NOT LISTED FOR SALE

14905 94th Street Ct E Puyallup, WA 98372

Alderton Neighborhood

Estimated Value: $792,000 - $852,000

6 Beds
5 Baths
2,600 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $700,000 $269 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,096/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Wood Siding
  • Sumner Middle School Rated A-
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of November 2021

Great opportunity to own this beautiful 2600 sq ft duplex. The duplex features 3 bedrooms ( 4 bedroom septic so technically 2 with a den that has a closet) 2.5 bathrooms, Master suite with walk in closet, large kitchen, 2 car garage, Washer and dryer for each unit, fully fenced yards and much more. All units will be vacant upon closing. Perfect for an owner/occupant. New rental rates for these units are over $2000 a month!
That's a 5.5% cap rate or more.This duplex has been professionally managed and cared for. Identical duplex next door available as well.

Last Listed By

Cory Moffett

Gateway Real Estate License #50649 Listed on: 08/13/2021

Gateway Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1824625

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 2000

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Mcmillin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0420368033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,944

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 248

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0420368033
  • Lot Size Acres: 0.4132
  • Lot Size Sq Ft: 18000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,RV Parking
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 38656
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 9, 2021
Sold by
Norbjerg Bo
Bought by
Singh Manjinder
Seller's Agent
Cory Moffett
Gateway Real Estate
Buyer's Agent
Roger Singh
Skyline Properties, Inc.
List Price
$700,000
Sold Price
$700,000
Total Days on Market
6
Current Estimated Value
$811,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,557
Avg. Annual Appreciation
3.87%
Original Mortgage
$595,000
Outstanding Balance
$554,414
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$244,428

Purchase Details

Closed on
Dec 21, 2016
Sold by
Frontier Ventures Llc
Bought by
Norbjerg Bo

Purchase Details

Closed on
Aug 28, 2015
Sold by
Frontier Property Holding & Management
Bought by
Frontier Ventures Llc

Purchase Details

Closed on
Aug 27, 2015
Sold by
Frontier Property Holding & Management
Bought by
Frontier Ventures Llc

Purchase Details

Closed on
Jun 22, 2006
Sold by
Norbjerg Bo and Hopkins Steven G
Bought by
Frontier Property Holding & Management L

Purchase Details

Closed on
Apr 10, 2001
Sold by
Frontier Contractors Inc
Bought by
Hopkins Steven G and Hopkins Larae D

Purchase Details

Closed on
Apr 14, 2000
Sold by
Floyd Earl R
Bought by
Frontier Contractors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.26%
Mortgage Type
Construction

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
Singh Manjinder $700,000 Fidelity National Title
Norbjerg Bo -- None Available
Frontier Ventures Llc -- None Available
Frontier Ventures Llc -- None Available
Frontier Holding Management Llc -- None Available
Hopkins Steven G -- Transnation Title Insurance
Frontier Contractors Inc $350,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Manjinder $595,000
Previous Owner Norbjerg Bo $293,195
Previous Owner Norbjerg Bo $296,396
Previous Owner Frontier Contractors Inc $440,000
Closed Frontier Contractors Inc $664,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $700,000 0.0% $269 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $700,000 -- $269 / 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
2024 $7,158 $710,100 $249,600 $460,500
2023 $7,158 $667,900 $225,100 $442,800
2022 $6,580 $655,100 $240,700 $414,400
2021 $6,039 $437,200 $156,600 $280,600
2019 $5,056 $401,500 $139,500 $262,000
2018 $4,940 $383,700 $134,100 $249,600
2017 $4,460 $329,900 $106,200 $223,700
2016 $3,964 $282,100 $92,200 $189,900
2014 $3,991 $259,800 $79,600 $180,200
2013 $3,991 $239,200 $69,900 $169,300
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1824625

Northwest Multiple Listing Service (NWMLS)

APN: 042036-8033