Listed by William E. Johnson
NOT LISTED FOR SALE

11622 112th Ave E Puyallup, WA 98374

Estimated Value: $621,000 - $795,000

4 Beds
4 Baths
2,060 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $470,000 $228 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,273/month

76 Days on Market

Highlights

  • Cul-De-Sac
  • Property is Fully Fenced
  • 1-Story Property
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of December 2019

Investment opportunity! Well maintained duplex with reliable tenants. Both sides 2 bedroom 2 full
bathrooms. Fully fenced backyards, new paint, new roof, and a great location in a quiet neighborhood.
Never vacant(72 hour notice required) . Very low maintenance. Tenants pay all utilities.

Last Agent to Sell the Property

Bill Johnson

William E. Johnson License #50058 Listed on: 08/18/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1507338

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1995

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6021530040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,498

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2060
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: Tacoma Water
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Puyallup
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6021530040
  • Lot Size Acres: 0.3489
  • Lot Size Sq Ft: 15200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: seller

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 28286
  • Number Of Units Total: 2
  • Insurance Expense: 816
  • Leasable Area: 2100
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4498

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
Dec 5, 2019
Sold by
Nelson Luke M
Bought by
Raved Sara
Seller's Agent
Bill Johnson
William E. Johnson
Buyer's Agent
Alan and Tasha Withers
Keller Williams Realty Bothell
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Current Estimated Value
$716,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,079
Avg. Annual Appreciation
7.81%
Original Mortgage
$352,500
Outstanding Balance
$312,705
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$414,182

Purchase Details

Closed on
Oct 21, 2015
Sold by
Burress William A and Burress Maria J
Bought by
Nelson Luke M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,780
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2005
Sold by
Bauer Michael C
Bought by
Burress William A and Burress Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Raved Sara $470,000 Wfg Natl Ttl Co Of Wa Llc
Nelson Luke M $259,719 First American Title Ins Co
Burress William A $290,000 Ticor Title Of Washington In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raved Sara $352,500
Previous Owner Nelson Luke M $219,780
Previous Owner Burress William A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $470,000 -3.1% $228 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $485,000 0.0% $235 / Sq Ft
09/11/2019 09/11/19 For Sale $485,000 -2.0% $235 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $495,000 -- $240 / 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 $5,711 $632,400 $242,000 $390,400
2024 $5,711 $611,400 $234,900 $376,500
2023 $5,711 $540,600 $223,500 $317,100
2022 $5,691 $578,100 $214,900 $363,200
2021 $5,517 $427,600 $149,800 $277,800
2019 $4,356 $363,600 $132,400 $231,200
2018 $3,668 $332,400 $118,500 $213,900
2017 $3,668 $294,400 $101,700 $192,700
2016 $3,337 $229,600 $78,100 $151,500
2014 $3,150 $203,700 $71,200 $132,500
2013 $3,150 $184,100 $63,900 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1507338

Northwest Multiple Listing Service (NWMLS)

APN: 602153-0040