Listed by Highest Offer, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

14702 Washington Ave SW Lakewood, WA 98498

South Lakes Neighborhood

Estimated Value: $595,000

4 Beds
4 Baths
2,464 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $580,000 $235 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,802/month

6 Days on Market

About This Home

As of July 2020

Fantastic 4plex in Lakewood! Quiet street in great location and close access to restaurants, military base,shopping & freeways. Includes 1 separate parcel. 2nd parcel #2200001950. MF1 zoning would potentially allow up to 7 addl units to be built on vacant property. Each unit has its own storage unit included. Long term renters in 3 of the units.

Last Agent to Sell the Property

Shanah Daley

Highest Offer License #27241 Listed on: 06/22/2020

Last Buyer's Agent

tatyana ursekile

Skyline Properties, Inc. License #125601

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1615517

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1985

Lot Details

  • 9,200 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Tillicum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2200001910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,966

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1985
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2464
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 355

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 2256

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 2200001910
  • Lot Size Acres: 0.2112
  • Lot Size Sq Ft: 9200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: pierce County Assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 26744
  • Number Of Units Total: 4
  • Insurance Expense: 900
  • Leasable Area: 2464
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 30, 2020
Sold by
Daley Christian
Bought by
Morar Viktor and Morar Rodica
Seller's Agent
Shanah Daley
Highest Offer
Buyer's Agent
tatyana ursekile
Skyline Properties, Inc.
List Price
$524,950
Sold Price
$580,000
Premium/Discount to List
$55,050
10.49%
Current Estimated Value
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
0.51%
Original Mortgage
$435,000
Outstanding Balance
$387,445
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$207,555

Purchase Details

Listed on
Aug 12, 2011
Closed on
Jul 30, 2012
Sold by
Daley Lisa
Bought by
Daley Christian
Seller's Agent
Oksana Gorash
Haskell Realty
Buyer's Agent
Christopher Hall
Windermere Real Estate/East
List Price
$123,600
Sold Price
$125,200
Premium/Discount to List
$1,600
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$136,688
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 12, 2011
Closed on
Jul 11, 2012
Sold by
Kolosha Valentin
Bought by
Daley Christian
Seller's Agent
Oksana Gorash
Haskell Realty
Buyer's Agent
Christopher Hall
Windermere Real Estate/East
List Price
$123,600
Sold Price
$125,200
Premium/Discount to List
$1,600
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,688
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kolosha Oleysa
Bought by
Kolosha Valentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 28, 2005
Sold by
Raymond Ralph
Bought by
Kolosha Valentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2004
Sold by
Baker Patrick G
Bought by
Raymond Ralph and Raymond Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,796
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2001
Sold by
Eiffert Jeffery
Bought by
Baker Patrick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1997
Sold by
Jamieson Wallace
Bought by
Eiffert Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,712
Interest Rate
7.33%
Mortgage Type
FHA
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
Morar Viktor $580,000 Puget Sound Title Puyallup
Daley Christian -- Wfg National Title Company
Daley Christian $125,200 Wfg Natl Title
Kolosha Valentin -- Transnation Title
Kolosha Valentin $285,000 Transnation Title
Raymond Ralph $230,000 Stewart Title
Baker Patrick G $160,000 Chicago Title Insurance Comp
Eiffert Jeffery $138,444 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morar Viktor $435,000
Previous Owner Daley Christian $140,000
Previous Owner Daley Christian $136,688
Previous Owner Kolosha Valentin $1,953,900
Previous Owner Kolosha Valentin $28,500
Previous Owner Kolosha Valentin $228,000
Previous Owner Raymond Ralph $226,796
Previous Owner Baker Patrick G $128,000
Previous Owner Eiffert Jeffery $118,712
Closed Baker Patrick G $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $580,000 +10.5% $235 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $524,950 +319.3% $213 / Sq Ft
07/30/2012 07/30/12 Sold $125,200 +1.3% $51 / Sq Ft
08/17/2011 08/17/11 Pending -- -- --
08/12/2011 08/12/11 For Sale $123,600 -- $50 / 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 $6,719 $614,100 $175,700 $438,400
2024 $6,719 $631,400 $164,700 $466,700
2023 $6,719 $627,100 $151,300 $475,800
2022 $6,197 $633,500 $151,300 $482,200
2021 $4,772 $367,200 $91,800 $275,400
2019 $3,330 $293,200 $66,200 $227,000
2018 $3,358 $277,600 $60,800 $216,800
2017 $3,220 $229,800 $43,800 $186,000
2016 $2,677 $192,000 $34,900 $157,100
2014 $2,613 $170,500 $28,500 $142,000
2013 $2,613 $165,400 $28,500 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1615517

Northwest Multiple Listing Service (NWMLS)

APN: 220000-1910