Listed by Gateway Real Estate, Bought with John L. Scott Everett
$665,000
SOLD NOV 14, 2024

11616 80th Ave E Puyallup, WA 98373

-- Bed
-- Bath
2,176 Sq Ft
0.29 Acres

Recently Sold

$306 Per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of November 2024

Presenting a fantastic investment opportunity in the heart of Puyallup, whether you are an investor or looking to house hack this is it!! This very well maintained 2,176 SqFt duplex boasts 5 bedrooms and 2.25 baths! Unit 11616 is vacant and ready for a new tenant or homeowner! It offers a large 1,300 sgft layout w/ 3 bed & 1.75 bath, brand new appliances and major updates throughout. Unit 11618 is 876 sqft 2 bed, 1.5 bath. Rented with great tenants. Both units have undergone renovations in the last two years. Featuring a large fenced lot on a dead end street, brand new 30yr roof, garages & storage units for extra cash flow. . With minimal maintenance required, this property allows you to sit back and enjoy steady profits. Don't miss this!

Last Agent to Sell the Property

Joseph Layer

Gateway Real Estate License #105741 Listed on: 09/27/2024

Gateway Real Estate

Last Buyer's Agent

Bruce Hoffman

John L. Scott Everett License #110831

John L. Scott Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2295866

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,565

Year Built

  • Built in 1969

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5325000507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,565

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2176
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 1440

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 5325000507
  • Lot Size Acres: 0.2893
  • Lot Size Sq Ft: 12600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Outbuildings
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14.44
  • LeasedItems: None
  • TotalMonthlyIncome: 4300

Multi Family

  • Gross Scheduled Income: 51600
  • Net Operating Income: 43095
  • Number Of Units Total: 2
  • Insurance Expense: 1500
  • Leasable Area: 2176
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 29, 2024
Sold by
Luzhnykha Nikita
Bought by
Mishra Sonali and Mishra Soumya
Seller's Agent
Joseph Layer
Gateway Real Estate
Buyer's Agent
Bruce Hoffman
John L. Scott Everett
List Price
$665,000
Sold Price
$665,000
Views
21
Current Estimated Value
$696,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,360
Avg. Annual Appreciation
4.97%
Original Mortgage
$498,750
Outstanding Balance
$493,785
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$202,575

Purchase Details

Listed on
Apr 27, 2022
Closed on
Apr 25, 2022
Sold by
Nadezhda Luzhnykh
Bought by
Luzhnykh Nikita
Seller's Agent
Elsa Nunes-Ueno
COMPASS
Buyer's Agent
Joseph Layer
Gateway Real Estate
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$475,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2022
Closed on
Apr 20, 2022
Sold by
Dawn Shaikh Audrey
Bought by
Luzhnykh Nikita
Seller's Agent
Elsa Nunes-Ueno
COMPASS
Buyer's Agent
Joseph Layer
Gateway Real Estate
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2015
Closed on
Aug 20, 2015
Sold by
Shaikh Moin and Shaikh Audrey Dawn
Bought by
Shaikh Audrey Dawn
Seller's Agent
Jim Marso
Better Properties N. Proctor
Buyer's Agent
Jennifer Beadles
Agents Invest
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$183,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2007
Sold by
Clark James R and Clark Carol A
Bought by
Krautmann Edward H and Krautmann Chelsea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,320
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Creighton Christopher
Bought by
Clark James R and Clark Carol A

Purchase Details

Closed on
Sep 23, 2002
Sold by
Clark James R
Bought by
Creighton Christopher D
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $665,000 Chicago Title
Warranty Deed $665,000 Chicago Title
Quit Claim Deed -- Ticor Title
Warranty Deed $490,000 Ticor Title
Interfamily Deed Transfer -- Attorneys Title
Warranty Deed $244,719 Attorneys Title
Warranty Deed $327,900 Chicago Title Insurance Co
Interfamily Deed Transfer $62,500 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,750 New Conventional
Closed $498,750 New Conventional
Previous Owner $475,000 New Conventional
Previous Owner $183,750 New Conventional
Previous Owner $262,320 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Off Market $2,249 -- --
01/13/2025 01/13/25 For Rent $2,249 0.0% --
01/02/2025 01/02/25 Off Market $2,249 -- --
12/19/2024 12/19/24 Price Changed $2,249 0.0% $2 / Sq Ft
11/30/2024 11/30/24 Price Changed $2,250 -2.2% $2 / Sq Ft
11/23/2024 11/23/24 For Rent $2,300 0.0% --
11/14/2024 11/14/24 Sold $665,000 0.0% $306 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $665,000 +35.7% $306 / Sq Ft
04/27/2022 04/27/22 Sold $490,000 0.0% $225 / Sq Ft View Prior Sale
04/27/2022 04/27/22 For Sale $490,000 +100.0% $225 / Sq Ft
08/24/2015 08/24/15 Sold $245,000 -5.8% $113 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $260,000 -- $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 $5,364 $535,700 $199,700 $336,000
2024 $5,364 $509,800 $190,900 $318,900
2023 $5,364 $500,400 $195,900 $304,500
2022 $4,947 $488,000 $189,600 $298,400
2021 $4,397 $330,600 $121,600 $209,000
2019 $3,817 $298,600 $106,400 $192,200
2018 $3,892 $285,300 $103,300 $182,000
2017 $3,438 $260,600 $87,500 $173,100
2016 $3,023 $206,900 $71,100 $135,800
2014 $2,850 $182,300 $58,800 $123,500
2013 $2,850 $166,900 $54,100 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2295866

Northwest Multiple Listing Service (NWMLS)

APN: 532500-0507