Listed by COMPASS, Bought with eXp Realty
NOT LISTED FOR SALE

21918 to 21920 88th Ave E Graham, WA 98338

Estimated Value: $499,131 - $607,000

2 Beds
2 Baths
1,672 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $529,000 $316 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,326/month

2 Days on Market

Highlights

  • 0.83 Acre Lot
  • Wood Siding
  • 1-Story Property
  • No HOA

About This Home

As of May 2024

Here’s your chance to build your rental portfolio! This well maintained duplex features 2 bedrooms/1 bath per side, 800 sqft and 1 car garage for each unit. New windows and new roof and impeccably cared for with the help of long established tenants. On nearly an acre of land (.83 acre) there’s lots of space for parking, play and entertaining. Close to meridian and 224th and all major shopping and schools. Professionally managed and maintained for over 20 years — this is a great investment with solid income.

Last Agent to Sell the Property

Becky Barrick

COMPASS License #25012703 Listed on: 04/03/2024

COMPASS

Last Buyer's Agent

Taylor Hough

eXp Realty License #22006335

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2216862

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 1978

Lot Details

  • 0.83 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Graham Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0418097001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,946

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1672
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Bedrooms: 2
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • 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: Shared Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utility (TPU)
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0418097001
  • Lot Size Acres: 0.8347
  • Lot Size Sq Ft: 36360
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist/Tax Records
  • MLSSquareFootageSource: Realist/Tax Records
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.5
  • LeasedItems: None
  • TotalMonthlyIncome: 3030

Multi Family

  • Gross Scheduled Income: 36360
  • Net Operating Income: 29964
  • Number Of Units Total: 2
  • Insurance Expense: 1450
  • Leasable Area: 1672
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4946

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 3, 2024
Sold by
Mt View Farms Inc and Mountain View Farms Inc
Bought by
Gonzalez Darinel Eufracio and Martinez Maria Amates
Seller's Agent
Becky Barrick
COMPASS
Buyer's Agent
Taylor Hough
eXp Realty
List Price
$529,000
Sold Price
$529,000
Current Estimated Value
$549,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,783
Avg. Annual Appreciation
2.83%
Original Mortgage
$519,418
Outstanding Balance
$513,344
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$36,439

Purchase Details

Closed on
Sep 2, 2003
Sold by
Speaks Glenn L
Bought by
Mt View Farms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
6.06%
Mortgage Type
Seller Take Back
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
Gonzalez Darinel Eufracio $529,000 Stewart Title
Mt View Farms Inc $283,400 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Darinel Eufracio $519,418
Previous Owner Mt View Farms Inc $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $529,000 0.0% $316 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $529,000 -- $316 / 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 $4,946 $456,800 $197,100 $259,700
2024 $4,946 $425,900 $197,100 $228,800
2023 $4,946 $418,300 $201,600 $216,700
2022 $4,490 $413,600 $192,500 $221,100
2021 $4,139 $289,500 $124,900 $164,600
2019 $3,107 $249,200 $103,000 $146,200
2018 $3,386 $242,400 $103,000 $139,400
2017 $2,982 $211,800 $84,300 $127,500
2016 $2,907 $170,200 $76,400 $93,800
2014 $2,640 $167,800 $76,400 $91,400
2013 $2,640 $159,700 $70,100 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2216862

Northwest Multiple Listing Service (NWMLS)

APN: 041809-7001