Listed by AgencyOne, Bought with Windermere Abode
NOT LISTED FOR SALE

Estimated Value: $879,000 - $984,039

8 Beds
4 Baths
3,612 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $610,000 $169 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,746/month

38 Days on Market

Highlights

  • Secluded Lot
  • Partially Fenced Property
  • Wall to Wall Carpet
  • High Speed Internet
  • Wood Siding

About This Home

As of October 2018

Hard to come by 4 four flex in private residential area! Close proximity to freeway and shopping access. Units have been fully remodeled within the last few years! New exterior paint this year and updates to septic have been completed making this a turn key property in a great location! . Rents are well below market value and will allow for plenty of investment growth! Don't miss this one!

Last Agent to Sell the Property

Michael Buck

AgencyOne License #26288 Listed on: 07/24/2018

AgencyOne

Last Buyer's Agent

Derrik Shockman

Windermere Abode License #22014960

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1334026

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,041

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.57 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Value in Land

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,612 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Outbuilding

Utilities

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

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4465000079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,041

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3612
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 392

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: pse
  • SewerCompany: septic
  • WaterCompany: summit water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 4465000079
  • Lot Size Acres: 0.5743
  • Lot Size Sq Ft: 25016
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Outbuildings
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 4250

Multi Family

  • Gross Scheduled Income: 53400
  • Net Operating Income: 43770
  • Number Of Units Total: 4
  • Leasable Area: 3612
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 3, 2018
Sold by
Robinett Jason G
Bought by
Carl Jessica A and Carl Daniel J
Seller's Agent
Michael Buck
AgencyOne
Buyer's Agent
Derrik Shockman
Windermere Abode
List Price
$649,950
Sold Price
$610,000
Premium/Discount to List
-$39,950
-6.15%
Current Estimated Value
$931,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,520
Avg. Annual Appreciation
6.30%
Original Mortgage
$366,000
Outstanding Balance
$276,941
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$651,744

Purchase Details

Closed on
Jun 27, 2017
Sold by
Robinnet Jason G and Robinnet Aleksandra Lazovic
Bought by
Robinett Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 12, 2014
Sold by
Timberland Bank
Bought by
Robinett Jason G
Seller's Agent
Julie Mayer
Skyline Properties, Inc.
Buyer's Agent
Michael Buck
AgencyOne
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$302,750
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2014
Sold by
Reed James R and Reed Renae A
Bought by
Timberland Bank

Purchase Details

Closed on
Dec 27, 2006
Sold by
Stone Michael J and Stone Annelore
Bought by
Reed James R and Reed Renae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
Commercial
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
Carl Jessica A $609,719 Ticor Title
Robinett Jason G -- First American Title
Robinett Jason G $324,719 Fidelity National Title
Timberland Bank $280,193 None Available
Reed James R $325,000 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carl Jessica A $366,000
Previous Owner Robinett Jason G $297,000
Previous Owner Robinett Jason G $302,750
Previous Owner Reed James R $260,000
Previous Owner Reed James R $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $610,000 -2.4% $169 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $624,950 -3.8% $173 / Sq Ft
07/24/2018 07/24/18 For Sale $649,950 +100.0% $180 / Sq Ft
12/17/2014 12/17/14 Sold $325,000 0.0% $90 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $325,000 -- $90 / 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 $8,041 $752,000 $284,300 $467,700
2024 $8,041 $749,900 $266,000 $483,900
2023 $8,041 $732,500 $257,100 $475,400
2022 $8,127 $753,700 $283,700 $470,000
2021 $7,572 $570,800 $186,200 $384,600
2019 $5,680 $532,200 $156,100 $376,100
2018 $5,290 $414,700 $132,200 $282,500
2017 $4,760 $342,300 $111,800 $230,500
2016 $4,543 $268,700 $79,100 $189,600
2014 $4,144 $267,300 $82,400 $184,900
2013 $4,144 $250,300 $74,200 $176,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1334026

Northwest Multiple Listing Service (NWMLS)

APN: 446500-0079