Listed by ALLEN Realtors, Bought with The Paragon Group
NOT LISTED FOR SALE

14510 Washington Ave SW Lakewood, WA 98498

South Lakes Neighborhood
6 Beds
6 Baths
6,052 Sq Ft
0.43 Acres

Last Sold January 13, 2017

Last sale price $500,000 $83 Per Sq Ft

55 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet
  • Property is Fully Fenced

About This Home

As of January 2017

Well-maintained 12-plex, professionally managed with a strong rental history of few vacancies. Easy to rent, close to JBLM, freeway, shopping, hospitals, and other conveniences. Most tenants are long-time tenants with rents at $375-$525, room to increase? Three of the 12 units that were recently rented quickly for $525. Rents listed are projected rents. Contact LA for specifics on expenses.

Last Agent to Sell the Property

Darcie Fish

ALLEN Realtors License #22019882 Listed on: 09/09/2016

Last Buyer's Agent

Ross Hubbard

The Paragon Group License #117280

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1027277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,466

Year Built

  • Built in 1958

Lot Details

  • 0.43 Acre Lot
  • Property is Fully Fenced

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 6,052 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Tillicum Elementary School
  • Woodbrook Mid Middle School
  • Lakes High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Tillicum Condos
  • Lakewood Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 30
  • Assessor Parcel Number 2200002030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,466

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tillicum
  • New Construction: No
  • CalculatedSquareFootage: 6052
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Make offer subject to inspection.
  • Special Features: None
  • Cumulative Days on Market: 407

Interior Features

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

Exterior Features

  • Roof: Torch Down
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Lakewood
  • WaterSewerGarbage: 3825

Fee Information

  • Annual Fuel Expense: 600

Schools

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

Lot Info

  • Parcel Number: 2200002030
  • Lot Size Acres: 0.4304
  • Lot Size: 18750
  • Lot Size Sq Ft: 18750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 12

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 6420

Multi Family

  • Gross Scheduled Income: 75600
  • Net Operating Income: 48531
  • Number Of Units Total: 12
  • Electric Expense: 2211
  • Insurance Expense: 2767
  • Leasable Area: 6052
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6466

MLS Schools

  • Elementary School: Tillicum Elem

Range of Values:

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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
01/13/2017 01/13/17 Sold $500,000 -20.0% $83 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $625,000 0.0% $103 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $625,000 -- $103 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Darcie Fish

    Seller's Agent in 2017

    Darcie Fish

    ALLEN Realtors

    (253) 380-4278

    21 Total Sales

    Darcie Fish
    Section Image

  • R

    Buyer's Agent in 2017

    Ross Hubbard

    The Paragon Group

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1027277

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

14510 Washington Ave SW, Lakewood, WA

This home is located at 14510 Washington Ave SW, Lakewood, WA 98498 since 09 September 2016. This property was built in 1958. 14510 Washington 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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