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Property profile & analytics
FOR SALE
Office buildings
820 2Nd St Snohomish, WA 98290
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0974582
No photos on file
For Sale
$1,800,000
820 2Nd St, Snohomish, WA 98290
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1910
Construction
WOOD
Total area
1,247 SF
Lot
0.04 ac (1,742 SF)
Zoning code
R2
APN
444000401501
UPID
US90-0974582
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard Maturi · 12 yrs held
Richard Maturi
since 2013
7 recorded transactions
Zoning & alternative use
R2 · Snohomish, 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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
—
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
Assessed value
$229,000
Assessed 2023
Previous assessed
$171,500
+33.5% YoY
Assessed land
$223,500
Assessed improvement
$5,500
Land market value
$223,500
Improvement market value
$5,500
Total market value
$229,000
Applied tax rate
735.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1910
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Rooms
3
Bathrooms
1
Total area
1,247 SF
Lot
0.04 ac (1,742 SF)
Zoning code
R2
APN
444000401501
UPID
US90-0974582
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Snohomish, WA
Zoning R2 · permitted uses
R2 · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
3
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Richard Maturi
Individual
Mailing address
121 VINE ST UNIT #2103, SEATTLE, WA 98121-1456
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jun 27, 2025
—
Richard A Maturi
—
Deed
related
$1,731,400 · Remond Funding Group LLC
Nov 27, 2019
—
Richard A Maturi
—
Deed
related
$1,485,000 · Remond Funding Group LLC
Oct 8, 2018
—
Richard A Maturi
—
Deed
related
$158,000 · Remond Funding Group LLC
Sep 25, 2018
—
Richard Maturi
—
Deed
related
$100,000 · Robert J Wayne
Jan 11, 2017
—
Richard A Maturi
—
Deed
related
$214,500 · Redmond Fndg
May 29, 2015
—
Richard Maturi
—
Trustees Deed
related
$211,628 · Veristone Fund I LLC Veristone Fund I LLC
Dec 4, 2014
—
Richard Maturi
—
Trustees Deed
related
$47,500 · Veristone Fund I LLC Veristone Fund I LLC
Dec 17, 2013
$128,032
Richard Maturi
Regional Trustee Services
Trustees Deed
related
$111,337 · Eastside Funding LLC
Jul 28, 1998
$120,000
Philip E Morris
Holt,william W & Marilyn J
Grant Deed
$122,630 · First Heritage Bank
Oct 1, 1989
$63,000
—
—
Grant Deed
related
$51,660 · First Heritage B
—
—
Philip E Morris
—
Deed Of Trust
related
$84,000 · Norwest Mortgage INC
—
—
Phillip Morris
—
Deed Of Trust
related
$120,273 · First Heritage Bank
—
—
Philip E Morris
—
Deed Of Trust
related
$128,000 · Salmon Bay Mortgage
—
—
Richard A Maturi
—
Deed Of Trust
related
$214,500 · Redmond Fndg
—
—
Richard Maturi
—
Deed Of Trust
related
$100,000 · Robert J Wayne
—
—
Phillip Morris
—
Deed Of Trust
related
$115,715 · First Heritage Bank
—
—
Philip E Morris
—
Deed Of Trust
related
$50,868 · First Heritage 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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