NOT LISTED FOR SALE

Estimated Value: $676,770 - $823,000

4 Beds
3 Baths
2,550 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $375,000 $147 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,605/month

63 Days on Market

Highlights

  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • High Speed Internet
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2014

Great Duplex with Long term Tenants. 2Bds/2Bths each unit. 2550 Sq Ft total.

Last Agent to Sell the Property

Robert Carper

Berkshire Hathaway HS NW License #75073 Listed on: 07/23/2014

Berkshire Hathaway HS NW

Last Buyer's Agent

Mike Fuchigami

RE/MAX All City License #14043

RE/MAX All City

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 671690

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1989

Lot Details

  • 10,007 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Federal Way Snr High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Solano Heights Add Condos
  • Steel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7853600001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,804

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Solano Heights ADD
  • New Construction: No
  • CalculatedSquareFootage: 2550
  • Special Features: None
  • Cumulative Days on Market: 387

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterSewerGarbage: 1440

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High

Lot Info

  • Parcel Number: 7853600001
  • Lot Size Acres: 0.2297
  • Lot Size Sq Ft: 10007
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Taxes
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2175

Multi Family

  • Gross Scheduled Income: 26100
  • Net Operating Income: 19576
  • Number Of Units Total: 2
  • Insurance Expense: 1280
  • Leasable Area: 2550
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 23, 2014
Sold by
Lazor Vicki M
Bought by
Adams Johelen B
Seller's Agent
Robert Carper
Berkshire Hathaway HS NW
Buyer's Agent
Mike Fuchigami
RE/MAX All City
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Current Estimated Value
$734,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,923
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Lazor Vicki M
Bought by
Lazor Vicki M

Purchase Details

Closed on
Apr 19, 2003
Sold by
Hirt Cynthia L
Bought by
Lazor Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,775
Interest Rate
5.72%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Cooley Richard and Cooley Betty
Bought by
Hirt Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Source: Public Records

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
Adams Johelen B $375,000 Stewart Title
Lazor Vicki M -- None Available
Lazor Vicki M $314,500 Transnation Ti
Hirt Cynthia L $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazor Vicki M $202,595
Previous Owner Lazor Vicki M $238,775
Previous Owner Hirt Cynthia L $120,000
Closed Lazor Vicki M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2014 10/29/14 Sold $375,000 -1.3% $147 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $380,000 -- $149 / 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 $6,462 $645,000 $151,000 $494,000
2023 $6,675 $587,000 $138,000 $449,000
2022 $5,910 $682,000 $148,000 $534,000
2021 $5,398 $523,000 $135,000 $388,000
2020 $5,126 $448,000 $117,000 $331,000
2018 $5,206 $407,000 $95,000 $312,000
2017 $4,796 $366,000 $95,000 $271,000
2016 $4,407 $337,000 $91,000 $246,000
2015 $4,073 $296,000 $86,000 $210,000
2014 -- $280,000 $80,000 $200,000
2013 -- $236,000 $80,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 671690

Northwest Multiple Listing Service (NWMLS)

APN: 785360-0001