
Seller's Agent in 2019
Charles Burnett
Real Broker LLC
(206) 926-3701
62 Total Sales
Estimated Value: $997,000 - $1,249,000
FOURPLEX. 7% current cap rate; easily get to 8% with market rents. FUTURE DEVELOPMENT POTENTIAL: parcel size(.65 Acre) & zoning would allow for 4 additional units to be constructed on the lot. Each unit is 2bed/1bath with balcony/patio, individual storage, & washer/dryers. This is a solid, turn-key investment property; fully occupied & producing good cash-flow! 3/4 units have been completely remodeled with new kitchens/baths/flooring etc. High-demand rental close to fwy access & amenities.
Last Agent to Sell the Property
Real Broker LLC License #50261 Listed on: 11/29/2018
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1390122
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Marada Sunil Kumar | $630,000 | Fidelity National Title | |
Jo & Jo Llc | -- | None Available | |
Olano John E | -- | Accommodation | |
Jo & Jo Llc | -- | None Available | |
Olano John E | $447,000 | Stewart Title | |
City Of Federal Way | -- | None Available | |
Mahan Guy | $125,000 | Old Republic T | |
Imai Hiroshi | $180,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Marada Sunil Kumar | $472,500 | |
Previous Owner | Olano John E | $335,250 |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
02/08/2019 02/08/19 | Sold | $635,000 | -2.3% | $191 / Sq Ft |
01/01/2019 01/01/19 | Pending | -- | -- | -- |
12/17/2018 12/17/18 | Price Changed | $650,000 | -3.7% | $195 / Sq Ft |
11/29/2018 11/29/18 | For Sale | $675,000 | -- | $203 / Sq Ft |
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 | $10,066 | $952,000 | $353,300 | $598,700 |
2023 | $8,106 | $871,000 | $254,400 | $616,600 |
2022 | $7,749 | $823,000 | $226,100 | $596,900 |
2021 | $7,591 | $683,000 | $197,800 | $485,200 |
2020 | $6,553 | $629,000 | $197,800 | $431,200 |
2018 | $6,076 | $480,000 | $155,400 | $324,600 |
2017 | $5,972 | $425,000 | $141,300 | $283,700 |
2016 | $6,359 | $418,000 | $141,300 | $276,700 |
2015 | -- | $427,000 | $141,300 | $285,700 |
2014 | -- | $368,000 | $141,300 | $226,700 |
2013 | -- | $378,000 | $141,300 | $236,700 |
Seller's Agent in 2019
Charles Burnett
Real Broker LLC
(206) 926-3701
62 Total Sales
Buyer's Agent in 2019
Sridhar Devineni
Best Choice Realty Brokerage
(503) 333-9884
107 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1390122
APN: 797820-0184