Listed by Berkshire Hathaway HS NW, Bought with Keller Williams Rty Tacoma
$1,310,000
SOLD JUN 11, 2013

2205 7th Ave SW Puyallup, WA 98371

-- Bed
-- Bath
17,789 Sq Ft
0.42 Acres

Recently Sold

$74 Per Sq Ft

1% Above List Price

18 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Wood Siding
  • Fruitland Elementary School Rated A-
  • Partially Fenced Property
  • 4-minute walk to DeCoursey Park

About This Home

As of May 2015

Amazing opportunity to own this 19 unit apartment complex located close to downtown Puyallup and near shops, schools and transportation. Next to Decoursey Park and Clark's Creek Park. Bank owned property sold in as-is condition. 2-1 bedroom units 17-2 bedroom units with 1-2 bathrooms.( 8 Townhome style-11 one level) . Many with full appliances, carports and one full garage. Currently no vacancies.

Last Agent to Sell the Property

Sandi Kleist

Berkshire Hathaway HS NW License #11700 Listed on: 03/15/2013

Berkshire Hathaway HS NW

Co-Listed By

Kyong Kwon

Berkshire Hathaway HS NW License #48629

Last Buyer's Agent

Tom Byrne

Keller Williams Rty Tacoma License #35469

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 459611

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,103

Year Built

  • Built in 1979

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 17,789 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 41 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 28-30
  • Assessor Parcel Number 0420293028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,103

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • Buyer Agency Compensation: *3*
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 17789
  • SOCComments: 7F Must be at all show/inspect or 2%
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 18
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 21
  • Open Parking: Yes
  • Total Parking Spaces: 41
  • ParkingUncoveredSpaces: 21

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 18050

Fee Information

  • Annual Fuel Expense: 600

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0420293028
  • Lot Size Acres: 0.4196
  • Lot Size Sq Ft: 18278
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • ZoningClass: Residential
  • LotNumber: 28-30

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 14595

Tax Info

  • Year: 2012
  • Tax Annual Amount: 19103

Multi Family

  • Number Of Units Total: 19
  • Insurance Expense: 5700
  • Leasable Area: 17789
  • UnitsInBuildingTotal: 19
  • UnitsBelowGrade: false
  • VacancyRate: 0

Similar Homes in Puyallup, WA

  • 334 340 4th St SW, Puyallup, WA 98371

    $1,495,000

    • 8 Beds
    • 8 Baths
    • 4,500 Sq Ft
    • 334 340 4th St SW
    • Puyallup, WA

    Location! Turn key, high demand, no vacancy 4-plex on a prime corner lot in the heart of downtown Puyallup walking distance to the library, Sparks Stadium, farmers market, Sounder station, fairgrounds & all restaurants & shops downtown has to offer. Check out the beautiful Mt.Rainer view! Approx $400k in upgrades including new roofing valleys, fresh interior & exterior paint, new flooring,

    Toril Schoepfer Toril Sells Houses Team

    Section Image
  • 112 4th Ave SE, Puyallup, WA 98372

    $1,050,000

    • 8 Beds
    • 7 Baths
    • 3,840 Sq Ft
    • 112 4th Ave SE
    • Puyallup, WA

    Classic value/add investment opportunity in thriving Puyallup. Six of the seven units remain unmodernized, presenting a valuable opportunity for an incoming investor to execute strategic renovations. Upgraded units can command premium rents aligned with current market expectations for newly renovated apartments, enhancing overall asset value and cash flow potential. With a CBD zoning

    Tyler Bretz, CCIM Urban Commercial Partners, LLC

    Section Image
  • 408 N Meridian, Puyallup, WA 98371

    $1,150,000

    • 8 Beds
    • 8 Baths
    • 5,808 Sq Ft
    • 408 N Meridian
    • Puyallup, WA

    Meridian Castle, located in the heart of Downtown Puyallup, presents a rare investment opportunity in a thriving market. Currently 100% occupied, the property generates $75,524 in NOI, reflecting an in-place 6.3% cap rate, with rents positioned below market expectations. Significant revenue upside exists through rent increases, utility bill-backs, storage leasing, and laundry income, all of

    Tyler Bretz, CCIM Urban Commercial Partners, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/29/2015 05/29/15 Sold $1,500,000 -1.3% $84 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $1,520,000 +16.0% $85 / Sq Ft
06/11/2013 06/11/13 Sold $1,310,000 +0.8% $74 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $1,299,950 -- $73 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 459611

Northwest Multiple Listing Service (NWMLS)