624 40thSteilacoom, WA 98388

  • Residential income properties
  • 2,480 SF
Off market
$729,700 Estimated

Property Details for 624 40th

Year built
1956
Construction
WOOD FRAME
Lot size
0.13 AC
Property size (Sq ft)
2,480 SF
Zone code
R2-SRD
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
5520000070
APU
5520000070

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $832,157
    6.5%
    $768,145
    7%
    $713,277
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,030,822
    Geo Method
    $740,278
  • Alternative Use

    Use
    Valuation
    Residential
    $768,145
    Hospitality
    $703,616
    Educational
    $585,401
    Medical
    $605,533
    Retail
    $910,623
624 40th, Steilacoom, Washington

Location Insight

City
Steilacoom
County
Pierce
State
Washington
Latitude
47.2206
Longitude
-122.44
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
2024
$8,117
$160,100
$569,600
$729,700
-
$160,100
$569,600
$729,700

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