NOT LISTED FOR SALE

2708 Initial Place Enumclaw, WA 98022

Estimated Value: $1,028,000

-- Bed
-- Bath
3,552 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $852,100 $240 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,433/month

7 Days on Market

Highlights

  • Mountain View
  • Cul-De-Sac
  • Partially Fenced Property
  • Deck
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of October 2021

This well-maintained 4-Plex in beautiful Enumclaw is fully occupied and ready for a new owner! Tastefully updated, with New Roof installed 5yrs ago, Siding and Decks redone in the last 2 years, well cared for yard. Owned, maintained, and managed by a professional journeyman contractor - No deferred maintenance! With Newer stoves, refrigerators, dishwashers in every 2 bed/1.5 bath unit, along with W/D hookups, this investment property is turn-key! TWO Parking spaces per unit, a rarity nowadays. Not to mention when the mountain is out - you can see it from here! This property won't last long, jump on it today!

Last Listed By

Jennifer Berg

Real Broker LLC License #135639 Listed on: 07/01/2021

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1799331

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 1982

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Enumclaw Mid Middle School
  • Enumclaw Snr High School

Community Details

  • Enumclaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0899010060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,016

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
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 257

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Cul-De-Sac, Curbs
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Enumclaw
  • WaterCompany: City of Enumclaw
  • WaterSewerGarbage: 4819

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Enumclaw
  • High School: Enumclaw Snr High
  • Middle Or Junior School: Enumclaw Mid

Lot Info

  • Parcel Number: 0899010060
  • Lot Size Acres: 0.3089
  • Lot Size Sq Ft: 13455
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 3775

Multi Family

  • Gross Scheduled Income: 45300
  • Number Of Units Total: 4
  • Insurance Expense: 1698
  • Leasable Area: 3552
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6016

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Suy Chanbou
Bought by
C S Investment Ventures Llc
Total Days on Market
7
Current Estimated Value
$1,028,000

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 4, 2021
Sold by
Rapier Robert C and Rapier Cynthia A
Bought by
Suy Chanbou
Seller's Agent
Jennifer Berg
Real Broker LLC
Buyer's Agent
Tina Hilden
Keller Williams Realty PS
List Price
$850,000
Sold Price
$852,100
Premium/Discount to List
$2,100
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$639,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1999
Sold by
Shoemaker Robert F and Shoemaker Jean M
Bought by
Rapier Robert C and Rapier Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
7.56%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Shoemaker Robert F and Shoemaker Jean
Bought by
Shoemaker Robert F and Shoemaker Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
7.56%

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
C S Investment Ventures Llc $313 None Listed On Document
Suy Chanbou $852,100 Fidelity Natl Ttl Co Of Wa I
Rapier Robert C $218,000 Fidelity National Title
Shoemaker Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suy Chanbou $639,000
Previous Owner Rapier Robert C $140,000
Previous Owner Rapier Cynthia A $104,200
Previous Owner Rapier Robert C $163,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $852,100 +0.2% $240 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $850,000 -- $239 / 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 $8,798 $917,000 $188,300 $728,700
2023 $7,372 $790,000 $188,300 $601,700
2022 $7,022 $811,000 $161,400 $649,600
2021 $6,992 $700,000 $148,000 $552,000
2020 $6,016 $635,000 $148,000 $487,000
2018 $4,976 $466,000 $115,000 $351,000
2017 $4,738 $406,000 $115,000 $291,000
2016 $4,451 $399,000 $115,000 $284,000
2015 $4,623 $369,000 $85,000 $284,000
2014 -- $367,000 $65,000 $302,000
2013 -- $367,000 $65,000 $302,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1799331

Northwest Multiple Listing Service (NWMLS)

APN: 089901-0060