Listed by Best Choice Realty LLC, Bought with Agile Property Management LLC
NOT LISTED FOR SALE

12003 112th Ave E Unit 12005 Puyallup, WA 98374

Estimated Value: $801,000 - $2,158,000

4 Beds
4 Baths
9,768 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $1,740,000 $178 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $7,222/month

62 Days on Market

Highlights

  • 2.09 Acre Lot
  • Wood Siding
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of November 2019

Four leased duplexes, total of 8 units on 2.09 acres. Five units have an extra bonus room being used as a third bedroom. Capital improvements include roofs and garage doors replaced on all buildings. Minutes from South Hill Mall and 512.

Last Agent to Sell the Property

Jeff Huling

Best Choice Realty LLC License #84348 Listed on: 09/11/2019

Best Choice Realty LLC

Last Buyer's Agent

Theresa Neal

Agile Property Management LLC License #111615

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1517808

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,427

Year Built

  • Built in 1991

Lot Details

  • 2.09 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 9,768 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 24 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Schools

  • Sunrise Elementary School
  • Ferrucci Jnr High Middle School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419108084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,427

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1991
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9768
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Septic
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 3670

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 0419108084
  • Lot Size Acres: 2.09
  • Lot Size Sq Ft: 91040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 11870

Multi Family

  • Gross Scheduled Income: 142440
  • Net Operating Income: 89987
  • Number Of Units Total: 8
  • Insurance Expense: 3959
  • Leasable Area: 9768
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 16427

MLS Schools

  • Elementary School: Sunrise Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 14, 2019
Sold by
Lawrence B Rody Family Llc
Bought by
Gyg Sutton Place Llc
Seller's Agent
Jeff Huling
Best Choice Realty LLC
Buyer's Agent
Theresa Neal
Agile Property Management LLC
List Price
$1,750,000
Sold Price
$1,740,000
Premium/Discount to List
-$10,000
-0.57%
Current Estimated Value
$1,262,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,333
Avg. Annual Appreciation
-8.89%
Original Mortgage
$1,090,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2006
Sold by
Kilmer Scott P and Kilmer Donna L
Bought by
Lawrence B Rody Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 2, 1996
Sold by
Zittel Edward A and Zittel Connie R
Bought by
Kilmer Scott P and Kilmer Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
Gyg Sutton Place Llc $1,740,000 First American Title Ins Co
Lawrence B Rody Family Llc $980,000 First American Title Insuran
Kilmer Scott P $155,000 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gyg Sutton Place Llc $1,090,000
Previous Owner Lawrence B Rody Family Llc $400,000
Previous Owner Kilmer Scott P $100,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $1,740,000 -0.6% $178 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $1,750,000 -- $179 / 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 $6,337 $706,500 $254,600 $451,900
2024 $6,337 $684,600 $247,100 $437,500
2023 $6,337 $602,500 $235,100 $367,400
2022 $6,332 $646,800 $226,100 $420,700
2021 $6,196 $482,700 $158,000 $324,700
2019 $4,857 $407,000 $139,700 $267,300
2018 $4,077 $372,400 $125,000 $247,400
2017 $4,077 $332,500 $107,300 $225,200
2016 $3,692 $257,500 $82,300 $175,200
2014 $3,497 $226,400 $73,200 $153,200
2013 $3,497 $203,300 $65,700 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1517808

Northwest Multiple Listing Service (NWMLS)

APN: 041910-8084