NOT LISTED FOR SALE

1815 Lafayette St Steilacoom, WA 98388

Estimated Value: $1,019,300 - $1,045,000

4 Beds
4 Baths
2,880 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $863,000 $300 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,235/month

1 Day on Market

Highlights

  • Views of a Sound
  • Deck
  • Corner Lot
  • Steilacoom High School Rated A-
  • Wood Flooring
  • 2-minute walk to Steilacoom Waterfront Lookout Point

About This Home

As of March 2021

Stunning 180 degree view!!! Don't miss this mid-century 4 plex in the heart of Steilacoom. OR build your own Dream Home! This is your opportunity to own 4 units with a commanding view of the Puget Sound, Fox Island, Narrows, Olympic Mountains, and more! Well established investment property with a zero vacancy rate. This investment not only generates revenue but has what's been called "a Two Million Dollar View!" 4 covered parking spots and large driveway for much more! Coin operated laundry. Must see today!!!

Last Agent to Sell the Property

Hans Amon

Best Choice Network LLC License #120798 Listed on: 03/01/2021

Best Choice Network LLC

Last Buyer's Agent

Hans Amon

Best Choice Network LLC License #120798 Listed on: 03/01/2021

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1734947

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1940

Lot Details

  • 7,240 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Cherrydale Elementary School
  • Pioneer Mid Middle School
  • Steilacoom High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2305000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2880
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Built-Up
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Steilacoom Historica
  • High School: Steilacoom High
  • Middle Or Junior School: Pioneer Mid

Lot Info

  • Parcel Number: 2305000060
  • Lot Size Acres: 0.1662
  • Lot Size Sq Ft: 7240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3395

Multi Family

  • Gross Scheduled Income: 40740
  • Number Of Units Total: 4
  • Insurance Expense: 942
  • Leasable Area: 2880
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6336

MLS Schools

  • Elementary School: Cherrydale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 9, 2021
Sold by
Amon Anthony F and Amon Carla Ann
Bought by
Tinsley Kevin C and Tinsley Kristin M
Seller's Agent
Hans Amon
Best Choice Network LLC
Buyer's Agent
Hans Amon
Best Choice Network LLC
List Price
$799,999
Sold Price
$863,000
Premium/Discount to List
$63,001
7.88%
Current Estimated Value
$1,032,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,150
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Jul 19, 2000
Sold by
Brown Nickolas Bernard
Bought by
Amon Anthony F and Amon Carla Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.2%
Mortgage Type
Commercial
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
Tinsley Kevin C $863,000 Commonwealth Land Title
Amon Anthony F $285,032 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinsley Kevin C $250,000
Previous Owner Amon Anthony F $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $863,000 +7.9% $300 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $799,999 -- $278 / 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 $7,463 $935,000 $592,300 $342,700
2024 $7,463 $907,900 $578,200 $329,700
2023 $7,463 $866,700 $493,400 $373,300
2022 $7,101 $886,000 $507,900 $378,100
2021 $6,760 $627,400 $378,600 $248,800
2019 $5,458 $563,300 $351,300 $212,000
2018 $5,567 $492,700 $297,200 $195,500
2017 $5,008 $437,500 $251,100 $186,400
2016 $4,411 $367,900 $206,600 $161,300
2014 $2,062 $343,400 $186,000 $157,400
2013 $2,062 $305,000 $166,300 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1734947

Northwest Multiple Listing Service (NWMLS)

APN: 230500-0060