Listed by Dove Realty, Inc., Bought with John L. Scott, Inc
NOT LISTED FOR SALE

10412 7th St E Unit 10418 Edgewood, WA 98372

Estimated Value: $1,134,000 - $1,458,242

8 Beds
6 Baths
4,320 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $794,500 $184 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,756/month

6 Days on Market

Highlights

  • Patio
  • Open Space
  • High Speed Internet
  • Discovery Primary School Rated A-
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of December 2017

Turn Key investment property fully occupied great rental history in desirable Edgewood a commuters dream. All four units have been renovated this property is a winner!

Last Agent to Sell the Property

Kyle Graham

Dove Realty, Inc. License #97318 Listed on: 10/30/2017

Last Buyer's Agent

Dawson Van Pelt

John L. Scott, Inc License #114548

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1212849

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 1982

Lot Details

  • 0.4 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0420036006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,638

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1982
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4320
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Tile
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • WaterSewerGarbage: 4141

Schools

  • Junior High Dist: Fife

Lot Info

  • Parcel Number: 0420036006
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 5500

Multi Family

  • Gross Scheduled Income: 66000
  • Net Operating Income: 57752
  • Number Of Units Total: 4
  • Insurance Expense: 2069
  • Leasable Area: 4320
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 29, 2017
Sold by
Johnson Shane A and Johnson Krista L
Bought by
Hornet Properties Llc
Seller's Agent
Kyle Graham
Dove Realty, Inc.
Buyer's Agent
Dawson Van Pelt
John L. Scott, Inc
List Price
$799,900
Sold Price
$794,500
Premium/Discount to List
-$5,400
-0.68%
Current Estimated Value
$1,296,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,621
Avg. Annual Appreciation
5.82%
Original Mortgage
$556,150
Outstanding Balance
$470,416
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$764,101

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 8, 2017
Sold by
Chi Rho Llc
Bought by
Johnson Shane A and Johnson Krista L
Seller's Agent
Kyle Graham
Dove Realty, Inc.
Buyer's Agent
Dawson Van Pelt
John L. Scott, Inc
List Price
$799,900
Sold Price
$794,500
Premium/Discount to List
-$5,400
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,150
Outstanding Balance
$470,416
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$764,101

Purchase Details

Closed on
May 17, 2017
Sold by
Clancy Ryan P and Clancy Jennifer K
Bought by
Chi Rho Llc

Purchase Details

Closed on
Aug 15, 2016
Sold by
Chi Rho Llc
Bought by
Clancy Ryan P and Clancy Jennifer K

Purchase Details

Closed on
May 29, 2015
Sold by
Clancy Ryan P and Clancy Jennifer K
Bought by
Chi Rho Llc

Purchase Details

Closed on
Mar 13, 2014
Sold by
Kitts Beth C and Kitts David H
Bought by
Clancy Ryan P and Clancy Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2002
Sold by
Ecker William H
Bought by
Kitts David H and Kitts Beth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 1999
Sold by
Ecker William H
Bought by
Ecker William H and Ecker Jean I
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
Hornet Properties Llc -- None Available
Johnson Shane A $794,219 First American Title Insuran
Chi Rho Llc -- None Available
Clancy Ryan P -- None Available
Chi Rho Llc -- None Available
Clancy Ryan P $449,719 Wfg National Title Company
Kitts David H -- Chicago Title
Ecker William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Shane A $556,150
Previous Owner Clancy Ryan P $441,849
Previous Owner Kitts David H $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $794,500 -0.7% $184 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $799,900 0.0% $185 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
11/02/2017 11/02/17 Price Changed $799,900 +14.3% $185 / Sq Ft
10/30/2017 10/30/17 For Sale $699,900 -- $162 / 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 $10,612 $951,200 $308,000 $643,200
2024 $10,612 $993,400 $253,800 $739,600
2023 $10,612 $1,022,000 $245,800 $776,200
2022 $10,699 $989,700 $261,900 $727,800
2021 $10,588 $779,600 $188,000 $591,600
2019 $7,852 $670,300 $153,900 $516,400
2018 $6,288 $604,900 $138,000 $466,900
2017 $5,638 $485,800 $114,700 $371,100
2016 -- $377,800 $87,100 $290,700
2014 $4,473 $357,600 $78,400 $279,200
2013 $4,473 $322,600 $67,500 $255,100
Source: Public Records

Agents Affiliated with this Home

  • Kyle Graham

    Seller's Agent in 2017

    Kyle Graham

    Dove Realty, Inc.

    (360) 349-7940

    147 Total Sales

    Kyle Graham
    Section Image

  • D

    Buyer's Agent in 2017

    Dawson Van Pelt

    John L Scott

    (206) 981-1573

    2 in this area

    164 Total Sales

    Dawson Van Pelt
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1212849

Northwest Multiple Listing Service (NWMLS)

APN: 042003-6006

Washington Pierce County Edgewood 98372

10412 7th St E Unit 10418, Edgewood, WA

This home is located at 10412 7th St E Unit 10418, Edgewood, WA 98372 since 30 October 2017 and is currently estimated at $1,296,121, approximately $300 per square foot. This property was built in 1982. 10412 7th St E Unit 10418 is a home located in Pierce County with nearby schools including Discovery Primary School, Hedden Elementary School, and Surprise Lake Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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