NOT LISTED FOR SALE

Estimated Value: $483,000 - $530,000

3 Beds
1 Bath
1,948 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $465,000 $239 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,163/month

469 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Corner Lot
  • Deck
  • 1 Fireplace
  • High Speed Internet

About This Home

As of November 2021

Recently updated home features 3bed/1.25bath with stunning Mt. Rainier view! Looking for a new place for home with small business in a prime location close to shopping, parks, amenities and I-5 access, this is perfect for you. Updates throughout new roof, siding, kitchen flooring, fresh interior paint, doors and new blind. The commercial space on the lower level and residential is on the upper level. Each level has its own entry door, lower level has 2rooms and ADA accessible 1/2bath, upper level has 2rooms and 3/4bath. This property has been successfully run as a home business for many years-Also it could be converted into any concept of business as well as your own primary suits. Excellent location, great layout, plenty of parking spaces.

Last Agent to Sell the Property

Mee Youn

Best Choice Realty LLC License #139511 Listed on: 05/28/2021

Best Choice Realty LLC

Last Buyer's Agent

Chezca Miraflor

Pellego, Inc. License #135421

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1779922

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,354

Year Built

  • Built in 1981

Lot Details

  • Corner Lot
  • Level Lot
  • Property is zoned NC2

Parking

  • Driveway

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Schools

  • Lakeview Elementary School
  • Lochburn Mid Middle School

Additional Features

  • Deck
  • High Speed Internet

Community Details

  • Lakewood Community

Listing and Financial Details

  • Assessor Parcel Number 5400200010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,354

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Contemporary
  • Effective Year Built: 1989
  • Approved Accessory Dwelling: Main
  • Building Information: Built On Lot
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Refrigerator, K
  • Bedrooms: 3.00
  • Lower Level Bedroom: 2
  • Bathrooms: 1.25
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Dining Room: Upper
  • Family Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 1948
  • Square Footage Finished: 1948
  • Total Square Footage: 1948

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Slab
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Driveway Parking

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County Utilities
  • Water Company: Lakewoood Water District
  • Water Heater: Ground floor-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakewood

Schools

  • Elementary School: Lakeview Elem
  • Middle School: Lochburn Mid
  • High School: Clover Park High
  • School District: CLP
  • Junior High: Lochburn Mid

Lot Info

  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 6100
  • Lot Topography Vegetation: Level
  • Parcel Number: 5400200010
  • Zoning Code: NC2
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Year: 2021
  • Tax Amount: 3833

MLS Schools

  • Elementary School: Lakeview Elem
  • Senior High: Clover Park High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Nov 29, 2021
Sold by
Smith Richard Wayne and Smith Yun Hee
Bought by
Danao Michael and Danao Theresa
Seller's Agent
Mee Youn
Best Choice Realty LLC
Buyer's Agent
Chezca Miraflor
Pellego, Inc.
List Price
$609,950
Sold Price
$465,000
Premium/Discount to List
-$144,950
-23.76%
Current Estimated Value
$513,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,826
Avg. Annual Appreciation
3.23%
Original Mortgage
$348,750
Outstanding Balance
$321,825
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$201,627

Purchase Details

Closed on
Mar 22, 2005
Sold by
Kim Brian
Bought by
Smith Richard Wayne and Bryan Yun Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Sun Realty Co
Bought by
Kim Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Danao Michael $465,000 First American Title Ins Co
Smith Richard Wayne $205,000 Rtc
Kim Brian $150,000 Trans
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danao Michael $348,750
Previous Owner Smith Richard Wayne $60,000
Previous Owner Bryan Yunhee $60,000
Previous Owner Smith Richard Wayne $148,000
Previous Owner Kim Brian $127,500
Closed Smith Richard Wayne $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $465,000 -15.5% $239 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $550,000 -8.3% $282 / Sq Ft
06/11/2021 06/11/21 Price Changed $599,950 -1.6% $308 / Sq Ft
05/28/2020 05/28/20 For Sale $609,950 -- $313 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,354 $421,000 $185,700 $235,300
2024 $4,354 $430,800 $180,000 $250,800
2023 $4,354 $401,600 $166,700 $234,900
2022 $4,095 $398,000 $166,700 $231,300
2021 $3,833 $292,900 $101,600 $191,300
2019 $2,815 $274,800 $87,900 $186,900
2018 $3,082 $233,000 $72,000 $161,000
2017 $2,770 $207,600 $55,200 $152,400
2016 $2,296 $153,800 $38,300 $115,500
2014 $1,986 $143,000 $32,000 $111,000
2013 $1,986 $123,200 $26,100 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1779922

Northwest Multiple Listing Service (NWMLS)

APN: 540020-0010