$5,950,000
Wa2west LLC
Applegate Associates LLC
Warranty Deed
$100,000 · Old Second National Bank
Jan 2, 2007
—
Applegate Associates LLC
Applegate Associates
Quit Claim Deed
—
Dec 21, 2006
—
Mani Richard L Trust
Mani Richard & C Trust
Quit Claim Deed
related
—
Jun 5, 2002
—
Mani Trust
Main,richard L
Grant Deed
related
—
Aug 29, 1990
$175,697
George W Tarleton
Applegate
Grant Deed
—
Aug 2, 1990
$3,270,000
Assoc Applegate
Killen
Grant Deed
—
—
—
Applegate Associates
—
Deed Of Trust
related
$3,100,000 · Washington Mutual Fsb
—
—
Applegate Associates LLC
—
Loan Modification
related
$3,551,549 · Berkadia Com'l Mtg
—
—
Applegate Associates LLC
—
Deed Of Trust
related
$3,924,700 · Capmark Fin
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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