Listed by Skyline Properties, Inc., Bought with Weichert Realtors Premier Prop
NOT LISTED FOR SALE

14619 Murray Rd SW Unit 1-17 Tacoma, WA 98439

-- Bed
-- Bath
13,232 Sq Ft
1.39 Acres

Last Sold December 16, 2016

Last sale price $1,000,000 $76 Per Sq Ft

35 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Wood Siding
  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of December 2016

7.69% Market Cap Rate, 17 Units, Value add opportunity, 5 buildings/2 tax parcels: 4/4-unit buildings and 1 house(3) bedroom, attached garage, new roofs(2015)23 parking spaces,owned coin-operated washer / dryers in each building.The 16 apartments are 2 bedroom/1 bathroom units, w/dishwashers, decks, storage.Below-market rents can be raised to current market rents immediate increased cash flow.10/1 Utility bill back starts $25.00 per unit, per month, 2017 light rail expansion will be completed.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/31/2016

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Jerry Filoteo

Weichert Realtors Premier Prop License #23718

Weichert Realtors Premier Prop

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1021959

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,074

Year Built

  • Built in 1977

Lot Details

  • 1.39 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 13,232 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 24 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Beachwood Elementary School
  • Woodbrook Mid Middle School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219222060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,074

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 13232
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 387

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • SewerCompany: Pierce County
  • WaterCompany: Pierce County
  • WaterSewerGarbage: 17254

Schools

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

Lot Info

  • Parcel Number: 0219222060
  • Lot Size Acres: 1.3933
  • Lot Size Sq Ft: 60693
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: fidelity
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 12090

Multi Family

  • Gross Scheduled Income: 140760
  • Net Operating Income: 61793
  • Number Of Units Total: 17
  • Electric Expense: 762
  • Insurance Expense: 4728
  • Leasable Area: 12900
  • UnitsInBuildingTotal: 17
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 15074

MLS Schools

  • Elementary School: Beachwood 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
12/16/2016 12/16/16 Sold $1,000,000 -9.1% $76 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $1,100,000 -- $83 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Donna Marshall

    Seller's Agent in 2016

    Donna Marshall

    Skyline Properties, Inc

    (425) 422-0954

    38 Total Sales

    Donna Marshall
    Section Image
  • Dan Swanson

    Seller Co-Listing Agent in 2016

    Dan Swanson

    Kidder Mathews

    (425) 444-6501

    59 Total Sales

    Dan Swanson
    Section Image
  • Jerry Filoteo

    Buyer's Agent in 2016

    Jerry Filoteo

    Weichert Realtors Premier Prop

    4 Total Sales

    Jerry Filoteo
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1021959

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Tacoma 98439

14619 Murray Rd SW Unit 1-17, Tacoma, WA

This home is located at 14619 Murray Rd SW Unit 1-17, Tacoma, WA 98439 since 31 August 2016. This property was built in 1977. 14619 Murray Rd SW Unit 1-17 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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