NOT LISTED FOR SALE

1215 9th Ave SW Puyallup, WA 98371

Estimated Value: $421,000 - $519,000

4 Beds
2 Baths
1,560 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $380,000 $244 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,949/month

80 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Property is Fully Fenced
  • Puyallup High School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of January 2023

Investor Opportunity! Some TLC will offer instant equity putting your investment dollars to work for you in no time! This duplex style home has been collecting rents since the late 1990s with very little vacancy. Appraised in July 2022 for $530,000...this blank canvas is ready for your ideas and ingenuity providing tremendous opportunity. Brand new roof! Large, fenced yard with storage shed. Laundry Room/Mud Room on lower level. Detached 1-car garage and tons of additional off-street parking. Don't let this moment pass you by! Desirable neighborhood in downtown Puyallup! Priced to sell! Please don't disturb tenants.

Last Listed By

Terri Olson

Home Team Northwest Inc License #17772 Listed on: 08/18/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1984743

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1925

Lot Details

  • 6,760 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Schools

  • Maplewood Elementary School
  • Aylen Jnr High Middle School
  • Puyallup High School

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550520-236-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,391

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 180

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup
  • High School: Puyallup High
  • Middle Or Junior School: Aylen Jnr High

Lot Info

  • Parcel Number: 550520-236-0
  • Lot Size Acres: 0.1552
  • Lot Size Sq Ft: 6760
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3391

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1560
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Maplewood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jan 19, 2023
Sold by
Brammer Charles Ray
Bought by
Brammer Debra A
Seller's Agent
Terri Olson
Home Team Northwest Inc
Buyer's Agent
Tania Lopez
Engel & Voelkers North Tacoma
List Price
$399,950
Sold Price
$380,000
Premium/Discount to List
-$19,950
-4.99%
Total Days on Market
80
Views
66
Current Estimated Value
$477,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,660
Avg. Annual Appreciation
8.48%
Original Mortgage
$540,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jan 18, 2023
Sold by
Stoner Shawn T and Stoner Pamela
Bought by
Edwards Jaime M
Seller's Agent
Terri Olson
Home Team Northwest Inc
Buyer's Agent
Tania Lopez
Engel & Voelkers North Tacoma
List Price
$399,950
Sold Price
$380,000
Premium/Discount to List
-$19,950
-4.99%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Shepherd Brian R and Shepherd Kelli M
Bought by
Stoner Shawn T and Stoner Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1998
Sold by
Shepherd Brian R
Bought by
Shepherd Brian R and Shepherd Kelli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.06%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Absolute Trust Title Inc
Bought by
Shepherd Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,688
Interest Rate
8.58%
Mortgage Type
FHA

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
Edwards Jaime M -- Stewart Title
Stoner Shawn T $230,000 First American Title Ins Co
Shepherd Brian R -- Rainier Title Company
Shepherd Brian R -- First American Title Ins Co
Absolute Trust Title Inc $116,339 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Jaime M $540,000
Previous Owner Brammer Charles R $138,000
Previous Owner Shepherd Brian R $37,000
Previous Owner Shepherd Brian R $93,100
Previous Owner Shepherd Brian R $99,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $380,000 -5.0% $244 / Sq Ft
11/08/2022 11/08/22 For Sale $399,950 +5.3% $256 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/28/2022 10/28/22 Off Market $380,000 -- --
10/10/2022 10/10/22 Price Changed $399,950 0.0% $256 / Sq Ft
10/10/2022 10/10/22 For Sale $399,950 -4.8% $256 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $419,950 0.0% $269 / Sq Ft
09/16/2022 09/16/22 For Sale $419,950 -6.7% $269 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $450,000 -- $288 / 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
2024 $3,311 $351,300 $198,500 $152,800
2023 $3,311 $327,000 $183,600 $143,400
2022 $3,391 $355,100 $199,700 $155,400
2021 $3,140 $256,800 $132,800 $124,000
2019 $2,695 $233,400 $120,300 $113,100
2018 $2,491 $217,400 $109,700 $107,700
2017 $2,491 $196,600 $91,000 $105,600
2016 $2,200 $155,700 $68,000 $87,700
2014 $1,932 $143,300 $60,000 $83,300
2013 $1,932 $129,500 $50,900 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1984743

Northwest Multiple Listing Service (NWMLS)

APN: 550520-2360