NOT LISTED FOR SALE

2427 Farrell Dr Unit 2429 Steilacoom, WA 98388

Estimated Value: $736,000 - $771,417

6 Beds
4 Baths
2,790 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $270,000 $97 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $4,486/month

41 Days on Market

Highlights

  • Thermal Windows
  • Wall to Wall Carpet
  • 1-Story Property
  • Steilacoom High School Rated A-

About This Home

As of August 2012

Large 3 bdrm duplex homes with gas fireplaces & 2 car garages. Tenants pay all utilities.Attached at the back - each facing their own street in beautiful Steilacoom. Just like having your own home! Excellent investment or duplex living.

Last Agent to Sell the Property

Denny Anderson

Real Estate Investment Svcs Listed on: 05/10/2012

Co-Listed By

Debbi Anderson

Real Estate Investment Svcs

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 354717

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 2002

Lot Details

  • 0.39

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • 0.39 Acre Lot
  • Natural Gas Connected

Community Details

  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2995000247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,453

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2002
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2790
  • Special Features: None
  • Cumulative Days on Market: 323

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Steilacoom Historica

Lot Info

  • Parcel Number: 2995000247
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 27600

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 22762
  • Number Of Units Total: 2
  • Insurance Expense: 860
  • Leasable Area: 2790
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 23, 2012
Sold by
Nole Michael J and Nole Diane D
Bought by
Sullivan Marsha L
Seller's Agent
Denny Anderson
Real Estate Investment Svcs
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Total Days on Market
41
Current Estimated Value
$757,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,604
Avg. Annual Appreciation
8.39%
Original Mortgage
$198,750
Outstanding Balance
$139,706
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$617,898

Purchase Details

Closed on
Mar 9, 2005
Sold by
Allison Daniel L
Bought by
Nole Michael J and Nole Diana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Allison Jeanne
Bought by
Allison Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
6.03%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sullivan Marsha L $270,000 Old Republic Title Ltd
Nole Michael J $380,000 Fidelity National Title Co
Allison Daniel L -- First American Title Ins Co
Allison Daniel L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sullivan Marsha L $0
Open Sullivan Marsha L $198,750
Previous Owner Nole Michael J $119,000
Previous Owner Allison Daniel L $250,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $270,000 -5.3% $97 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $285,000 -- $102 / 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 $5,589 $713,800 $232,500 $481,300
2023 $5,589 $648,700 $231,400 $417,300
2022 $5,642 $659,300 $238,700 $420,600
2021 $4,933 $457,500 $162,000 $295,500
2019 $4,615 $426,200 $144,700 $281,500
2018 $4,562 $416,400 $121,400 $295,000
2017 $3,801 $358,400 $90,100 $268,300
2016 $3,424 $280,600 $70,500 $210,100
2014 $1,742 $266,500 $65,000 $201,500
2013 $1,742 $236,900 $57,800 $179,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Denny Anderson

    Real Estate Investment Svcs

    (480) 589-1623

    Denny Anderson
    Section Image
  • Debbi Anderson

    Seller Co-Listing Agent in 2012

    Debbi Anderson

    Real Estate Investment Svcs

    (253) 380-3444

    2 Total Sales

    Debbi Anderson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 354717

Northwest Multiple Listing Service (NWMLS)

APN: 299500-0247

Washington Pierce County Steilacoom 98388

2427 Farrell Dr Unit 2429, Steilacoom, WA

This home is located at 2427 Farrell Dr Unit 2429, Steilacoom, WA 98388 since 10 May 2012 and is currently estimated at $757,604, approximately $271 per square foot. This property was built in 2002. 2427 Farrell Dr Unit 2429 is a home located in Pierce County with nearby schools including Cherrydale Elementary School, Saltars Point Elementary School, and Pioneer Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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