Listed by Keller Williams Realty, Bought with Toril Sells Houses Team
$1,030,000
SOLD OCT 26, 2021

334 340 4th St SW Puyallup, WA 98371

-- Bed
-- Bath
4,500 Sq Ft
0.3 Acres

Recently Sold

$229 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Mountain View
  • Deck
  • Patio
  • Puyallup High School Rated A-
  • Corner Lot
  • 3-minute walk to Kiwanis Kids Spray Park

About This Home

As of October 2021

Investor Alert! This incredible 4 plex has just hit the market! You can't beat this location for your investment property. Located on a corner lot in a nice area of downtown Puyallup. Walking distance to the Library, Sparks stadium, Farmers market, Sounder, Fairgrounds and all the restaurants and shops downtown. Keep it as an investment or possibly turn into condos! Each unit has 1,125 sqf, main floor has living room, kitchen w/ eating area, washer/dryer closet, powder bath and a slider to a quaint private patio. Upstairs offers 2 bdrms with the master bdrm having a slider out to a deck and 1 full bath. Each unit has two uncovered parking spots along with one car garage! A phenomenal opportunity to have a solid 4plex in such a nice area!

Last Agent to Sell the Property

Martie Kelley

Keller Williams Realty License #118068 Listed on: 10/07/2021

Keller Williams Realty

Last Buyer's Agent

Toril Schoepfer

Toril Sells Houses Team License #23304

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1850590

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5745001490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4500
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you for showing!
  • Special Features: None
  • Cumulative Days on Market: 320

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • View: Mountain(s)
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 330

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 1000

Schools

  • Junior High Dist: Puyallup
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5745001490
  • Lot Size Acres: 0.2984
  • Lot Size Sq Ft: 13000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1
  • LeasedItems: None
  • TotalMonthlyIncome: 4650

Multi Family

  • Gross Scheduled Income: 4650
  • Net Operating Income: 45331
  • Number Of Units Total: 4
  • Electric Expense: 1000
  • Insurance Expense: 1700
  • Leasable Area: 4500
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7889

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Shelly Griffin
Bought by
4Th Street Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Outstanding Balance
$920,597
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$81,403

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 22, 2021
Sold by
Harrison Michael
Bought by
Griffin Shelly
Seller's Agent
Martie Kelley
Keller Williams Realty
Buyer's Agent
Toril Schoepfer
Toril Sells Houses Team
List Price
$995,000
Sold Price
$1,030,000
Premium/Discount to List
$35,000
3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$956,250
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 1994
Sold by
Soulsby Susan H
Bought by
Parker Tommy L and Parker Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
8.57%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Chicago Title
Warranty Deed $1,030,000 Chicago Title Company Of Wa
Warranty Deed -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $976,000 New Conventional
Previous Owner $956,250 Construction
Previous Owner $106,800 Commercial
Previous Owner $240,000 Commercial
Previous Owner $136,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
07/12/2025 07/12/25 Price Changed $1,495,000 -6.6% $332 / Sq Ft
06/19/2025 06/19/25 Price Changed $1,600,000 -5.9% $356 / Sq Ft
05/22/2025 05/22/25 For Sale $1,699,999 +65.0% $378 / Sq Ft
10/26/2021 10/26/21 Sold $1,030,000 +3.5% $229 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $995,000 -- $221 / 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
2025 $9,986 $1,011,900 $260,600 $751,300
2024 $9,986 $1,005,100 $237,300 $767,800
2023 $9,986 $968,600 $219,500 $749,100
2022 $8,628 $804,900 $530,400 $274,500
2021 $7,889 $627,600 $341,300 $286,300
2019 $6,447 $627,600 $341,300 $286,300
2018 $6,321 $502,100 $284,400 $217,700
2017 $5,860 $436,600 $258,600 $178,000
2016 $5,485 $347,400 $157,700 $189,700
2014 $5,485 $347,400 $157,700 $189,700
2013 $5,485 $347,400 $157,700 $189,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1850590

Northwest Multiple Listing Service (NWMLS)

APN: 574500-1490