NOT LISTED FOR SALE

Estimated Value: $651,000 - $862,000

6 Beds
5 Baths
2,884 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $395,000 $137 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,635/month

4 Days on Market

About This Home

As of June 2017

Large, newly listed duplex over 1400 sf per side in Parkland/Midland with 3 bedrooms, 2.5 baths per side. Kitchen, living room, dinning room, laundry and half bath on main. Master with full bath and additional 2 bedrooms and 1 bath up. Close to school and freeways, private yards, and extra parking.

Last Buyer's Agent

Jessica Ward

Keller Williams Realty PS License #25780

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1118243

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1996

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,884 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 6 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Midland Elementary School
  • Morris Ford Mid Middle School
  • Franklin-Pierce High School

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319035004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2884
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 768

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Franklin-Pierce High
  • Middle Or Junior School: Morris Ford Mid

Lot Info

  • Parcel Number: 0319035004
  • Lot Size Acres: 0.448
  • Lot Size Sq Ft: 19514
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Pierce County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 22307
  • Number Of Units Total: 2
  • Insurance Expense: 950
  • Leasable Area: 2884
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4475

MLS Schools

  • Elementary School: Midland Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Kung Geoffrey C and Hu Zhengyang
Bought by
Jjkung Llc
Current Estimated Value
$739,593

Purchase Details

Closed on
Dec 27, 2019
Sold by
Olsen Jeremy and Olsen Melissa
Bought by
Kung Geoffrey C and Kung Zhengyang Hu

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 13, 2017
Sold by
Same Somnang
Bought by
Olsen Jeremy and Olsen Melissa
Buyer's Agent
Jessica Ward
Keller Williams Realty PS
List Price
$399,950
Sold Price
$395,000
Premium/Discount to List
-$4,950
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$387,845
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1995
Sold by
Prosser Kevin and Prosser Joni
Bought by
Prosser Kevin A and Prosser Joni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jjkung Llc -- Oseran Hahn Ps
Kung Geoffrey C $535,000 Stewart Title Company
Olsen Jeremy $394,719 Fatco
Prosser Kevin A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Jeremy $387,845
Previous Owner Prosser Kevin A $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $395,000 -1.2% $137 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $399,950 -- $139 / 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 $7,021 $681,400 $203,200 $478,200
2024 $7,021 $666,300 $198,800 $467,500
2023 $7,021 $612,800 $189,900 $422,900
2022 $7,049 $669,400 $198,800 $470,600
2021 $6,147 $469,100 $122,600 $346,500
2019 $4,752 $407,100 $109,400 $297,700
2018 $5,733 $373,500 $94,700 $278,800
2017 $5,076 $344,100 $70,200 $273,900
2016 $4,480 $248,600 $47,400 $201,200
2014 $4,327 $240,300 $42,100 $198,200
2013 $4,327 $219,300 $40,300 $179,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1118243

Northwest Multiple Listing Service (NWMLS)

APN: 031903-5004