$1,000,000
SOLD JUL 31, 2024

2733 Initial Place Enumclaw, WA 98022

-- Bed
-- Bath
3,552 Sq Ft
0.28 Acres

Recently Sold

$282 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Patio
  • No HOA
  • Cul-De-Sac
  • Baseboard Heating

About This Home

As of July 2024

Excellent fourplex located in Enumclaw. Owner has recently made several long term improvements- new roof, new Hardie Plank siding, new windows and sliders. New exterior decking material on upper levels. 2 bedroom 1.5 bath townhouse style units. Washer-Dryer hookups in each unit. Patio and storage unit for each tenant. Some long term tenants on month to month are under market. This well maintained investment property is a fantastic inflation hedge and gives you both stable income and future growth potential. Professionally managed and can continue with new owner. $90,000 in recent improvements. No sign, drive by only, please do not make contact with occupants.

Last Agent to Sell the Property

Fred Grunewald

Skyline Properties, Inc. License #121501

Skyline Properties, Inc.

Last Buyer's Agent

Fred Grunewald

Skyline Properties, Inc. License #121501

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2240179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,390

Year Built

  • Built in 1982

Lot Details

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

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Bois Jolie 2 Condos
  • Enumclaw Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0899010030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,390

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
  • Building Name: Bois Jolie 2
  • New Construction: No
  • CalculatedSquareFootage: 3552
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 240

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: public
  • SewerCompany: public
  • WaterCompany: public
  • WaterSewerGarbage: 5400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Enumclaw

Lot Info

  • Parcel Number: 0899010030
  • Lot Size Acres: 0.2786
  • Lot Size Sq Ft: 12136
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: kcr
  • MLSSquareFootageSource: kcr
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5935

Multi Family

  • Gross Scheduled Income: 71220
  • Net Operating Income: 55830
  • Number Of Units Total: 4
  • Insurance Expense: 2600
  • Leasable Area: 3552
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7390

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,000,000 0.0% $282 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $1,000,000 -- $282 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $8,712 $908,000 $169,900 $738,100
2023 $8,251 $821,000 $169,900 $651,100
2022 $7,022 $813,000 $145,600 $667,400
2021 $6,992 $700,000 $133,400 $566,600
2020 $6,016 $635,000 $133,400 $501,600
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

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 First American Title
Quit Claim Deed -- Commonwealth Land Title
Interfamily Deed Transfer -- Cw Title
Warranty Deed -- None Available
Warranty Deed $165,000 --
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2240179

Northwest Multiple Listing Service (NWMLS)

APN: 089901-0030