Listed by Highest Offer, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $465,114 - $593,000

4 Beds
3 Baths
2,071 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $350,000 $169 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,217/month

23 Days on Market

About This Home

As of September 2020

Fully permitted remodel in 2014 - Electrical, Plumbing, Drywall, Insulation, Roof, etc. *Property located in Opportunity Zone. 3 bed 1.5 bath Victorian home with attached 1 bed 1 bath unit. Undermarket rents. Property borders Springbrook park, city of Lakewood invested 1 million dollars re-developing. A brand new 207 unit apt complex was completed in the past year that also significantly enhanced neighborhood. Easy access to I-5, Train/Bus. Seller has neighboring 4plex for sale. MLS#1615520.

Last Agent to Sell the Property

Shanah Daley

Highest Offer License #27241 Listed on: 06/25/2020

Last Buyer's Agent

Steve & Meriam Knoblaugh

COMPASS License #25542

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1615596

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1915

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2,071 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219127017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,726

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2071
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 393

Interior Features

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

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Lakeview
  • SewerCompany: Pierce County Sewer
  • WaterSewerGarbage: 1950

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 0219127017
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: pierce County Assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1950

Multi Family

  • Gross Scheduled Income: 23400
  • Net Operating Income: 17040
  • Number Of Units Total: 3
  • Insurance Expense: 750
  • Leasable Area: 2071
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Briardy Gabriel M
Bought by
Marada Sunil Kumar and Mokkapati Harisha
Current Estimated Value
$533,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$256,295
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$284,561

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 29, 2020
Sold by
Daley Christian
Bought by
Briardy Gabriel M
Seller's Agent
Shanah Daley
Highest Offer
Buyer's Agent
Steve & Meriam Knoblaugh
COMPASS
List Price
$379,950
Sold Price
$350,000
Premium/Discount to List
-$29,950
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$358,050
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Jul 11, 2011
Closed on
Jul 25, 2012
Sold by
Daley Lisa M
Bought by
Daley Christian
List Price
$150,000
Sold Price
$70,000
Premium/Discount to List
-$80,000
-53.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.89%
Original Mortgage
$78,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2005
Sold by
Daniels Tanya L
Bought by
Hudson Douglas A and Hudson Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Perloff Marvin
Bought by
Daniels Tanya Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
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
Marada Sunil Kumar $500,000 Wfg Natl Ttl Co Of Wa Llc
Briardy Gabriel M $350,000 Fidelity National Title
Daley Christian -- None Available
Daley Christian $70,000 None Available
Hudson Douglas A $190,000 Trans
Daniels Tanya Lee $149,900 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marada Sunil Kumar $281,250
Previous Owner Briardy Gabriel M $358,050
Previous Owner Daley Christian T $80,500
Previous Owner Daley Christian $78,000
Previous Owner Hudson Douglas A $198,000
Previous Owner Hudson Douglas A $142,500
Previous Owner Daniels Tanya Lee $119,920
Closed Hudson Douglas A $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $350,000 +3.0% $169 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $339,950 -5.6% $164 / Sq Ft
07/03/2020 07/03/20 Price Changed $359,950 -5.3% $174 / Sq Ft
06/25/2020 06/25/20 For Sale $379,950 +442.8% $183 / Sq Ft
08/01/2012 08/01/12 Sold $70,000 -53.3% $34 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $150,000 -- $72 / 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 $4,001 $384,000 $177,200 $206,800
2024 $4,001 $392,400 $166,100 $226,300
2023 $4,001 $364,100 $153,000 $211,100
2022 $4,769 $365,600 $153,000 $212,600
2021 $4,439 $337,900 $92,900 $245,000
2019 $3,217 $272,100 $67,000 $205,100
2018 $3,133 $264,700 $61,500 $203,200
2017 $2,794 $209,500 $44,400 $165,100
2016 $2,324 $162,000 $35,400 $126,600
2014 $2,150 $143,300 $28,900 $114,400
2013 $2,150 $139,300 $28,900 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1615596

Northwest Multiple Listing Service (NWMLS)

APN: 021912-7017