Listed by John L. Scott, Inc., Bought with Ara Realty
NOT LISTED FOR SALE

15516 87th Ave E Unit 15518 Puyallup, WA 98375

Estimated Value: $737,131 - $887,000

6 Beds
5 Baths
3,152 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $546,000 $173 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,008/month

90 Days on Market

Highlights

  • Cul-De-Sac
  • Property is in very good condition
  • Wall to Wall Carpet
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of July 2020

Great Opportunity, newer duplex in Puyallup! 3 large bedrooms, 2.5 baths, large formal dining and open kitchen that opens to family room with gas fireplace. Upstairs 3 oversized bedrooms with good size master bedroom/bath. Low Maintenance units that have been well maintained, large fully fenced backyards. Main floor laundry with deep Tandem garage. Gated entry community, Puyallup Schools, Shopping, Freeways and more!!

Last Agent to Sell the Property

Beau Towne

John L. Scott, Inc. License #52954 Listed on: 03/11/2020

John L. Scott, Inc.

Last Buyer's Agent

Ara Hakobyan

Ara Realty License #25798

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1573925

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 2006

Lot Details

  • 10,081 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

HOA Fees

  • $98 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419217020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 2006

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3152
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 380

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee: 1175
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0419217020
  • Lot Size Acres: 0.2314
  • Lot Size Sq Ft: 10081
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: public records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2990

Multi Family

  • Gross Scheduled Income: 35880
  • Net Operating Income: 29715
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 3152
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 11, 2020
Sold by
1930 B Llc
Bought by
Shashidhara Arjun and Achalkar Sneha
Seller's Agent
Beau Towne
John L. Scott, Inc.
Buyer's Agent
Ara Hakobyan
Ara Realty
List Price
$529,990
Sold Price
$546,000
Premium/Discount to List
$16,010
3.02%
Current Estimated Value
$796,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,033
Avg. Annual Appreciation
7.37%
Original Mortgage
$409,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Security State Bank
Bought by
1930 B Llc

Purchase Details

Closed on
Oct 4, 2010
Sold by
Mcgowan Rentals Llc
Bought by
Security State Bank

Purchase Details

Closed on
Apr 24, 2006
Sold by
Premier Communities Inc
Bought by
Mcgowan Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.29%
Mortgage Type
Unknown
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
Shashidhara Arjun $546,000 Fidelity National Title
1930 B Llc -- None Available
Security State Bank $362,423 None Available
Mcgowan Rentals Llc $428,128 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shashidhara Arjun $490,000
Closed Shashidhara Arjun $38,500
Closed Shashidhara Arjun $409,500
Previous Owner Mcgowan Rentals Llc $500,000
Previous Owner Mcgowan Rentals Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $546,000 +3.0% $173 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $529,990 0.0% $168 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $529,990 0.0% $168 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $529,990 0.0% $168 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $529,990 -- $168 / 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 $6,974 $757,500 $182,800 $574,700
2024 $6,974 $694,300 $178,700 $515,600
2023 $6,974 $667,900 $178,700 $489,200
2022 $6,358 $693,200 $200,400 $492,800
2021 $5,844 $452,000 $156,200 $295,800
2019 $5,365 $431,800 $128,600 $303,200
2018 $4,724 $412,700 $111,700 $301,000
2017 $4,724 $374,800 $96,100 $278,700
2016 $4,584 $297,700 $76,300 $221,400
2014 $3,942 $285,200 $69,400 $215,800
2013 $3,942 $239,500 $61,400 $178,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1573925

Northwest Multiple Listing Service (NWMLS)

APN: 041921-7020