Listed by Better Properties UP/Fircrest, Bought with Gig Harbor Real Estate
NOT LISTED FOR SALE

14424 Union Ave SW Lakewood, WA 98498

South Lakes Neighborhood
9 Beds
6 Baths
-- Sq Ft
0.84 Acres

Last Sold August 23, 2016

Last sale price $580,000

264 Days on Market

Highlights

  • RV Access or Parking
  • Thermal Windows
  • Wood Siding
  • 0.84 Acre Lot
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of August 2016

Nice Cap Rate/GRM on this well maintained 9-plex in rent friendly Tillicum community of Lakewood. Debt free connection to the new Tillicum addition to the sewer system complete! Blocks from I-5 north and south and just across I-5 from a north entry of JBLM, this property has a super location. Around the corner from Harry Todd Park and beautiful American Lake, also located down Union Ave from a multitude of amenities and services. Zoned MF-1, 2nd complex on this large property? Laundry on-site.

Last Agent to Sell the Property

JR Poulsen

Better Properties UP/Fircrest License #84023 Listed on: 10/29/2015

Better Properties UP/Fircrest

Last Buyer's Agent

Jim Hendryx

Gig Harbor Real Estate License #11435

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 854946

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,049

Year Built

  • Built in 1980

Lot Details

  • 0.84 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Tillicum Elementary School
  • Woodbrook Mid Middle School
  • Clover Park High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tillicum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2200002541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,049

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1980
  • Buyer Agency Compensation: ** 2.5% **
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • SOCComments: Less if LA is SA
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • SewerCompany: Pierce County
  • WaterSewerGarbage: 9009

Schools

  • Junior High Dist: Clover Park
  • High School: Clover Park High
  • Middle Or Junior School: Woodbrook Mid

Lot Info

  • Parcel Number: 2200002541
  • Lot Size Acres: 0.8448
  • Lot Size Sq Ft: 36800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 63360

Multi Family

  • Gross Scheduled Income: 63360
  • Net Operating Income: 32731
  • Number Of Units Total: 10
  • Electric Expense: 699
  • Insurance Expense: 2982
  • Leasable Area: 5756
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 8049

MLS Schools

  • Elementary School: Tillicum Elem

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $580,000 -2.5% --
07/20/2016 07/20/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $595,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • JR Poulsen

    Seller's Agent in 2016

    JR Poulsen

    Better Properties UP/Fircrest

    (253) 223-2882

    55 Total Sales

    JR Poulsen
    Section Image

  • J

    Buyer's Agent in 2016

    Jim Hendryx

    Gig Harbor Real Estate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 854946

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Lakewood 98498 South Lakes

14424 Union Ave SW, Lakewood, WA

This home is located at 14424 Union Ave SW, Lakewood, WA 98498 since 29 October 2015. This property was built in 1980. 14424 Union Ave SW is a home located in Pierce County with nearby schools including Tillicum Elementary School, Thomas Middle School, and Clover Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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