Great investment opportunity! High demand rental area. Wonderful for beginning investor or owner occupied. Side by side townhouse style duplex with separate private fenced back yards. Units feature nice kitchens, 2 bedrooms, 1.5 bathrooms, w/d, and off-street parking. Units have a 1 car garage that can be converted for additional sqft and rent. Left side will be vacated by the end of July, so FHA and VA owner occupant financing is an available option. Good location close to Federal Way schools, parks, shopping, easy freeway access, and future Link Light Rail station. 1,680 total square feet on a flat 7,350 square foot lot. Well priced so act fast! Do not bother tenants, please view discretely.
Last Agent to Sell the Property
Every Door Real Estate License #132317 Listed on: 07/06/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1963496
$675,000
Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom, 1-bath units perfect for strong rental demand. Sale is for land only. Located in a thriving neighborhood with excellent access to amenities, transit, and major highways. Offering a flexible turnkey solution for developers or investors. This fully permitted project
Vadim Polishchuk Skyline Properties, Inc.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Chicago Title | |
| Warranty Deed | $195,000 | Transnation Ti |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $485,000 | New Conventional | |
| Previous Owner | $156,000 | Purchase Money Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $600,000 | +2.6% | $357 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | Price Changed | $585,000 | -2.5% | $348 / Sq Ft |
| 07/06/2022 07/06/22 | For Sale | $600,000 | -- | $357 / Sq Ft |
| 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 | $5,840 | $586,000 | $135,000 | $451,000 |
| 2023 | $4,848 | $533,000 | $123,000 | $410,000 |
| 2022 | $4,297 | $490,000 | $132,000 | $358,000 |
| 2021 | $3,924 | $376,000 | $120,000 | $256,000 |
| 2020 | $3,716 | $322,000 | $104,000 | $218,000 |
| 2018 | $3,784 | $293,000 | $84,000 | $209,000 |
| 2017 | $3,487 | $264,000 | $84,000 | $180,000 |
| 2016 | $3,461 | $243,000 | $80,000 | $163,000 |
| 2015 | $3,208 | $231,000 | $91,000 | $140,000 |
| 2014 | -- | $219,000 | $85,000 | $134,000 |
| 2013 | -- | $185,000 | $85,000 | $100,000 |
Seller's Agent in 2022
Ramone Myers
Every Door Real Estate
(206) 372-7621
125 Total Sales
T
Seller Co-Listing Agent in 2022
Treyvon King
Real Broker LLC
(253) 250-5970
29 Total Sales
Buyer's Agent in 2022
Cindy Smalley
Around the Clock Inc.
(206) 841-5321
44 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1963496
APN: 029450-0040
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