Listed by Timber Real Estate, Bought with RE/MAX Realty South
NOT LISTED FOR SALE

1912 E To 1914 122nd Ave E Edgewood, WA 98372

Estimated Value: $497,000 - $727,000

4 Beds
2 Baths
1,656 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $330,000 $199 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,947/month

91 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property
  • Northwood Elementary School Rated A-

About This Home

As of September 2018

Incredible investment opportunity to own a duplex in Edgewood! Each occupied unit includes 2 beds, 1 bath, a large living area with a wood fireplace & its own utility room & garage. All appliances included. One unit has been recently updated. Property situated on an impressive shy acre! Endless possibilities including as a long-term investment or an owner occupant with a MIL suite. Great proximity to major freeways for commuting and within a few minutes of grocery stores, coffee shops and more!

Last Agent to Sell the Property

Joshua Meeks

Timber Real Estate License #26850 Listed on: 04/18/2018

Timber Real Estate

Last Buyer's Agent

Sherrie Sells

RE/MAX Realty South License #16602

RE/MAX Realty South

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1275681

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1965

Lot Details

  • 0.47 Acre Lot

Home Design

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

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042011-2-072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,408

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1965
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1656
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • 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: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric, Wood
  • PowerCompany: PSE
  • WaterCompany: City of Edgewood
  • WaterSewerGarbage: 1378

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 042011-2-072
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 15836
  • Number Of Units Total: 2
  • Insurance Expense: 978
  • Leasable Area: 1656
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Ursula Mccready
Bought by
Mccready Ursula and Mccready Charles R
Current Estimated Value
$650,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Outstanding Balance
$225,976
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$492,227

Purchase Details

Listed on
Apr 18, 2018
Closed on
Sep 4, 2018
Sold by
Bartley Joseph R
Bought by
Bartley Ursula
Seller's Agent
Joshua Meeks
Timber Real Estate
Buyer's Agent
Sherrie Sells
RE/MAX Realty South
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$243,525
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
Aug 13, 2018
Sold by
Knutsen Diana and Knutsen Jim
Bought by
Bartley Ursula
Seller's Agent
Joshua Meeks
Timber Real Estate
Buyer's Agent
Sherrie Sells
RE/MAX Realty South
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,525
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Konwent G Nicholas
Bought by
Knutsen Jim and Knutsen Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 2, 2002
Sold by
Halpin James B and Anderson Halpin Julie G
Bought by
Konwent G Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.78%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Halpin James B
Bought by
Halpin James B and Anderson Halpin Julie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.63%
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
Mccready Ursula $13,807,000 New Title Company Name
Bartley Ursula -- Ticor Title
Bartley Ursula $329,719 Ticor Title
Knutsen Jim $239,000 Pnwt
Konwent G Nicholas $141,825 Pacific Northwest Title
Halpin James B -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccready Ursula $241,000
Previous Owner Bartley Ursula $243,525
Previous Owner Knutsen Jim $191,200
Previous Owner Konwent G Nicholas $130,000
Previous Owner Halpin James B $99,000
Closed Knutsen Jim $47,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $330,000 -5.7% $199 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $349,900 0.0% $211 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $349,900 -2.5% $211 / Sq Ft
06/14/2018 06/14/18 For Sale $359,000 +8.8% $217 / Sq Ft
06/07/2018 06/07/18 Off Market $330,000 -- --
06/01/2018 06/01/18 Price Changed $359,000 -2.7% $217 / Sq Ft
05/15/2018 05/15/18 For Sale $369,000 0.0% $223 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $369,000 -- $223 / 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 $5,950 $637,900 $325,700 $312,200
2024 $5,950 $652,000 $303,900 $348,100
2023 $5,950 $589,300 $298,800 $290,500
2022 $5,259 $565,400 $285,400 $280,000
2021 $5,137 $402,500 $181,300 $221,200
2019 $3,888 $326,900 $164,400 $162,500
2018 $3,900 $300,400 $147,600 $152,800
2017 $3,408 $277,200 $123,900 $153,300
2016 $3,082 $203,200 $90,300 $112,900
2014 $2,940 $198,900 $91,800 $107,100
2013 $2,940 $177,900 $80,300 $97,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1275681

Northwest Multiple Listing Service (NWMLS)

APN: 042011-2072