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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Residential income homes
918 103rd St Seattle, WA 98133-5109
Entity Owned
13-yr Hold
Property ID
US90-1802716
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,720 SF
Lot
0.13 ac (5,766 SF)
Zoning code
LR2 (M)
APN
614560-0665
UPID
US90-1802716
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
-
Cubix 103 Apartment Building
-
Hoopsmiles Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
918 Apartments LLC · 13 yrs held
918 Apartments LLC
since 2012
7 recorded transactions
Zoning & alternative use
LR2 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$150 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,242
Tax year 2022
Assessed value
$807,200
Assessed 2022
Previous assessed
$807,200
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$807,200
Land market value
$807,200
Total market value
$807,200
Applied tax rate
10.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
3
Units
26
Bathrooms
2
Total area
5,720 SF
Lot
0.13 ac (5,766 SF)
Zoning code
LR2 (M)
APN
614560-0665
UPID
US90-1802716
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LR2 (M) · Seattle, WA
Zoning LR2 (M) · permitted uses
LR2 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
3
Units
26
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
918 Apartments LLC
Entity
Mailing address
PO BOX 77682, SEATTLE, WA 98177-0682
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2020
—
918 Apartments LLC
—
Deed
related
$2,315,000 · Columbia State Bank
Aug 15, 2012
—
918 Apartments LLC
Parkstone Investments INC
Quit Claim Deed
related
—
Feb 2, 2012
$115,000
Parkstone Investments INC
Union Bk
Grant Deed
—
May 16, 2011
$204,600
Bk Union
Riley David R
Trustees Deed
related
—
Nov 16, 2007
$415,000
Howland Homes LLC
Gurdjian,christopher
Warranty Deed
$332,000 · Frontier Bank
Nov 2, 2007
$245,000
Christopher Gurdjian
Nomura Hm Equity 2006-fmi
Warranty Deed
—
Oct 16, 2007
$121,938
Nomura Home Equity 2006-fm1
Cal-western Reconveyance Corp/
Trustees Deed
related
—
Sep 16, 2005
$499,000
Randy A Lizama
Tanner,eileen R
Warranty Deed
$399,200 · Fremont Investment & Loan
—
—
918 Apartments LLC
—
Loan Modification
related
$1,449,000 · Puget Sound 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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