Listed by Pellego, Inc., Bought with Viking Realty
NOT LISTED FOR SALE

32223 1st Ave Black Diamond, WA 98010

Estimated Value: $847,000 - $1,464,000

-- Bed
-- Bath
3,030 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $549,000 $181 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,486/month

15 Days on Market

Highlights

  • 0.48 Acre Lot
  • Territorial View
  • Thermal Windows
  • Deck
  • Wood Flooring
  • Patio

About This Home

As of August 2018

Fantastic location walking distance to restaurants, coffee shops, post office and much more! Nestled next to acres of open space, close to Mt. Ranier, rare investment opportunity of this type only found in Black Diamond one of the top ten zip codes in King County. This fourplex is a turn-key business, all units under lease with little maintenance needed. Four-year-old roof updated windows, water heaters, plumbing, remodeled kitchens, baths and many other bldg renovations & in every apartment.

Last Agent to Sell the Property

Juan Morales

Pellego, Inc. License #76745 Listed on: 07/09/2018

Pellego, Inc.

Last Buyer's Agent

Dave Gashler

Viking Realty License #116942

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1322381

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1967

Lot Details

  • 0.48 Acre Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,030 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 11 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Black Diamond Elementary School
  • Thunder Mtn Mid Middle School
  • Enumclaw Snr High School

Utilities

  • Cable TV Available

Community Details

  • Black Diamond Townsite Condos
  • Black Diamond Subdivision

Listing and Financial Details

  • Legal Lot and Block 17,18,19,20 / 1
  • Assessor Parcel Number 0844000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,579

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Black Diamond Townsite
  • New Construction: No
  • CalculatedSquareFootage: 3030
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Energy Package,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 11
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 11

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget sound Energy
  • SewerCompany: City of Black Diamond
  • WaterCompany: City of Black Diamond
  • WaterSewerGarbage: 5124

Schools

  • Junior High Dist: Enumclaw
  • High School: Enumclaw Snr High
  • Middle Or Junior School: Thunder Mtn Mid

Lot Info

  • Parcel Number: 0844000090
  • Lot Size Acres: 0.4802
  • Lot Size Sq Ft: 20917
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 17,18,19,20

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4270

Multi Family

  • Gross Scheduled Income: 52164
  • Net Operating Income: 36363
  • Number Of Units Total: 4
  • Electric Expense: 552
  • Insurance Expense: 2935
  • Leasable Area: 3030
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3579

MLS Schools

  • Elementary School: Black Diamond Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Stephenson Joseph
Bought by
Hemminger Gareth D and Hemminger Pamela J
Current Estimated Value
$1,096,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$576,154
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$433,925

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 23, 2018
Sold by
Stephenson Sandra H
Bought by
Stephenson Joseph
Seller's Agent
Juan Morales
Pellego, Inc.
Buyer's Agent
Dave Gashler
Viking Realty
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$411,750
Interest Rate
4.5%

Purchase Details

Closed on
Jul 30, 1990
Sold by
Novak Albert F and Novak Deborah L
Bought by
Powell Douglas M
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
Hemminger Gareth D $840,000 Fidelity National Title
Stephenson Joseph -- Wfg National Title Insurance
Stephenson Joseph $549,000 Wfg National Title
Powell Douglas M $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemminger Gareth D $630,000
Previous Owner Stephenson Joseph $413,525
Previous Owner Stephenson Joseph $411,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $549,000 0.0% $181 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $549,000 0.0% $181 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $549,000 -- $181 / 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 $5,811 $696,000 $271,900 $424,100
2023 $5,915 $721,000 $271,900 $449,100
2022 $5,678 $736,000 $209,100 $526,900
2021 $6,120 $614,000 $209,100 $404,900
2020 $5,461 $601,000 $209,100 $391,900
2018 $3,579 $339,900 $125,500 $214,400
2017 $3,642 $311,900 $125,500 $186,400
2016 $3,595 $328,000 $125,500 $202,500
2015 $3,207 $303,700 $104,500 $199,200
2014 -- $257,700 $104,500 $153,200
2013 -- $257,700 $104,500 $153,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1322381

Northwest Multiple Listing Service (NWMLS)

APN: 084400-0090