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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Residential income homes
950 Washington St Salt Lake City, UT 84101-3368
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-1490600
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2021
Total area
72,058 SF
Lot
0.51 ac (22,216 SF)
Zoning code
FB-UN2
APN
15-12-257-029
UPID
US86-1490600
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
-
Washington Flats Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.18M
Owner & transaction history
942 Wash Lc · 4 yrs held
942 Wash Lc
since 2021
7 recorded transactions
Zoning & alternative use
FB-UN2 · Salt Lake City, UT
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 Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City 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
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±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
$16 / 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
$48,626
Tax year 2023
Assessed value
$8,943,100
Assessed 2023
Previous assessed
$8,943,100
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$1,441,700
Assessed improvement
$7,501,400
Land market value
$1,441,700
Improvement market value
$7,501,400
Total market value
$8,943,100
Applied tax rate
1.0000
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
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2021
Heating
CENTRAL
Cooling
YES
Stories
4
Units
3
Rooms
8
Bathrooms
2
Total area
72,058 SF
Lot
0.51 ac (22,216 SF)
Zoning code
FB-UN2
APN
15-12-257-029
UPID
US86-1490600
Jurisdiction
SALT LAKE
Zoning & alternative use
FB-UN2 · Salt Lake City, UT
Zoning FB-UN2 · permitted uses
FB-UN2 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
3
Rooms
8
Bathrooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
942 Wash Lc
Individual
Mailing address
920 E WOODOAK LN, SALT LAKE CITY, UT 84117-3564
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
—
942 Wash Lc
942 Wash Lc
Intrafamily Transfer
related
$13,270,000 · Altabank
Aug 6, 2020
—
942 Wash Lc
Redfish Investments LLC
Warranty Deed
—
Aug 4, 2020
—
942 Wash Lc
950 Washington T LLC
Warranty Deed
—
Feb 21, 2020
—
950 Washington St LLC
Domos LLC
Warranty Deed
—
Sep 22, 2017
—
Jordan Atkin
Smith,keith G
Warranty Deed
—
Feb 17, 2015
—
Keith G Smith
Social Hall Investments LLC
Warranty Deed
$153,000 · Academy Mortgage Corp
Jun 8, 2010
—
Social Hall Investments LLC
Christenson,paul R
Grant Deed
$102,000 · Cornerstone Home Lending
Aug 8, 2003
—
Fadil Omerovic
Hud
Grant Deed
$58,441 · Creekview Mortgage INC
May 12, 2003
—
Hud
Utah Housing Corp
Grant Deed
related
—
Apr 11, 2003
$83,547
Utah Housing Corp
Moreno,alfonso M
Trustees Deed
related
—
Mar 10, 1997
—
Zenayda P Soto
Moreno,alfonso M
Quit Claim Deed
related
—
May 30, 1996
—
Alfonso M Moreno
Pimentel,filemon & Consuelo
Grant Deed
$82,634 · First Security Bank Utah
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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