Listed by WeLakeside, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

Estimated Value: $574,000 - $582,763

5 Beds
2 Baths
2,240 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $525,000 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,487/month

9 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding

About This Home

As of March 2022

Great Investment Opportunity! Duplex has 3 beds 2 bath on the second floor & 2 beds 1 bath on ground unit with laminate floor. Each unit has refrigerator, range/oven and dishwasher. One car garage for each unit with lots of parking space. Conveniently located near I-5, 512, military base and shopping. Easy to rent.

Last Agent to Sell the Property

Grace Lee

WeLakeside License #91962 Listed on: 02/18/2022

WeLakeside

Last Buyer's Agent

Eltah Brinson

Best Choice Realty LLC License #127336

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1890022

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320314075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,617

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2240
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Lakeview
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood
  • WaterSewerGarbage: 2052

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 0320314075
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Co Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3050

Multi Family

  • Gross Scheduled Income: 36600
  • Net Operating Income: 29131
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2240
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 17, 2022
Sold by
Hajung Jung
Bought by
Carcano Berenice
Seller's Agent
Grace Lee
WeLakeside
Buyer's Agent
Eltah Brinson
Best Choice Realty LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$578,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,191
Avg. Annual Appreciation
2.75%
Original Mortgage
$525,000
Outstanding Balance
$490,519
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$87,672

Purchase Details

Closed on
Sep 25, 2017
Sold by
Limstrom Jong M
Bought by
Jung Hajung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,923
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Hhans Properties Llc
Bought by
Limstrom Jong M

Purchase Details

Closed on
May 26, 2010
Sold by
Limstrom Jong M
Bought by
Hhans Properties Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Limstrom Jong
Bought by
Hhans Properties Llc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Hunt Jared S
Bought by
Limstrom Jong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2004
Sold by
Kirk Vanzell
Bought by
Hunt Jared S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Woodland Property Management Corp
Bought by
Kirk Vanzell and Kirk Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.03%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Carcano Berenice $524,719 Ticor Title
Jung Hajung $339,623 F A T C O
Limstrom Jong M -- None Available
Hhans Properties Llc -- None Available
Hhans Properties Llc -- None Available
Limstrom Jong $236,000 First American Title Ins Co
Hunt Jared S $199,000 Stewart Title
Kirk Vanzell $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carcano Berenice $525,000
Previous Owner Jung Hajung $271,923
Previous Owner Limstrom Jong $177,000
Previous Owner Hunt Jared S $159,200
Previous Owner Kirk Vanzell $153,000
Closed Hunt Jared S $39,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $525,000 -4.5% $234 / Sq Ft
02/28/2022 02/28/22 For Sale $550,000 0.0% $246 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/25/2022 02/25/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $550,000 -- $246 / 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 $5,167 $525,600 $215,900 $309,700
2024 $5,167 $483,300 $206,500 $276,800
2023 $5,167 $475,300 $199,500 $275,800
2022 $4,617 $489,900 $199,500 $290,400
2021 $4,434 $337,500 $116,800 $220,700
2019 $3,487 $301,100 $100,500 $200,600
2018 $3,445 $288,100 $97,400 $190,700
2017 $3,051 $231,100 $70,700 $160,400
2016 $2,726 $188,000 $44,800 $143,200
2014 $2,326 $171,800 $39,300 $132,500
2013 $2,326 $156,300 $33,800 $122,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1890022

Northwest Multiple Listing Service (NWMLS)

APN: 032031-4075