Listed by Coldwell Banker Bain, Bought with NW Properties Agency, Inc.
NOT LISTED FOR SALE

Estimated Value: $544,222 - $662,000

6 Beds
2 Baths
1,968 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $235,000 $119 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,769/month

108 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of October 2013

A good opportunity to own a solid duplex in Lakewood, on the edge of Steilacoom. 3 bedrooms, 1 bath in each unit. Forced air gas heat, one-car attached garages. tucked away on a short, private drive. Handy access to shopping, services and I-5. Owner has kept these units well-maintained and used professional management. Sale Fail. New roof just completed.

Last Agent to Sell the Property

Mike Flynn

Coldwell Banker Bain License #20637 Listed on: 04/21/2013

Coldwell Banker Bain

Last Buyer's Agent

Bill Price

NW Properties Agency, Inc. License #13978

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 476424

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219081081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,273

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1968
  • Special Features: None
  • Cumulative Days on Market: 429

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Cound Energy
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Lakewood Water
  • WaterSewerGarbage: 218

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 0219081081
  • Lot Size Acres: 0.3719
  • Lot Size Sq Ft: 16200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: false
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 11932
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1968
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2013
Closed on
Sep 27, 2013
Sold by
Hawkins Susan Elaine Crane
Bought by
Galvan Hye Cha
Seller's Agent
Mike Flynn
Coldwell Banker Bain
Buyer's Agent
Bill Price
NW Properties Agency, Inc.
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$605,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,806
Avg. Annual Appreciation
8.24%
Original Mortgage
$235,000
Outstanding Balance
$177,588
Interest Rate
4.57%
Mortgage Type
VA
Estimated Equity
$425,547

Purchase Details

Closed on
May 21, 1997
Sold by
Crane Joanne C and Crane Marvin W
Bought by
The M W Crane Exemption Trust
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
Galvan Hye Cha $235,000 Rainier Title Llc
The M W Crane Exemption Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Hye Cha $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $235,000 0.0% $119 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $235,000 -- $119 / 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 $5,617 $451,300 $217,500 $233,800
2024 $5,617 $463,900 $222,500 $241,400
2023 $5,617 $518,200 $226,800 $291,400
2022 $4,854 $504,400 $237,900 $266,500
2021 $4,612 $351,600 $145,900 $205,700
2019 $3,246 $318,300 $126,900 $191,400
2018 $3,408 $267,200 $111,300 $155,900
2017 $3,268 $228,500 $89,900 $138,600
2016 $2,815 $186,300 $57,400 $128,900
2014 $1,136 $175,000 $53,900 $121,100
2013 $1,136 $151,200 $44,500 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 476424

Northwest Multiple Listing Service (NWMLS)

APN: 021908-1081