Listed by Windermere RE/Lake Tapps, Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

2512 27th Ave SW Puyallup, WA 98373

Estimated Value: $788,000 - $887,919

6 Beds
5 Baths
2,766 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $800,000 $289 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,119/month

6 Days on Market

Highlights

  • RV Access or Parking
  • 0.57 Acre Lot
  • Territorial View
  • Fruitland Elementary School Rated A-
  • Secluded Lot
  • No HOA

About This Home

As of May 2022

Perfect Investment Property Opportunity! Large duplex located in South Hill area. Each side is 1,383 sqft, 3 bedroom, 2.5 bath, 2 car garage units. All appliances included. Large private backyards for each unit. Recent updates include: new roof, water heater, toilets, flooring & paint. Easy maintenance exterior. Large driveway & another detached 4 individual garage units additional $500 income. Previous rents were below market average - opportunity for higher income. Great location for shopping, freeways, parks, schools & restaurants. Rent out both sides, or live in one of the sides, and rent the other.

Last Agent to Sell the Property

Arron Nowak

Windermere RE/Lake Tapps, Inc License #91640 Listed on: 04/14/2022

Windermere RE/Lake Tapps, Inc

Last Buyer's Agent

Roger Singh

Skyline Properties, Inc. License #134743

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1916812

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,209

Year Built

  • Built in 2003

Lot Details

  • 0.57 Acre Lot
  • Secluded Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 6 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419056015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,209

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2003
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2766
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • WaterCompany: Fruitland
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0419056015
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4490

Multi Family

  • Gross Scheduled Income: 47181
  • Net Operating Income: 21907
  • Number Of Units Total: 2
  • Insurance Expense: 823.57
  • Leasable Area: 2766
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 16, 2022
Sold by
Burkhardt James G and Burkhardt Francesca
Bought by
Gill Paramjit Kaur and Gill Lakhsupwitarpal Singh
Seller's Agent
Arron Nowak
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Roger Singh
Skyline Properties, Inc.
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%
Current Estimated Value
$849,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,480
Avg. Annual Appreciation
1.79%
Original Mortgage
$600,000
Outstanding Balance
$566,915
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$282,565

Purchase Details

Closed on
Jun 23, 2011
Sold by
Stickney Keith D and Stickney Anne Marie
Bought by
Burkhardt James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,987
Interest Rate
4.55%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2002
Sold by
Magnuson Gerald F and Magnuson Kayla E
Bought by
Stickney Keith D and Stickney Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.88%
Mortgage Type
Construction
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
Gill Paramjit Kaur -- Commonwealth Land Title
Burkhardt James G $325,000 Chicago Title Insurance Co
Stickney Keith D $130,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Paramjit Kaur $600,000
Previous Owner Burkhardt James G $331,987
Previous Owner Stickney Keith D $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $800,000 +6.8% $289 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $749,000 -- $271 / 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 $7,391 $828,300 $274,400 $553,900
2024 $7,391 $812,700 $246,000 $566,700
2023 $7,391 $754,100 $246,000 $508,100
2022 $6,073 $720,000 $272,500 $447,500
2021 $6,209 $516,300 $189,400 $326,900
2019 $5,243 $469,500 $164,600 $304,900
2018 $5,248 $429,900 $146,600 $283,300
2017 $4,749 $381,000 $122,200 $258,800
2016 $4,362 $309,400 $77,100 $232,300
2014 $4,164 $288,600 $77,100 $211,500
2013 $4,164 $260,500 $73,300 $187,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1916812

Northwest Multiple Listing Service (NWMLS)

APN: 041905-6015