5611 73rd AveUniversity Place, WA 98467

  • Residential income properties
  • 3,536 SF
Off market
$1,005,147 Estimated

Property Details for 5611 73rd Ave

Year built
1983
Construction
FRAME
Lot size
0.36 AC
Property size (Sq ft)
3,536 SF
Zone code
MF
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
4503000010
APU
4503000010

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,186,494
    6.5%
    $1,095,226
    7%
    $1,016,995
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,469,753
    Geo Method
    $1,055,492
  • Alternative Use

    Use
    Valuation
    Residential
    $1,095,226
    Hospitality
    $1,003,221
    Educational
    $834,668
    Medical
    $863,373
    Retail
    $1,298,372
5611 73rd Ave, University Place, Washington

Location Insight

City
University Place
County
Pierce
State
Washington
Latitude
47.2061
Longitude
-122.535
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $561,100
  • Assessed land value
    $269,600
  • Assessed value
    $830,700
  • Tax year
    2024
  • Tax bill
    $9,780

FAQs

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