Seller's Agent in 2022
Chad Goelzer
Keller Williams Realty PS
(253) 376-6347
4 in this area
126 Total Sales
Listed by Keller Williams Realty PS, Bought with HomeSmart Real Estate Assoc
3118 Morrison Rd W Unit A-D University Place, WA 98466
Estimated Value: $1,259,000 - $1,555,048
12
Beds
7
Baths
4,704
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Deck
- Territorial View
- Wood Siding
- Evergreen Primary School Rated A
- Partially Fenced Property
- Wall to Wall Carpet
About This Home
As of February 2022Effective 11/1, NEW Cap Rate of 5.3%. Amazing opportunity to own this tenant-occupied 4-plex in University Place! Ideally located in the highly desired UP School District & walkable to shopping & transit. Each 3-bed, 1.75 bath unit has an identical layout & includes an open kitchen w/ eating space, separate dining area, spacious living room w/ fireplace, laundry area, a covered deck w/ storage, plus all appliances are included. Tenants love the unique layout that offers extra privacy via a separate hall to the master suite w/ attached bath. Outside find plenty of parking including 4 covered spots & large common area. Units have been fully occupied for 8 years, all tenants current & no vacancies. Rents increase to $2,030/month on 11/1/2021.
Last Agent to Sell the Property
Keller Williams Realty PS License #26954 Listed on: 06/16/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1789722
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,220
Year Built
- Built in 1988
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 101' x 164' x 99' x 164'
- Partially Fenced Property
- Property is in good condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 4,704 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Parking
- 7 Parking Spaces
- Open Parking
Additional Features
- Deck
- Cable TV Available
Community Details
- University Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 0220104037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2024
Sold by
Petlovany Michael James and Petlovany Cari Rae
Bought by
Mike Petlovany And Cari Petlovany Living Trus
Current Estimated Value
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jan 31, 2022
Sold by
Wilcox Nicholas A
Bought by
Petlovany Cari Rae and Petlovany Michael James
Seller's Agent
Chad Goelzer
Keller Williams Realty PS
Buyer's Agent
Brooke Bakogeorge
HomeSmart Real Estate Assoc
List Price
$1,450,000
Sold Price
$1,440,500
Premium/Discount to List
-$9,500
-0.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$1,065,750
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2012
Sold by
Brooks Julie
Bought by
Wilcox Nicholas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
3.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2004
Sold by
Cowan Arthur V
Bought by
Brooks Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 24, 2003
Sold by
Cowan Arthur N
Bought by
Cowan Arthur and Brooks Julie
Purchase Details
Closed on
Aug 8, 2002
Sold by
Kawabata Yosh
Bought by
Cowan Arthur N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.51%
Mortgage Type
Commercial
Purchase Details
Closed on
May 23, 1997
Sold by
Mateo Efren Viloria and Abad Mateo Evelyn Espiritu
Bought by
Kawabata Yosh and Kawabata Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.14%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mike Petlovany And Cari Petlovany Living Trus | -- | None Listed On Document | |
| Petlovany Cari Rae | $1,440,219 | Wfg National Title Company Of | |
| Wilcox Nicholas A | $282,000 | Wfg National Title Company | |
| Brooks Julie | $153,651 | Pnwt | |
| Cowan Arthur | $110,000 | -- | |
| Cowan Arthur N | $329,000 | -- | |
| Kawabata Yosh | $290,849 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Petlovany Cari Rae | $1,065,750 | |
| Previous Owner | Wilcox Nicholas A | $226,400 | |
| Previous Owner | Brooks Julie | $257,600 | |
| Previous Owner | Cowan Arthur N | $263,200 | |
| Previous Owner | Kawabata Yosh | $160,000 | |
| Closed | Cowan Arthur N | $49,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2022 02/03/22 | Sold | $1,440,500 | -0.7% | $306 / Sq Ft |
| 12/18/2021 12/18/21 | Pending | -- | -- | -- |
| 10/31/2021 10/31/21 | For Sale | $1,450,000 | 0.0% | $308 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $1,450,000 | -- | $308 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $14,035 | $1,313,800 | $335,200 | $978,600 |
| 2024 | $14,035 | $1,235,900 | $347,700 | $888,200 |
| 2023 | $14,035 | $1,195,800 | $323,900 | $871,900 |
| 2022 | $11,986 | $1,210,600 | $323,900 | $886,700 |
| 2021 | $11,220 | $814,200 | $221,800 | $592,400 |
| 2019 | $7,868 | $638,800 | $188,300 | $450,500 |
| 2018 | $8,682 | $607,700 | $161,300 | $446,400 |
| 2017 | $7,343 | $554,800 | $133,700 | $421,100 |
| 2016 | $6,295 | $395,600 | $101,800 | $293,800 |
| 2014 | $2,929 | $358,900 | $94,900 | $264,000 |
| 2013 | $2,929 | $337,700 | $86,200 | $251,500 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Goelzer
-
Brooke Bakogeorge
Buyer's Agent in 2022
Brooke Bakogeorge
HomeSmart Real Estate Assoc
(360) 332-9439
1 in this area
11 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1789722
APN: 022010-4037
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Based on information submitted to the MLS GRID
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