Listed by Better Homes and Gardens RE PC, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

11233 71st Avenue Ct E Unit 1-16 Puyallup, WA 98373

Estimated Value: $455,000 - $646,000

2 Beds
3 Baths
25,934 Sq Ft
$20/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $3,320,000 $128 Per Sq Ft

Current estimated payment $3,109/month

28 Days on Market

Highlights

  • 1.09 Acre Lot
  • Cul-De-Sac
  • Property is in very good condition
  • Thermal Windows
  • Patio
  • Wall to Wall Carpet

About This Home

As of July 2017

16 Townhome Style Homes built in 2007-2010 in excellent condition. 14 of the units offer over 1570 sq ft with 2 BR, large den, 2.5 baths and a 2 car garage. 2 units offer over 1140 sq ft, 2 BR, 2.5 baths and a 1 car garage. Gas heat / water and gas fireplaces. Private patio backyards, plenty of storage, nicely landscaped, smart floor plans. Current rents are all on month to month and are $350-$400 under market rents per unit.Tenants pay all utilities. Owner financing available.

Last Agent to Sell the Property

David Greening

Better Homes and Gardens RE PC License #21955 Listed on: 03/30/2017

Better Homes and Gardens RE PC

Last Buyer's Agent

Pieter Salverda

Windermere RE Greenwood License #23814

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1096287

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,850

Year Built

  • Built in 2007

Lot Details

  • 1.09 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 25,934 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 58 Parking Spaces
  • 29 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number see remarks

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,850

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 25934
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 29
  • Open Parking Spaces: 29
  • Open Parking: Yes
  • Total Parking Spaces: 58
  • ParkingUncoveredSpaces: 29

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Fruitland
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: see remarks
  • Lot Size Acres: 1.0859
  • Lot Size Sq Ft: 47300
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 18945

Multi Family

  • Gross Scheduled Income: 227340
  • Net Operating Income: 222688
  • Number Of Units Total: 16
  • Insurance Expense: 4552
  • Leasable Area: 25934
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 43850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Michelle Jean Morton 2020 Irrevocable Tr and Kristina Marie Straus 2020 Irrevocable T
Bought by
Lynx Townhomes Llc
Current Estimated Value
$524,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,770,000
Outstanding Balance
$2,757,657
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$2,233,324

Purchase Details

Closed on
Dec 18, 2020
Sold by
Dave Straus Revocable Living Trust and Straus Dave
Bought by
Michelle Jean Morton 2020 Irrevocable Trust and Kristina Marie Straus 2020 Irrevocable Trust

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 6, 2017
Sold by
Petry Terry L and Petry Deanne
Bought by
Straus Dave and The Dave Straus Revocable Living Trust
Seller's Agent
David Greening
Better Homes and Gardens RE PC
Buyer's Agent
Pieter Salverda
Windermere RE Greenwood
List Price
$3,760,000
Sold Price
$3,320,000
Premium/Discount to List
-$440,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.07%
Original Mortgage
$1,960,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 2008
Sold by
Petry Donald L and Petry Terry L
Bought by
Petry Terry L and Petry Deanne
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
Lynx Townhomes Llc $4,900,000 Cw Title
Michelle Jean Morton 2020 Irrevocable Trust -- None Listed On Document
Straus Dave $3,239,719 Fidelity National Title
Petry Terry L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynx Townhomes Llc $2,770,000
Previous Owner Straus Dave $1,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $3,320,000 -5.1% $128 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $3,500,000 -6.9% $135 / Sq Ft
03/30/2017 03/30/17 For Sale $3,760,000 -- $145 / 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 $3,819 $402,400 $148,200 $254,200
2024 $3,819 $390,900 $141,600 $249,300
2023 $3,819 $350,600 $145,400 $205,200
2022 $3,538 $339,600 $140,700 $198,900
2021 $3,429 $257,200 $95,800 $161,400
2019 $2,936 $242,400 $83,900 $158,500
2018 $2,977 $218,500 $81,500 $137,000
2017 $2,786 $198,400 $69,000 $129,400
2016 $2,430 $161,900 $56,100 $105,800
2014 $2,229 $146,100 $43,000 $103,100
2013 $2,229 $131,700 $39,600 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1096287

Northwest Multiple Listing Service (NWMLS)

APN: 602564-0080