Listed by Real Broker LLC, Bought with Coldwell Banker Bain
$555,000
SOLD JUL 30, 2024

222 Portland Ct SW Unit 1 & 2 Pacific, WA 98047

-- Bed
-- Bath
1,650 Sq Ft
0.28 Acres

Recently Sold

$336 Per Sq Ft

7% Below List Price

41 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • 1-Story Property
  • No HOA
  • Wall to Wall Carpet

About This Home

As of July 2024

** Partial owner finance available! ** This charming duplex offers an unbeatable combination of comfort and convenience. Located with easy access to the freeway for a seamless commute to both Seattle and Tacoma, this property is perfect for those who value location and ease of travel. Each unit boasts 2 bedrooms and 1 bathroom, with kitchen appliances included. Additional features include an attached one-car garage for each unit, a large front / side yard ideal for outdoor activities, and proximity to excellent amenities. This is a fantastic opportunity for both homeowners and investors. Both units are currently rented, Unit 2 is month to month and Unit 1 is set to expire 5/31/2025.

Last Agent to Sell the Property

Cory Williams

Real Broker LLC License #22013053 Listed on: 05/30/2024

Co-Listed By

Jessica Klein

Real Broker LLC License #130844

Last Buyer's Agent

Rickie Robinson

Coldwell Banker Bain License #124556

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2244122

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Pacific Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3353401275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,396

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1650
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 315

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: City of Pacific
  • WaterSewerGarbage: 4196

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 3353401275
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12001
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Reality

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.45
  • LeasedItems: None
  • TotalMonthlyIncome: 3175

Multi Family

  • Gross Scheduled Income: 41520
  • Net Operating Income: 36738
  • Number Of Units Total: 2
  • Electric Expense: 1644
  • Insurance Expense: 1516
  • Leasable Area: 2180
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 27, 2024
Sold by
Hilgers Jesse Hildebrandt
Bought by
Mendoza Miguel Rios and Avila Rodas Karen
Seller's Agent
Cory Williams
Real Broker LLC
Buyer's Agent
Rickie Robinson
Coldwell Banker Bain
List Price
$599,999
Sold Price
$555,000
Premium/Discount to List
-$44,999
-7.5%
Total Days on Market
41
Views
64
Current Estimated Value
$563,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,546
Avg. Annual Appreciation
1.81%

Purchase Details

Listed on
Mar 2, 2020
Closed on
Sep 1, 2020
Sold by
Another One Llc
Bought by
Hilgers Jesse Hildebrandt
Buyer's Agent
Summer Andriyuk
John L. Scott, Inc
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$357,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Pugh Lewis E and Marburger Deborah L
Bought by
Another One Llc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Clark Gordon E and Clark Judy A
Bought by
Weigel Tory and Weigel Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $555,000 Ticor Title
Warranty Deed $420,000 Cw Title
Quit Claim Deed -- None Available
Warranty Deed $195,500 Old Republic T
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $357,000 New Conventional
Previous Owner $213,000 Unknown
Previous Owner $220,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $555,000 -5.9% $336 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $589,999 -1.7% $358 / Sq Ft
05/30/2024 05/30/24 For Sale $599,999 +42.9% $364 / Sq Ft
09/15/2020 09/15/20 Sold $420,000 -3.4% $255 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $435,000 0.0% $264 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $435,000 0.0% $264 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $435,000 +3.6% $264 / Sq Ft
03/18/2020 03/18/20 For Sale $420,000 0.0% $255 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $420,000 +211.1% $255 / Sq Ft
05/24/2012 05/24/12 Sold $135,000 -15.6% $82 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $159,900 -- $97 / 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 $5,578 $485,000 $136,000 $349,000
2023 $5,448 $458,000 $109,000 $349,000
2022 $4,853 $490,000 $104,000 $386,000
2021 $4,330 $380,000 $89,000 $291,000
2020 $4,328 $355,000 $83,000 $272,000
2018 $4,027 $295,000 $74,000 $221,000
2017 $3,393 $265,000 $62,000 $203,000
2016 $3,052 $222,000 $62,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2244122

Northwest Multiple Listing Service (NWMLS)

APN: 335340-1275