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.
Home Team Northwest IncLicense #17772Listed on: 08/18/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1984743
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
DateNameOwned ForOwner Type
Jan 2023 - PresentBrammer Debra A2 Years and 4 Months
Private Individual
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
Jan 2023 - Jan 2023Edwards Jaime MLess than a month
Private Individual
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
Nov 2005 - Jan 2023Stoner Shawn T and Stoner Pamela17 Years and 2 Months
Private Individual
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
Mar 1998 - Nov 2005Shepherd Brian R and Shepherd Kelli M7 Years and 8 Months
Private Individual
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%
Sep 1994 - Mar 1998Shepherd Brian R3 Years and 6 Months
Private Individual
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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Great investment opportunity on a duplex in Puyallup. Each side is 2-bedroom, 1-bath, in unit laundry and 1-car attached garage, fully fenced backyards. Conveniently located near shops, restaurants, South Hill Mall and with close proximity to freeway. Top rated Puyallup schools. Tenant occupied, please respect their privacy.
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1215 9th Ave SW, Puyallup, WA 98371 since 18 August 2022 and is currently estimated at $477,660, approximately $306 per square foot. This property was built in 1925. 1215 9th Ave SW is a home located in Pierce County with nearby schools including Maplewood Elementary School, Aylen Junior High School, and Puyallup High School.
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