Listed by Northmarq Multifamily, LLC, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

200 Milton Way Milton, WA 98354

-- Bed
-- Bath
17,908 Sq Ft
3.94 Acres

Last Sold December 13, 2018

Last sale price $3,000,000 $168 Per Sq Ft

5 Days on Market

Highlights

  • 3.94 Acre Lot
  • Discovery Primary School Rated A-
  • Wood Siding

About This Home

As of December 2018

Built in 1984, the Royal View Apts has undergone significant interior renovation with 10 of the 16 units renovated. The building offers 14 two beds, 2 three beds, 17 garages (42 total parking) and all units have full size WD. Currently a 6.37% CAP, there remains significant upside to finish interior renovations. Spacious floorplans, laundry rooms, fireplace, large decks, private garages and excellent proximity to the freeway make this an excellent home for residents.

Last Agent to Sell the Property

Steve Fischer

Northmarq Multifamily, LLC License #87455 Listed on: 08/24/2018

Co-Listed By

Tyler Smith

Northmarq Multifamily, LLC License #24028396

Last Buyer's Agent

Sean Morris

Keller Williams Rlty Bellevue License #110623

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1351280

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,154

Lot Details

  • 3.94 Acre Lot

Home Design

  • Tile Roof
  • Wood Siding

Interior Spaces

  • 17,908 Sq Ft Home
  • 3-Story Property

Parking

  • 42 Parking Spaces
  • 17 Covered Spaces
  • Open Parking

Community Details

  • Milton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0120086007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,154

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 198
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 17908
  • Special Features: None
  • Cumulative Days on Market: 361

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Tile
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 17
  • Open Parking Spaces: 25
  • Open Parking: Yes
  • Total Parking Spaces: 42
  • ParkingUncoveredSpaces: 25

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 33646

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 0120086007
  • Lot Size Acres: 3.94
  • Lot Size Sq Ft: 171626
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 23745

Multi Family

  • Gross Scheduled Income: 284928
  • Net Operating Income: 191136
  • Number Of Units Total: 16
  • Insurance Expense: 5000
  • Leasable Area: 16410
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 23154

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $3,000,000 0.0% $168 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $3,000,000 -- $168 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1351280

Northwest Multiple Listing Service (NWMLS)