Listed by Windermere Real Estate/East, Bought with Newberry Realty, Inc.
NOT LISTED FOR SALE

1200 7th Ave SE Puyallup, WA 98372

Estimated Value: $389,000 - $462,796

0.46 Acre
$904,376 Price per Acre
19,998 Sq Ft Lot

Last Sold January 16, 2024

Last sale price $250,000 $255 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,544/month

154 Days on Market

Highlights

  • No HOA
  • Puyallup High School Rated A-
  • Level Lot

About This Lot

As of January 2024

CALLING ALL INVESTORS/DEVELOPERS! 6-Plex Opportunity in a prime location; the heart of Downtown Puyallup! Building plans and civil engineering approved for multifamily sixplex. Five 2-story units will be 1463 SF each with one additional accessible unit at 696 SF for total rentable living space of 8011SF. Proposed rents of 2400-2500 / 2 story unit and 1800/1900 for the smaller unit. Either rent out when done, or condominiumize and sell separately. Buyer to verify all information to their satisfaction. Take advantage of this rare opportunity!

Last Agent to Sell the Property

Jim Melgard

Windermere Real Estate/East License #67531 Listed on: 07/18/2023

Windermere Real Estate/East

Co-Listed By

Christopher Nelson

Windermere Real Estate/East License #108770

Last Buyer's Agent

Nataliya Kravchishin

Newberry Realty, Inc. License #81515

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2137097

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,383

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Zoning described as RM10

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7845001330

Property Details

Property Type

Land

Est. Annual Taxes

$3,383

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Improvements: Dwelling
  • Special Features: None
  • Cumulative Days on Market: 666

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property, See Remarks
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 7845001330
  • Topography: Level
  • Lot Size Acres: 0.4591
  • Lot Size Sq Ft: 20000
  • Zoning Description: RM10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3383

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jan 12, 2024
Sold by
Eastside Funding Llc
Bought by
Seatac Enterprise Llc
Seller's Agent
Jim Melgard
Windermere Real Estate/East
Buyer's Agent
Nataliya Kravchishin
Newberry Realty, Inc.
List Price
$425,000
Sold Price
$250,000
Premium/Discount to List
-$175,000
-41.18%
Views
100
Current Estimated Value
$415,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,199
Avg. Annual Appreciation
36.51%

Purchase Details

Closed on
Mar 15, 2023
Sold by
Tac Build Llc
Bought by
Next Time Llc

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 8, 2019
Sold by
Secured Holdings Llc
Bought by
Tac Build Llc
Seller's Agent
Teri Hill
Dove Realty, Inc.
List Price
$300,000
Sold Price
$235,000
Premium/Discount to List
-$65,000
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$618,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2019
Sold by
Torrey Keith D and Torrey Lucy L
Bought by
Secured Holdings

Purchase Details

Closed on
Sep 21, 2018
Sold by
Torrey Keith D and Torrey Lucy L
Bought by
Secured Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,609
Interest Rate
4.5%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Seatac Enterprise Llc $250,000 First American Title Insurance
Next Time Llc -- --
Tac Build Llc $235,000 Ticor Title
Secured Holdings $147,609 None Available
Secured Holdings Llc $147,609 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tac Build Llc $618,000
Previous Owner Tac Build Llc $239,700
Previous Owner Secured Holdings Llc $147,609
Previous Owner Torrey Keith Duane $107,490
Previous Owner Torrey Keith D $128,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $250,000 -16.6% $255 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/18/2023 12/18/23 Price Changed $299,900 -29.4% $306 / Sq Ft
11/27/2023 11/27/23 For Sale $425,000 0.0% $434 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $425,000 +80.9% $434 / Sq Ft
10/11/2019 10/11/19 Sold $235,000 -14.5% $167 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $275,000 -8.3% $195 / Sq Ft
08/05/2019 08/05/19 For Sale $300,000 -- $213 / 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 $3,603 $355,500 $276,000 $79,500
2024 $3,603 $371,100 $266,900 $104,200
2023 $3,603 $354,600 $258,600 $96,000
2022 $3,383 $378,200 $283,600 $94,600
2021 $3,159 $255,900 $178,500 $77,400
2019 $3,084 $277,700 $160,200 $117,500
2018 $3,092 $249,200 $146,500 $102,700
2017 $2,814 $221,500 $123,700 $97,800
2016 $2,485 $168,300 $85,000 $83,300
2014 $593 $161,900 $79,700 $82,200
2013 $593 $140,100 $68,300 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2137097

Northwest Multiple Listing Service (NWMLS)

APN: 784500-1330