NOT LISTED FOR SALE

1018 Panorama Dr Unit 1-4 Fircrest, WA 98466

Fircrest Neighborhood

Estimated Value: $992,768 - $1,022,000

8 Beds
6 Baths
3,826 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $475,000 $124 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,305/month

7 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Patio
  • High Speed Internet

About This Home

As of July 2016

Great location in heart of Fircrest. All units with storage off patios/decks. Kitchen cabinets, bathroom vanities, counter tops, sinks, fixtures, carpet, vinyl and tile entries are all less then 4 years old. New roof October 2015. Range/ovens and dishwashers also less then 4 years old. Washers/dryers included. Please do not disturb tenants. Additional expenses not listed are Common electrical and lawn care ($778.00). Cherry cabinets in 3 units and white cabinets in the 4th unit.

Last Listed By

John Troupe

Emerald Properties License #8705 Listed on: 02/01/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 890440

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,826 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Lakewood Mid Middle School
  • Lakewood High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Rolling Hills 4Th Addition Condos
  • Fircrest Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 7267400022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rolling Hills 4th Addition
  • New Construction: No
  • CalculatedSquareFootage: 3826
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 380

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Fircrest
  • WaterCompany: Fircrest
  • WaterSewerGarbage: 5118

Schools

  • Junior High Dist: Lakewood
  • High School: Lakewood High
  • Middle Or Junior School: Lakewood Mid

Lot Info

  • Parcel Number: 7267400022
  • Lot Size Acres: 0.2516
  • Lot Size Sq Ft: 10960
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 33731
  • Number Of Units Total: 4
  • Electric Expense: 214
  • Insurance Expense: 1200
  • Leasable Area: 3826
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4774

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jun 27, 2016
Sold by
Theoharis Jacob
Bought by
Asbjornsen Randy L and Asbjornsen Michelle A
Seller's Agent
John Troupe
Emerald Properties
Buyer's Agent
Amy Lowry
Windermere Prof Partners
List Price
$485,500
Sold Price
$475,000
Premium/Discount to List
-$10,500
-2.16%
Total Days on Market
7
Current Estimated Value
$1,007,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,384
Avg. Annual Appreciation
9.37%
Original Mortgage
$155,000
Outstanding Balance
$126,671
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$924,702

Purchase Details

Closed on
Feb 14, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Theoharis Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,878
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 28, 2010
Sold by
Phillips Gregory F and Phillips Lorna J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 27, 2000
Sold by
Churney Marie A
Bought by
Phillips Gregory F and Phillips Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1998
Sold by
Carlson Melvin Charles
Bought by
Churney Mrie A and Ford Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.11%
Mortgage Type
Commercial

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
Asbjornsen Randy L $474,719 Fidelity Natl Title Co Wa In
Theoharis Jacob -- Fatco
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $312,039 None Available
Phillips Gregory F $267,581 --
Churney Mrie A $232,679 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asbjornsen Randy L $155,000
Previous Owner Theoharis Jacob $302,052
Previous Owner Theoharis Jacob $305,373
Previous Owner Theoharis Jacob $305,878
Previous Owner Phillips Gregory F $35,000
Previous Owner Phillips Gregory F $293,501
Previous Owner Phillips Gregory F $228,119
Previous Owner Churney Mrie A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $475,000 -2.2% $124 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $485,500 -- $127 / 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
2024 $8,637 $937,400 $300,200 $637,200
2023 $8,637 $906,400 $293,000 $613,400
2022 $8,196 $895,700 $301,200 $594,500
2021 $7,690 $662,700 $211,800 $450,900
2019 $5,363 $550,400 $181,400 $369,000
2018 $6,035 $498,300 $153,500 $344,800
2017 $5,355 $454,400 $128,700 $325,700
2016 $4,774 $339,200 $93,500 $245,700
2014 $4,576 $323,100 $89,800 $233,300
2013 $4,576 $302,900 $80,800 $222,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 890440

Northwest Multiple Listing Service (NWMLS)

APN: 726740-0022