Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Office buildings
830 2nd St Snohomish, WA 98290-2963
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0701038
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1935
Construction
TYPE NOT SPECIFIED
Total area
5,670 SF
Lot
0.31 ac (13,504 SF)
Zoning code
R2
APN
444000401502
UPID
US90-0701038
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
-
Investors Choice Real Estate Real Estate Agency
-
Haley Anderson, CENTURY 21 North Homes Realty Real Estate Agency
-
Brenda Rumball Real Estate Agency
-
Realty By Jim Wegielewski - Realtor for Century 21 North Homes Realty Real Estate Agency
-
Sheila Burnham Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$1.11M
Owner & transaction history
Richard Maturi · 13 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,720,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,635,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$195 / 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
Assessed value
$855,000
Assessed 2023
Previous assessed
$684,000
+25.0% YoY
Assessed land
$343,200
Assessed improvement
$511,800
Land market value
$343,200
Improvement market value
$511,800
Total market value
$855,000
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
Off-Market
Year built
1935
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
2
Total area
5,670 SF
Lot
0.31 ac (13,504 SF)
Zoning code
R2
APN
444000401502
UPID
US90-0701038
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
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
1935
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Richard Maturi
Individual
Mailing address
121 VINE ST, SEATTLE, WA 98121-1486
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
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
Jul 17, 2017
—
Richard A Maturi
—
Deed
related
$865,300 · Remond Funding Group LLC
Jan 13, 2017
—
Richard Maturi
—
Deed
related
$74,461 · Veristone Fund I LLC Veristone Fund I LLC
Apr 19, 2016
—
Richard Maturi
—
Trustees Deed
related
$74,461 · Veristone Fund I LLC Veristone Fund I LLC
May 29, 2015
—
Richard Maturi
—
Trustees Deed
related
$211,628 · Veristone Capital LLC Veristone Capital LLC
Feb 24, 2015
—
Richard Maturi
—
Trustees Deed
related
$57,000 · Veristone Capital LLC
May 8, 2013
$321,095
Richard Maturi
Rainier Foreclosure
Trustees Deed
related
—
Jul 1, 1992
$390,000
—
—
Grant Deed
related
$300,300 · First Heritage B
—
—
Philip E Morris
—
Deed Of Trust
related
$397,000 · Everett Mutual Savings Bank
—
—
Philip Morris
—
Deed Of Trust
related
$440,000 · Wells Fargo Bank Northwest NA
—
—
Richard Maturi
—
Deed Of Trust
related
$74,461 · Veristone Fund I LLC Veristone Fund I LLC
—
—
Richard A Maturi
—
Deed Of Trust
related
$435,000 · Columbia State Bank
—
—
Philip E Morris
—
Deed Of Trust
related
$85,000 · First Heritage Bank
—
—
Walter W Coop
—
Deed Of Trust
related
$40,675 · Frontier Bank
—
—
Richard Maturi
—
Deed Of Trust
related
$246,624 · Eastside Funding LLC
—
—
Philip E Morris
—
Deed Of Trust
related
$126,711 · 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 830 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
