NOT LISTED FOR SALE

203 Farrelly St Enumclaw, WA 98022

Estimated Value: $994,530 - $1,087,000

-- Bed
-- Bath
4,092 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $965,000 $236 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,499/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Territorial View
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of August 2022

Great cash flow and well maintained Fourplex located near downtown Enumclaw. Each unit has 2 bedrooms, 1.5 bathrooms, over 1,000 square feet each unit. Every unit has kitchen, dining area, living room, patio or deck, and washer & dryer. There is 1 carport and 1 uncovered parking space for each unit. There is also a storage unit with power for each unit. A second Fourplex is also available, MLS#1957448. Investment opportunity. Purchase both or separately.

Last Agent to Sell the Property

Bradley Gilmore

John L. Scott, Inc. License #107927 Listed on: 06/28/2022

John L. Scott, Inc.

Last Buyer's Agent

Bradley Gilmore

John L. Scott, Inc. License #107927 Listed on: 06/28/2022

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1957453

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,634

Year Built

  • Built in 1981

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 4,092 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • No Home Owners Association
  • Enumclaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5343400110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,634

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4092
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 306

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Enumclaw
  • WaterCompany: City of Enumclaw
  • WaterSewerGarbage: 6864

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Enumclaw

Lot Info

  • Parcel Number: 5343400110
  • Lot Size Acres: 0.3472
  • Lot Size Sq Ft: 15122
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 5025

Multi Family

  • Gross Scheduled Income: 60300
  • Net Operating Income: 41739
  • Number Of Units Total: 4
  • Insurance Expense: 2083
  • Leasable Area: 4092
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 1, 2022
Sold by
Gregory Madsen
Bought by
Smith Jeremy
Seller's Agent
Bradley Gilmore
John L. Scott, Inc.
Buyer's Agent
Bradley Gilmore
John L. Scott, Inc.
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Total Days on Market
9
Current Estimated Value
$1,040,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,765
Avg. Annual Appreciation
2.34%
Original Mortgage
$723,750
Outstanding Balance
$697,454
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$334,105

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 25, 2017
Sold by
Mcgilton Scott and Mcgilton Susie
Bought by
Madsen Floyd
Seller's Agent
Mike Tipton
Windermere Prof Partners
List Price
$529,900
Sold Price
$529,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$259,500
Interest Rate
3.91%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Anderson Timothy L and Anderson Kari L
Bought by
Mcgilton Scott and Mcgilton Susie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.38%

Purchase Details

Closed on
Mar 13, 2012
Sold by
Mountain Firs Llc
Bought by
Anderson Timothy L and Anderson Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.83%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Anderson Timothy L and Anderson Kari L
Bought by
Mountain Firs Llc

Purchase Details

Closed on
Mar 14, 2006
Sold by
Mountain Firs Llc
Bought by
Anderson Timothy L and Anderson Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.35%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Anderson Timothy L and Anderson Kari L
Bought by
Mountain Firs Llc

Purchase Details

Closed on
May 28, 2002
Sold by
Cairnes Pamela
Bought by
Anderson Timothy L and Anderson Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.89%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Calvert Sharon F and Calvert Sharon F
Bought by
Cairnes Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,888
Interest Rate
7.96%
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
Smith Jeremy $965,000 First American Title
Madsen Floyd $529,900 First American Title Ins Co
Mcgilton Scott $362,500 First American
Anderson Timothy L -- Rainier Title
Mountain Firs Llc -- None Available
Anderson Timothy L -- None Available
Mountain Firs Llc -- --
Anderson Timothy L $285,000 Transnation Title Insurance
Cairnes Pamela $247,000 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeremy $723,750
Previous Owner Madsen Floyd $259,500
Previous Owner Mcgilton Scott $217,500
Previous Owner Anderson Timothy L $291,000
Previous Owner Anderson Timothy L $299,000
Previous Owner Anderson Timothy L $260,000
Previous Owner Anderson Timothy L $228,000
Previous Owner Cairnes Pamela $244,888
Closed Anderson Timothy L $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $965,000 -3.0% $236 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $995,000 +87.8% $243 / Sq Ft
07/27/2017 07/27/17 Sold $529,900 0.0% $129 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $529,900 -- $129 / 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
2024 $8,683 $905,000 $211,700 $693,300
2023 $8,623 $858,000 $211,700 $646,300
2022 $7,634 $866,000 $181,400 $684,600
2021 $7,410 $761,000 $166,300 $594,700
2020 $6,482 $673,000 $150,000 $523,000
2018 $5,662 $535,000 $130,000 $405,000
2017 $4,560 $462,000 $125,000 $337,000
2016 $4,971 $384,000 $125,000 $259,000
2015 $4,963 $412,200 $95,000 $317,200
2014 -- $394,000 $90,000 $304,000
2013 -- $394,000 $90,000 $304,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1957453

Northwest Multiple Listing Service (NWMLS)

APN: 534340-0110