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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Apartment buildings
77 Balsam Ln Bluemont, VA 20135-4425
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-1882320
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
0.43 ac (18,818 SF)
Zoning code
RR
APN
17A4292L 38
UPID
US87-1882320
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
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Robert Barnes Ross · 2 yrs held
Robert Barnes Ross
since 2024
Last sale
$655,000
6 recorded transactions
Zoning & alternative use
RR · Bluemont, VA
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 Bluemont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bluemont 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
$655,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $655k (Mar 22 2024)
Last sale anchor
$655k
Mar 22 2024
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
—
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
$2,207
Tax year 2022
Assessed value
$367,900
Assessed 2023
Previous assessed
$367,900
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$91,000
Assessed improvement
$276,900
Land market value
$91,000
Improvement market value
$276,900
Total market value
$367,900
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
0.43 ac (18,818 SF)
Zoning code
RR
APN
17A4292L 38
UPID
US87-1882320
Jurisdiction
CLARKE
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RR · Bluemont, VA
Zoning RR · permitted uses
RR · Bluemont, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bluemont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Robert Barnes Ross
Individual
Mailing address
77 BALSAM LN, BLUEMONT, VA 20135-4425
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
$655,000
Robert Barnes Ross
David A Ewald
Deed
$430,000 · Maple Avenue Home Loans LLC
Nov 7, 2022
—
David A Ewald
David A Ewald
Intrafamily Transfer
related
—
Jul 1, 2022
$618,100
David A Ewald
Aloha 318 Estates LLC
Warranty Deed
$463,575 · Mclean Mortgage Corp
Oct 30, 2018
—
Aloha 318 Est LLC
Rianne Alicia Kinsey
Grant Deed
—
Jul 24, 2018
$2,500
Rianne Alicia Kinsey
Edward L Marciniak
Deed
—
Jul 24, 2018
—
Edward L Marciniak
Elise Marciniak
Intrafamily Transfer
related
—
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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