704 87thLake Stevens, WA 98258

  • Residential income properties
  • 13.04 AC
Off market

Property Details for 704 87th

Year built
1990
Lot size
13.04 AC
Zone code
SE
Property type
Residential income properties
Property subtype
Mobile home & RV parks
APN
29051300202000
APU
29051300202000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $189,986,976
    6.5%
    $175,372,592
    7%
    $162,845,984
  • Comparable approach

    Method
    Valuation
    Relative Method
    $267,628,432
    Geo Method
    $169,554,000
  • Alternative Use

    Use
    Valuation
    Residential
    $175,372,592
    Hospitality
    $160,640,352
    Educational
    $133,650,888
    Medical
    $138,247,344
    Retail
    $207,901,376
704 87th, Lake Stevens, Washington

Location Insight

City
Lake Stevens
County
Snohomish
State
Washington
Latitude
48.0025
Longitude
-122.114
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$75,167
$3,252,900
$2,500,000
$5,752,900
-
$3,252,900
$2,500,000
$5,752,900

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