Listed by Entry Real Estate LLC, Bought with Town & Country Brokers Inc
NOT LISTED FOR SALE

Estimated Value: $360,000 - $414,000

2 Beds
2 Baths
864 Sq Ft
$443/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $226,500 $262 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,313/month

30 Days on Market

Highlights

  • Corner Lot
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2019

Great cash flowing duplex available in Tillicum! Well-maintained units fully occupied w/room for rent increases! Don't miss out on these units - strong 6 cap.

Last Agent to Sell the Property

Doug Arbogast

Entry Real Estate LLC License #25353 Listed on: 04/23/2019

Last Buyer's Agent

John Brink

Town & Country Brokers Inc License #85237

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1444674

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1959

Lot Details

  • 9,452 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Tillicum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219211056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,020

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 864
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • WaterCompany: Lakewood Water District
  • WaterSewerGarbage: 1212

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 0219211056
  • Lot Size Acres: 0.217
  • Lot Size Sq Ft: 9452
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: See Remarks
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 16598
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 864
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 30, 2019
Sold by
Jmfb 1 Llc
Bought by
Bevis Mathew
Seller's Agent
Doug Arbogast
Entry Real Estate LLC
Buyer's Agent
John Brink
Town & Country Brokers Inc
List Price
$249,900
Sold Price
$226,500
Premium/Discount to List
-$23,400
-9.36%
Current Estimated Value
$382,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,096
Avg. Annual Appreciation
8.90%
Original Mortgage
$169,875
Outstanding Balance
$149,512
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$231,561

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 26, 2019
Sold by
Jmfb 1 Llc
Bought by
Bevis Mathew
Seller's Agent
Doug Arbogast
Entry Real Estate LLC
Buyer's Agent
John Brink
Town & Country Brokers Inc
List Price
$249,900
Sold Price
$226,500
Premium/Discount to List
-$23,400
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,875
Outstanding Balance
$149,512
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$231,561

Purchase Details

Closed on
Jun 8, 2017
Sold by
Jensen Doug and Jensen Carmen
Bought by
Jmfb 1 Llc

Purchase Details

Closed on
Dec 27, 2016
Sold by
Youth For Christ/Tacoma Area Inc
Bought by
Jensen Doug and Jensen Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,375
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Helmer Chris
Bought by
Youth For Christ/Tacoma Area

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Johnson Cecelia D and Estate Of Douglas L Johnson
Bought by
Helmer Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second
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
Bevis Mathew $226,500 Ticor Title
Bevis Mathew $226,500 Ticor Title
Jmfb 1 Llc -- None Available
Jensen Doug $132,219 Cw Title & Escrow
Youth For Christ/Tacoma Area $309,887 Chicago Title Insurance Co
Helmer Chris $130,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bevis Mathew $169,875
Closed Bevis Mathew $169,875
Previous Owner Jensen Doug $99,375
Previous Owner Youth For Christ/Tacoma Area $139,500
Previous Owner Helmer Chris $26,000
Previous Owner Helmer Chris $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2019 08/08/19 Sold $226,500 -9.4% $262 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $249,900 -- $289 / 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 $3,282 $324,200 $168,400 $155,800
2024 $3,282 $325,800 $157,800 $168,000
2023 $3,282 $295,500 $142,800 $152,700
2022 $3,075 $297,300 $142,800 $154,500
2021 $2,789 $207,300 $86,700 $120,600
2019 $1,982 $164,700 $62,500 $102,200
2018 $1,732 $157,700 $57,400 $100,300
2017 $1,732 $125,900 $40,800 $85,100
2016 $1,432 $97,700 $32,500 $65,200
2014 $1,373 $85,600 $26,600 $59,000
2013 $1,373 $83,600 $26,600 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1444674

Northwest Multiple Listing Service (NWMLS)

APN: 021921-1056