Listed by Keller Williams Rty Tacoma, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

120 5th St NE Puyallup, WA 98372

Estimated Value: $508,000 - $760,000

1 Bed
3 Baths
1,800 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $469,000 $261 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,951/month

89 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Wall to Wall Carpet
  • Puyallup High School Rated A-

About This Home

As of November 2019

Income producing triplex in Downtown Puyallup. Close to sounder train, downtown restaurants, & even schools! Downstairs units market rent is around $950 per unit & upstairs could rent for potentially $1150. Every unit has been updated. Each of the 3 units has their own entrance, utilities, & washer/dryer. Great opportunity for cash flow! Buyer to verify all information to their satisfaction.

Last Agent to Sell the Property

Greg Stock

Keller Williams Rty Tacoma License #114407 Listed on: 07/01/2019

Keller Williams Rty Tacoma

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1486731

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1905

Lot Details

  • 7,560 Sq Ft Lot
  • Lot Dimensions are 101 x 66
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042027-2-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,926

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 438

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 1838

Schools

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

Lot Info

  • Parcel Number: 042027-2-045
  • Lot Size Acres: 0.1736
  • Lot Size: 101 x 66
  • Lot Size Sq Ft: 7560
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2926

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 895
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 6, 2019
Sold by
Coenen Properties Llc
Bought by
Clark Jonathan M and Clark Deanna
Seller's Agent
Greg Stock
Keller Williams Rty Tacoma
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$499,950
Sold Price
$469,000
Premium/Discount to List
-$30,950
-6.19%
Current Estimated Value
$658,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,469
Avg. Annual Appreciation
6.04%
Original Mortgage
$375,200
Outstanding Balance
$331,824
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$326,144

Purchase Details

Closed on
Apr 10, 2013
Sold by
Coenen John P
Bought by
Coenen Properties Llc

Purchase Details

Closed on
Aug 1, 1997
Sold by
Koe Teresa Ann
Bought by
Coenen John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back
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
Clark Jonathan M $469,000 Ticor Title
Coenen Properties Llc -- None Available
Coenen John P $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jonathan M $375,200
Previous Owner Coenen John P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $469,000 0.0% $261 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $469,000 -6.2% $261 / Sq Ft
07/01/2019 07/01/19 For Sale $499,950 -- $278 / 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 $4,364 $472,300 $229,900 $242,400
2024 $4,364 $446,000 $204,700 $241,300
2023 $4,364 $415,100 $189,300 $225,800
2022 $4,266 $436,700 $205,900 $230,800
2021 $3,962 $314,100 $136,900 $177,200
2019 $2,926 $263,300 $124,100 $139,200
2018 $2,967 $238,100 $113,800 $124,300
2017 $2,698 $214,100 $94,300 $119,800
2016 $2,406 $171,300 $70,500 $100,800
2014 $2,107 $158,000 $62,200 $95,800
2013 $2,107 $141,600 $52,700 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1486731

Northwest Multiple Listing Service (NWMLS)

APN: 042027-2045