NOT LISTED FOR SALE

2707 Initial Place Enumclaw, WA 98022

Estimated Value: $797,000 - $1,035,000

-- Bed
-- Bath
3,552 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $695,000 $196 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,876/month

3 Days on Market

Highlights

  • Spa
  • Deck
  • Patio
  • Mountain View
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of January 2020

Fabulous Investment property. Come see today! Amazing townhouse style 4 plex unit, each 888 sq ft. with 2 bedrooms and 1 full bathroom upstairs, and 1/2 bath down with laundry hookups. Each unit has a patio w/ private deck upstairs. All rented on month to month lease, room to raise rents. Unit shown has been updated with laminate flooring, new baseboards and doors. Freshly painted outside and new windows. Great location, easy walk to town to enjoy the restaurants and shops.

Last Listed By

Tracy Rodway

John L. Scott, Inc. License #114811 Listed on: 01/03/2020

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1551576

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1982

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Central In Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0899010040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,778

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1982
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3552
  • Special Features: None
  • Cumulative Days on Market: 253

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: Yes
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 4800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Enumclaw

Lot Info

  • Parcel Number: 0899010040
  • Lot Size Acres: 0.2765
  • Lot Size Sq Ft: 12043
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Hot Tub/Spa,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 31322
  • Number Of Units Total: 6
  • Insurance Expense: 2300
  • Leasable Area: 3552
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
James Jean and Jean Tina Ann
Bought by
James Jean Exemption Trust and James Jean Exemption Trust
Total Days on Market
3
Current Estimated Value
$933,666

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jan 16, 2020
Sold by
Wetton Richard Shawn
Bought by
Jean James
Seller's Agent
Tracy Rodway
John L. Scott, Inc.
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Dec 18, 1998
Sold by
Wetton Kelly Michael
Bought by
Wetton Richard Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.91%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Lichtenfels David A and Lichtenfels Teresa L
Bought by
Wetton Richard Shawn and Wetton Kelly Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
9.5%

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
James Jean Exemption Trust $313 None Listed On Document
Jean James $695,000 Cw Title
Wetton Richard Shawn -- Fidelity National Title Co
Wetton Richard Shawn $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetton Richard Shawn $162,000
Previous Owner Wetton Richard S $125,000
Previous Owner Wetton Richard Shawn $142,000
Previous Owner Wetton Richard Shawn $195,000
Previous Owner Wetton Richard Shawn $192,000
Previous Owner Wetton Richard Shawn $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $695,000 0.0% $196 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $695,000 -- $196 / 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 $8,386 $874,000 $168,600 $705,400
2023 $7,399 $841,000 $168,600 $672,400
2022 $7,032 $814,000 $144,500 $669,500
2021 $6,992 $701,000 $132,400 $568,600
2020 $6,016 $635,000 $132,400 $502,600
2018 $4,976 $466,000 $110,000 $356,000
2017 $4,738 $406,000 $110,000 $296,000
2016 $4,451 $399,000 $110,000 $289,000
2015 -- $369,000 $80,000 $289,000
2014 -- $367,000 $65,000 $302,000
2013 -- $367,000 $65,000 $302,000
Source: Public Records

Agents Affiliated with this Home

  • Tracy Rodway

    Seller's Agent in 2020

    Tracy Rodway

    John L Scott

    (253) 226-4702

    7 in this area

    29 Total Sales

    Tracy Rodway
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1551576

Northwest Multiple Listing Service (NWMLS)

APN: 089901-0040

Washington King County Enumclaw 98022

2707 Initial Place, Enumclaw, WA

Homes for Sale in Enumclaw, WA

This home is located at 2707 Initial Place, Enumclaw, WA 98022 since 03 January 2020 and is currently estimated at $933,666, approximately $262 per square foot. This property was built in 1982. 2707 Initial Place is a home located in King County with nearby schools including Sunrise Elementary School, Enumclaw Middle School, and Enumclaw Senior High 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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