Listed by Best Choice Realty LLC, Bought with eXp Realty
NOT LISTED FOR SALE

214 N Lyle St Roy, WA 98580

Estimated Value: $536,000 - $586,092

10 Beds
7 Baths
4,970 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2025

Last sale price $450,000 $91 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,476 / mo

15 Days on Market

Highlights

  • Built in 1930 | Newly Remodeled
  • Deck
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • No HOA

About This Home

As of February 2025

Great investment opportunity. High rental demand due to proximity to JBLM! Plenty of parking, large spacious 1.3 ac lot, building on the hill under remodeling with plans for 4 units, 10 beds and 5.5 baths and access from both street. Buyer will need to have the permit reinstated with the city that is eager to see this remodeling completed. A new 10-bedroom septic is needed. See unit descriptions for details. Financial are pro-format estimated expenses and Pierce County Housing Authority rents approved for units of this size. Sold AS-IS. Short Sale, needs lender approval. Remodeling status is Rough framing of new floorplan complete, plumbing and electrical started. Floorplan is in the construction permit in the supplements.

Last Agent to Sell the Property

Michel Charbonnier

Best Choice Realty LLC License #21003070 Listed on: 01/13/2025

Best Choice Realty LLC

Last Buyer's Agent

Sapna Mongia

eXp Realty License #24030690

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2321420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • 1.32 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,970 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Roy Elementary School
  • Cougar Mountain Jh Middle School
  • Bethel High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Roy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0218343026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1930 | Newly Remodeled

Lot Details

1.32 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1930
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 4970
  • NewConstruction: Under Construction
  • Special Features: 14

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Under Construction

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Other – See Remarks
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Roy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Bethel High
  • Middle Or Junior School: Cougar Mountain JH

Lot Info

  • Parcel Number: 0218343026
  • Lot Size Acres: 1.3223
  • Lot Size Sq Ft: 57600
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 6.94
  • LeasedItems: None
  • TotalMonthlyIncome: 10108

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7500

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 500
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Roy Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Feb 25, 2025
Sold by
Bought by
Seller's Agent
Michel Charbonnier
Best Choice Realty LLC
Buyer's Agent
Sapna Mongia
eXp Realty
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
57
Current Estimated Value
$561,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,046
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,300
Interest Rate
0.0442%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,380
Interest Rate
0.0444%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 13, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,380
Interest Rate
0.0444%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 First American Title Insurance
-- None Listed On Document
-- None Available
-- None Available
-- Fidelity National Title
$316,001 None Available
-- None Available
$231,648 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $685,300
Previous Owner $330,000
Previous Owner $33,380
Previous Owner $291,839
Previous Owner $215,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $450,000 -5.3% $91 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $475,000 -- $96 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,140 $489,300 $200,300 $289,000
2024 $5,140 $507,900 $180,500 $327,400
2023 $5,140 $244,600 $166,100 $78,500
2022 $2,414 $242,700 $178,700 $64,000
2021 $4,598 $361,400 $103,600 $257,800
2019 $3,068 $295,700 $92,700 $203,000
2018 $3,436 $286,100 $91,000 $195,100
2017 $2,993 $248,300 $73,600 $174,700
2016 $3,298 $195,300 $48,100 $147,200
2014 $2,908 $218,300 $50,600 $167,700
2013 $2,908 $193,400 $46,800 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2321420

Northwest Multiple Listing Service (NWMLS)

APN: 021834-3026

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