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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Apartment buildings
7601 Littlerock SW Rd Tumwater, WA 98512-7454
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-0983620
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD FRAME
Total area
3,352 SF
Lot
4.95 ac (215,622 SF)
APN
0909-00-05001
UPID
US90-0983620
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
$670k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$610k
Owner & transaction history
Miller Of Munroe Properties LLC · 21 yrs held
Miller Of Munroe Properties LLC
since 2004
7 recorded transactions
Zoning & alternative use
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 Tumwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tumwater 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
$670,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$182 / 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
$36,573
Tax year 2023
Assessed value
$3,686,800
Assessed 2022
Previous assessed
$1,673,200
+120.3% YoY
Effective rate
0.99%
On assessed value
Assessed land
$872,100
Assessed improvement
$2,814,700
Land market value
$872,100
Improvement market value
$2,814,700
Total market value
$3,686,800
Applied tax rate
445.0000
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
1969
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Bathrooms
6
Total area
3,352 SF
Lot
4.95 ac (215,622 SF)
APN
0909-00-05001
UPID
US90-0983620
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
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
1969
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Bathrooms
6
Lot
4.95 ac
Current owner
From public records · entity-resolved
Miller Of Munroe Properties LLC
Entity
Mailing address
3615 81ST AVE SW, OLYMPIA, WA 98512-7461
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2004
—
Miller Of Munroe Properties LLC
Miller,robert
Quit Claim Deed
related
—
May 3, 2004
$912,500
Robert G Miller
Riggle,james C & Debera T
Grant Deed
—
May 3, 2004
—
Robert G Miller
Off The Wall Associates
Warranty Deed
related
—
Oct 20, 1994
—
Harrison J Jewwell
Jewwell,harrison
Quit Claim Deed
related
$465,000 · First Mutual Savings Bank
Dec 11, 1989
$468,495
Harrison Etal Jewell
Unknown
Grant Deed
—
—
—
Miller Of Munroe Properties LLC
—
Deed Of Trust
related
$710,000 · Us Bank NA
—
—
Miller Of Munroe Properties LLC
—
Deed Of Trust
related
$950,000 · Citibank Fsb
—
—
Miller Of Munroe Properties LLC
—
Deed Of Trust
related
$1,820,000 · Washington Fed'l 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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