5121st N PearlTacoma, WA 98407

  • Residential income properties
  • 7,239 SF
Off market
$4,080,000 Estimated

Property Details for 5121st N Pearl

Year built
2021
Construction
WOOD FRAME
Lot size
0.24 AC
Property size (Sq ft)
7,239 SF
Zone code
COM
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
4655000071
APU
4655000071

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,429,025
    6.5%
    $2,242,177
    7%
    $2,082,022
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,008,920
    Geo Method
    $2,160,834
  • Alternative Use

    Use
    Valuation
    Residential
    $2,242,177
    Hospitality
    $2,053,822
    Educational
    $1,708,756
    Medical
    $1,767,523
    Retail
    $2,658,065
5121st N Pearl, Tacoma, Washington

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2989
Longitude
-122.515
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
$38,174
$266,900
$3,813,100
$4,080,000
-
$266,900
$3,813,100
$4,080,000

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