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Property profile & analytics
OFF-MARKET
Estimated value
$3,115,000
Assisted living facilities
520 112th SW St Everett, WA 98204-4828
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1166729
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2002
Construction
WOOD
Total area
155,660 SF
Lot
3.85 ac (167,706 SF)
Zoning code
PCB
APN
442900200105
UPID
US90-1166729
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
-
MorningStar Senior Living at Silver Lake Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.12M
Owner & transaction history
Vlshre Mrn Silver Lake LLC · 1 yrs held
Vlshre Mrn Silver Lake LLC
since 2025
7 recorded transactions
Zoning & alternative use
PCB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$20 / 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
$214,295
Tax year 2023
Assessed value
$25,814,000
Assessed 2023
Previous assessed
$30,118,000
-14.3% YoY
Effective rate
0.83%
On assessed value
Assessed land
$1,945,600
Assessed improvement
$23,868,400
Land market value
$1,945,600
Improvement market value
$23,868,400
Total market value
$25,814,000
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
2002
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
3
Units
154
Rooms
15
Total area
155,660 SF
Lot
3.85 ac (167,706 SF)
Zoning code
PCB
APN
442900200105
UPID
US90-1166729
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PCB · Everett, WAZoning PCB · permitted uses
PCB · 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
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
154
Rooms
15
Lot
3.85 ac
Current owner
From public records · entity-resolved
Vlshre Mrn Silver Lake LLC
Entity
Mailing address
5404 WISCONSIN AVE STE #410, CHEVY CHASE, MD 20815-3590
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
$32,600,000
Vlshre Mrn Silver Lake LLC
Garden Court Owner LLC
Bargain & Sale Deed
—
Apr 3, 2018
$30,300,000
Garden Court Owner LLC
Garden Court Retirement Buildi
Grant Deed
$33,150,000 · Cbre Cap Markets
Jul 14, 2005
—
Garden Ct Retirement Bldg LLC
—
Deed Of Trust
related
$12,000,000 · Lincoln National Life Ins
Sep 5, 2001
—
Garden Court Retirement Bldg
Mietzner,richard H
Grant Deed
$13,000,000 · Frontier Bank
Jul 20, 2001
$168,500
Richard M Mietzner
Mietzner,jeffrey W & Tracey L
Quit Claim Deed
related
—
—
—
Garden Court Retirement Buildi
—
Deed Of Trust
related
$10,000,000 · Miscellaneous Ins Co
—
—
Garden Court Retirement Buildi
—
Deed Of Trust
related
$2,000,000 · Evertrust Bank
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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