Listed by Berkshire Hathaway HS NW, Bought with Bonifield Group
NOT LISTED FOR SALE

Estimated Value: $1,021,000 - $1,059,826

-- Bed
-- Bath
3,904 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $385,000 $99 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,540/month

25 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wood Siding
  • Patio
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of June 2014

CA$H FLOW CA$H FLOW CA$H FLOW. All four 2 bedroom 1.5 bath units in fourplex rented with a positive cash flow. New roof in 2011 with transferable warranty. All units updated w/ newer interior & exterior paint, newer appliances & newer flooring. Each unit comes with washer and dryer. Exterior is professionally maintained and units are managed ONSITE for only a 5% fee, much less than traditional property mgt companies. HOA dues pays water sewer garbage and security.

Last Agent to Sell the Property

paul Frink

Berkshire Hathaway HS NW License #23177 Listed on: 04/10/2014

Berkshire Hathaway HS NW

Co-Listed By

Vallery Frink

Keller Williams Realty PS License #27006

Last Buyer's Agent

S Bonfield

Bonifield Group License #18658

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 618058

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,904 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Panther Lake Condos
  • Panther Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1322020610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,366

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Panther Lake
  • New Construction: No
  • CalculatedSquareFootage: 3904
  • Special Features: VirtualTour
  • Cumulative Days on Market: 377

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Lakehave
  • WaterCompany: lakehaven
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 1322020610
  • Lot Size Acres: 0.2921
  • Lot Size Sq Ft: 12725
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3575

Multi Family

  • Gross Scheduled Income: 42900
  • Net Operating Income: 29871
  • Number Of Units Total: 4
  • Insurance Expense: 663
  • Leasable Area: 3904
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Tax Annual Amount: 6366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Bucy Michael D and 673 Wealth Trust
Bought by
Prieur Aymeric and Prieur Dakota
Current Estimated Value
$1,040,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Jabez Holdings Llc
Bought by
Bucy Michael D and 673 Wealth Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.5%

Purchase Details

Closed on
Sep 16, 2014
Sold by
Graham David M and Graham Maureen
Bought by
Jabez Holdings Llc and Graham Holdings Llc

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 11, 2014
Sold by
Lam Anh T and Lam Khoi A
Bought by
Graham David M and Graham Maureen
Seller's Agent
paul Frink
Berkshire Hathaway HS NW
Buyer's Agent
S Bonfield
Bonifield Group
List Price
$399,990
Sold Price
$385,000
Premium/Discount to List
-$14,990
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$294,698
Interest Rate
4.25%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Kar Saeed Alanpay and Rafipour Maryam
Bought by
Lam Anh T and Lam Khoi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,500
Interest Rate
6.87%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Phillips Orrin E and Phillips Carol J
Bought by
Kar Saeed Alanpay and Rafipour Maryam

Purchase Details

Closed on
May 10, 1999
Sold by
Phillips Orrin E and Phillips Carol J
Bought by
Phillips Orrin E and Phillips Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.94%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Phillips Claxton Madonna A and Phillips Orrin E
Bought by
Phillips Orrin E

Purchase Details

Closed on
Jul 29, 1996
Sold by
Phillips Louise M
Bought by
Phillips Claxton Madonna A and Phillips Orrin E

Purchase Details

Closed on
Dec 19, 1995
Sold by
Ortiz Reginald L and Ortiz Joyce R
Bought by
Phillips Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.37%

Purchase Details

Closed on
May 25, 1994
Sold by
Brilhante Stanley D and Brilhante Ruth L
Bought by
Ortiz Reginald L and Ortiz Joyce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
8.53%

Purchase Details

Closed on
Dec 21, 1992
Sold by
Sias Peter M and Sias Sias
Bought by
Brilhante Stanley D and Brilhante Ruth L
Source: Public Records

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
Prieur Aymeric $698,000 Ticor Title
Bucy Michael D $650,000 First American Title
Jabez Holdings Llc -- None Available
Graham David M $396,900 First American Title Ins Co
Lam Anh T $505,000 Chicago Title
Kar Saeed Alanpay $395,000 Commonwealth L
Phillips Orrin E -- --
Phillips Orrin E -- Chicago Title Insurance Co
Phillips Claxton Madonna A -- Pacific Northwest Title
Phillips Louise M $177,000 Chicago Title Insurance Co
Phillips Louise M -- Chicago Title Insurance Co
Ortiz Reginald L $180,600 Transamerica Title Ins Co
Brilhante Stanley D $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prieur Aymeric $100,000
Open Prieur Aymeric $536,250
Closed Prieur Aymeric $523,500
Previous Owner 673 Wealth Trust $390,000
Previous Owner Bucy Michael D $425,000
Previous Owner Graham David M $294,698
Previous Owner Lam Anh T $348,000
Previous Owner Lam Anh T $378,500
Previous Owner Phillips Orrin E $147,000
Previous Owner Phillips Louise M $50,000
Previous Owner Ortiz Reginald L $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $385,000 -3.7% $99 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/12/2014 04/12/14 For Sale $399,990 -- $102 / 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 $10,452 $991,900 $200,000 $791,900
2023 $8,423 $970,000 $160,000 $810,000
2022 $8,511 $862,000 $140,000 $722,000
2021 $8,341 $757,000 $120,000 $637,000
2020 $8,282 $697,000 $120,000 $577,000
2018 $7,141 $590,000 $120,000 $470,000
2017 $6,590 $502,000 $110,000 $392,000
2016 $6,642 $463,000 $110,000 $353,000
2015 $5,814 $447,000 $75,000 $372,000
2014 -- $400,000 $75,000 $325,000
2013 -- $418,000 $75,000 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 618058

Northwest Multiple Listing Service (NWMLS)

APN: 132202-0610