NOT LISTED FOR SALE

1525 Initial Place Enumclaw, WA 98022

Estimated Value: $757,645 - $1,022,000

-- Bed
-- Bath
3,552 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $439,000 $124 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,896/month

46 Days on Market

Highlights

  • Mountain View
  • Cul-De-Sac
  • Property is Fully Fenced
  • Wood Flooring
  • Patio
  • Wood Siding

About This Home

As of April 2016

Instant Income Turn Key Investment! 4 plex. Newly remodeled units all 2 bed, 1.5 bath, new flooring, paint, patios, fenced, washer and dryers in units. Cozy Wood burning fire places. Ample parking. All units leased. Location a key always tenants looking for housing in this area. Seller looking to move on to a larger project. All offers will be reviewed February 14. Call phone to show for showing interior information. Do not disturb tenants phone to show.

Last Listed By

Tiffini Hayes

AgencyOne License #76579 Listed on: 01/12/2016

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 882807

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 8 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Enumclaw Mid Middle School
  • Enumclaw Snr High School

Community Details

  • Enumclaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0899010050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,817

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1982
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3552
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 298

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 500

Schools

  • Junior High Dist: Enumclaw
  • High School: Enumclaw Snr High
  • Middle Or Junior School: Enumclaw Mid

Lot Info

  • Parcel Number: 0899010050
  • Lot Size Acres: 0.2758
  • Lot Size Sq Ft: 12013
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 35000
  • Number Of Units Total: 4
  • Insurance Expense: 1098
  • Leasable Area: 3553
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Apr 27, 2016
Sold by
Beaumont Xxi Llc
Bought by
Murphy Laura R and Murphy Kevin P
Seller's Agent
Tiffini Hayes
AgencyOne
Buyer's Agent
Tiffini Hayes
AgencyOne
List Price
$425,000
Sold Price
$439,000
Premium/Discount to List
$14,000
3.29%
Total Days on Market
46
Current Estimated Value
$929,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,548
Avg. Annual Appreciation
9.00%
Original Mortgage
$329,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2014
Sold by
Kinyoun Vicky Jean
Bought by
Beaumont Xxi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1998
Sold by
Lohman Donald D and Lohman Mary N
Bought by
Lohman Donald D and Lohman Mary N

Purchase Details

Closed on
Feb 6, 1997
Sold by
Shoemaker Robert F and Shoemaker Jean M
Bought by
Lohman Donald D and Lohman Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,322
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

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
Murphy Laura R $439,000 Nextitle
Beaumont Xxi Llc $245,000 Cw Title Co
Lohman Donald D -- --
Lohman Donald D $220,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Laura R $490,000
Closed Murphy Laura R $329,250
Previous Owner Beaumont Xxi Llc $55,000
Previous Owner Beaumont Xxi Llc $250,000
Previous Owner Beaumont Xxi Llc $206,400
Previous Owner Lohman Donald D $183,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $439,000 +3.3% $124 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $425,000 -- $120 / 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 $8,913 $929,000 $168,100 $760,900
2023 $7,644 $854,000 $168,100 $685,900
2022 $7,313 $841,000 $144,100 $696,900
2021 $7,146 $729,000 $132,100 $596,900
2020 $6,547 $649,000 $132,100 $516,900
2018 $4,976 $490,000 $110,000 $380,000
2017 $4,738 $406,000 $110,000 $296,000
2016 $4,451 $399,000 $110,000 $289,000
2015 -- $369,000 $80,000 $289,000
2014 -- $367,000 $65,000 $302,000
2013 -- $367,000 $65,000 $302,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tiffini Hayes

    AgencyOne Realty

    (425) 772-7500

    6 Total Sales

    Tiffini Hayes
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 882807

Northwest Multiple Listing Service (NWMLS)

APN: 089901-0050

Washington King County Enumclaw 98022

1525 Initial Place, Enumclaw, WA

Homes for Sale in Enumclaw, WA

This home is located at 1525 Initial Place, Enumclaw, WA 98022 since 12 January 2016 and is currently estimated at $929,548, approximately $261 per square foot. This property was built in 1982. 1525 Initial Place is a home located in King County with nearby schools including Sunrise Elementary School, Enumclaw Middle School, and Enumclaw Senior 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) 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. ©2025 NWMLS.

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