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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Apartment buildings
6203 96th E St Puyallup, WA 98371-6171
Individually Owned
2-yr Hold
Property ID
US90-0968617
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1945
Construction
FRAME
Total area
3,954 SF
Lot
0.54 ac (23,330 SF)
Zoning code
RSEP
APN
420318002
UPID
US90-0968617
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
$660k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$685k
Owner & transaction history
Joseph Dotson · 2 yrs held
Joseph Dotson
since 2023
Last sale
$712,000
7 recorded transactions
Zoning & alternative use
RSEP · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+43.5%
Warehouse, storage
$1.0M
+32.4%
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 Puyallup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Puyallup 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
$595,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$755,000
Current use
MEDICAL BUILDING
$1,085,000
Change: +43% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,000,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $712k (Aug 18 2023)
Last sale anchor
$712k
Aug 18 2023
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
$173 / 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
$7,069
Tax year 2024
Assessed value
$625,400
Assessed 2024
Previous assessed
$625,400
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$252,300
Assessed improvement
$373,100
Land market value
$252,300
Improvement market value
$373,100
Total market value
$625,400
Applied tax rate
195.0000
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
1945
Construction
FRAME
Heating
BASEBOARD
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
3
Total area
3,954 SF
Lot
0.54 ac (23,330 SF)
Zoning code
RSEP
APN
420318002
UPID
US90-0968617
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RSEP · Puyallup, WA
Zoning RSEP · permitted uses
RSEP · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Puyallup. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$755,000
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1945
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
4
Bathrooms
3
Lot
0.54 ac
Current owner
From public records · entity-resolved
Joseph Dotson
Individual
Mailing address
6205 96TH ST E, PUYALLUP, WA 98371-6171
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
—
Joseph Dotson
—
Deed
related
$761,558 · Tjc Mortgage INC
Aug 18, 2023
$712,000
Joseph Dotson
Jennifer Dent
Warranty Deed
$727,308 · Primis Mortgage Co
Nov 25, 2019
$310,000
Jennifer Dent
Dream Northwest Properties LLC
Warranty Deed
$351,850 · Fairway Independent Mortgage Corp
Jun 7, 2018
$199,000
Dream Northwest Properties LLC
Le,khanh
Warranty Deed
$175,916 · Inland Capital Fund LLC
Nov 30, 2011
$80,000
Khanh Le
Wells Fargo 2007-rfc1
Grant Deed
—
Jul 6, 2011
$212,500
Wells Fargo Series 2007-rfc1 Tr
Old Republic Natl Title Ins C
Trustees Deed
related
—
Mar 21, 2008
$147,500
Quanessa M Rosa
Rosa,quanessa
Quit Claim Deed
related
—
May 25, 2004
—
Rosa Quanessa
Davies,anna
Quit Claim Deed
related
—
Apr 23, 2004
$193,450
Rosa Quanessa
Davies,anna
Quit Claim Deed
related
$193,450 · Quanessa Rosa
Apr 23, 2004
$305,810
Rosa Quanessa
Davies,anna
Quit Claim Deed
related
—
May 4, 2001
$150,000
Anna Davies
Belyea,michael J & Vickey J
Grant Deed
—
Mar 26, 1999
$175,600
Michael J Belyea
Dassenko,levi & Mary L
Grant Deed
$140,480 · Provident Savings Bank
—
—
Rosa Quanessa
—
Deed Of Trust
related
$200,000 · Washington Mutual Fsb
—
—
Quenessa M Rosa
—
Deed Of Trust
related
$29,000 · Countrywide Home Loans INC
—
—
Rosa Quanessa
—
Deed Of Trust
related
$217,500 · Countrywide Home Loans INC
—
—
Anna Davies
—
Deed Of Trust
related
$188,000 · Union Planters National Bank
—
—
Levi Dassenko
—
Deed Of Trust
related
$100,000 · Seafirst 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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