Listed by Windermere RE/Lake Tapps, Inc, Bought with eXp Realty
NOT LISTED FOR SALE

1581 Estate Place Unit 1583 Fircrest, WA 98466

Estimated Value: $899,629 - $1,049,000

6 Beds
5 Baths
3,360 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $865,000 $257 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,841/month

40 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Cul-De-Sac
  • Evergreen Primary School Rated A
  • Territorial View
  • Patio

About This Home

As of January 2024

Location and opportunity presents itself for a quality investment property, multi-generational living, or owner occupied rental. This spacious, custom built, duplex has over 1,650 sq ft of living space on each side w/ a comfortable open floor plan. Main level includes a kitchen that opens to a large family room w/gas fireplace. Also on main level is a powder room & separate light-filled den w/ delightful bay window. Upstairs are 3 nice size bedrooms, 2 full bathrooms and laundry. Each unit comes with an extra-deep, oversized 2 car garage. Duplex is ideally situated at the end of a cul-de-sac that backs up to a beautiful nature preserve, creating a peaceful, quiet living environment. Highly rated University Place school district, too!

Last Agent to Sell the Property

Josh Kumar

Windermere RE/Lake Tapps, Inc License #130581 Listed on: 11/29/2023

Windermere RE/Lake Tapps, Inc

Last Buyer's Agent

Rubie Nguyen

eXp Realty License #22014259

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2182797

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,949

Year Built

  • Built in 2004

Lot Details

  • 5,834 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,360 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Fircrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400151-012-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,949

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3360
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 180
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 400151-012-0
  • Lot Size Acres: 0.1339
  • Lot Size Sq Ft: 5834
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 15.5
  • LeasedItems: None
  • TotalMonthlyIncome: 4945

Multi Family

  • Gross Scheduled Income: 59340
  • Net Operating Income: 49211
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 3965
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 26, 2024
Sold by
Latta Karen Louise
Bought by
Ta Dung Quang and Nguyen Hong Xuan
Seller's Agent
Josh Kumar
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Rubie Nguyen
eXp Realty
List Price
$925,000
Sold Price
$865,000
Premium/Discount to List
-$60,000
-6.49%
Views
45
Current Estimated Value
$962,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,157
Avg. Annual Appreciation
2.60%
Original Mortgage
$692,000
Outstanding Balance
$681,797
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$220,844

Purchase Details

Closed on
Oct 23, 2019
Sold by
Latta Thomas
Bought by
Latta Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Jensen Jeffrey C
Bought by
Latta Thomas C and Latta Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Jensen Jeffrey C
Bought by
Jensen Jeffrey C and Jensen Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Jensen Patricia M
Bought by
Jensen Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Haddow George A
Bought by
Malley Edward J and Malley Eva D
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
Ta Dung Quang $865,000 First American Title Insurance
Latta Karen -- None Available
Latta Thomas C $395,000 Ticor Title Of Wa Inc
Jensen Jeffrey C -- Fidelity National Title Co
Jensen Jeffrey C -- Fidelity National Title Co
Jensen Jeffrey C $95,000 Fidelity National Title Co
Malley Edward J $61,078 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ta Dung Quang $692,000
Previous Owner Latta Thomas C $316,000
Previous Owner Jensen Jeffrey C $275,000
Previous Owner Jensen Jeffrey C $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $865,000 -3.8% $257 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/06/2024 01/06/24 Price Changed $899,000 -2.8% $268 / Sq Ft
11/29/2023 11/29/23 For Sale $925,000 -- $275 / 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 $8,698 $829,700 $255,800 $573,900
2024 $8,698 $823,400 $245,300 $578,100
2023 $8,698 $935,600 $249,300 $686,300
2022 $7,907 $959,000 $249,300 $709,700
2021 $7,501 $646,400 $169,500 $476,900
2019 $5,618 $532,700 $86,000 $446,700
2018 $6,122 $548,300 $127,200 $421,100
2017 $5,325 $478,300 $104,000 $374,300
2016 $4,915 $355,700 $79,500 $276,200
2014 $4,474 $344,900 $79,500 $265,400
2013 $4,474 $326,800 $71,500 $255,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2182797

Northwest Multiple Listing Service (NWMLS)

APN: 400151-0120