Listed by Heaton Dainard, LLC, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

12109 114th Avenue Ct E Puyallup, WA 98374

Estimated Value: $942,000 - $958,042

6 Beds
4 Baths
3,026 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $595,000 $197 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,677/month

2 Days on Market

Highlights

  • Deck
  • Patio
  • Wall to Wall Carpet

About This Home

As of October 2019

Great Investment Opportunity in Puyallup! Well maintained 4-plex with great South Hill location close to all amenities, including shopping and freeways. Two units are 2 bed/1 bath & 2 units are large 1 bed/1 bath. One unit has been completely redone. Still plenty of upside by upgrading other 3 units.

Last Agent to Sell the Property

James Dainard

Heaton Dainard, LLC License #108050 Listed on: 09/19/2019

Heaton Dainard, LLC

Co-Listed By

Jennifer Hafner

Heaton Dainard, LLC License #134914

Last Buyer's Agent

Nelya Calev

John L. Scott, Inc License #97542

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1521681

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,977

Year Built

  • Built in 1976

Lot Details

  • 0.42 Acre Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,026 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • Septic System

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419108004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,977

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3026
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 2715

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0419108004
  • Lot Size Acres: 0.42
  • Lot Size: 18295
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 36094
  • Number Of Units Total: 4
  • Electric Expense: 674
  • Insurance Expense: 2100
  • Leasable Area: 2754
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
12109 114Th Llc
Bought by
Shui Kiana Rose
Current Estimated Value
$950,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,750
Outstanding Balance
$870,960
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$70,580

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lipstein Allan and Lipstein Sari Brosh
Bought by
12109 114Th Llc

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 24, 2019
Sold by
Gtg Properties Llc
Bought by
Lipstein Allan and Lipstein Sari Brosh
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Nelya Calev
John L. Scott, Inc
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$446,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 4, 2018
Sold by
Coffey Larry V and Coffey Anita M
Bought by
Gtg Properties Llc
Seller's Agent
William Stegeman
Designed Realty
Buyer's Agent
Kevin Mugi
Lookup Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.77%

Purchase Details

Closed on
Feb 18, 2009
Sold by
Coffey Logan D
Bought by
Coffey Larry and Coffey Anita M

Purchase Details

Closed on
Nov 8, 2001
Sold by
Romans Michael L and Romans Priscilla M
Bought by
Coffey Logan Dane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
6.63%
Mortgage Type
Commercial
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
Shui Kiana Rose $924,600 Stewart Title
12109 114Th Llc -- Accommodation
Lipstein Allan $595,000 Fidelity National Title
Gtg Properties Llc $414,719 Ticor Title
Coffey Larry -- None Available
Coffey Logan Dane $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shui Kiana Rose $878,750
Previous Owner Lipstein Allan $446,250
Previous Owner Coffey Logan Dane $152,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $595,000 0.0% $197 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $595,000 +43.4% $197 / Sq Ft
05/11/2018 05/11/18 Sold $415,000 -2.4% $151 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $425,000 -- $154 / 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 $7,377 $723,100 $235,800 $487,300
2024 $7,377 $695,100 $228,900 $466,200
2023 $7,377 $673,700 $217,800 $455,900
2022 $7,524 $693,600 $209,400 $484,200
2021 $6,967 $527,600 $145,300 $382,300
2019 $4,977 $430,800 $128,400 $302,400
2018 $4,779 $363,800 $114,900 $248,900
2017 $4,245 $311,400 $98,700 $212,700
2016 $3,618 $241,200 $75,700 $165,500
2014 $1,697 $210,400 $67,200 $143,200
2013 $1,697 $188,800 $60,300 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1521681

Northwest Multiple Listing Service (NWMLS)

APN: 041910-8004