Listed by Redfin, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $1,028,738 - $1,066,000

-- Bed
-- Bath
3,600 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,030,000 $286 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,694/month

7 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Wall to Wall Carpet
  • Territorial View

About This Home

As of June 2024

Attention investors! Rare 4-plex investment property in a great community -Campus View. Features 4 spacious units w/functional layout, each w/2 beds, 1 full bath, cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spot for each unit + visitor parking. Long lasting Tile Roof. Prime location close to schools, library, shopping, restaurants, hospital, Panther Lake Park, Celebration Park, West Hylebos State Park, Costco, Winco & more!. Quick & Easy access to upcoming Light Rail, I-5, Hwy 99 & Hwy 18 for commuters. Fully Maintained & Professionally Managed (Management company handles everything w/owner input) makes the convenience of owning this 4plex a great option for investors near or far! Add to your investment portfolio today!

Last Agent to Sell the Property

Troy Rothermel

Redfin License #125745 Listed on: 05/22/2024

Redfin

Last Buyer's Agent

Yifan Zhang

eXp Realty License #120822

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2241322

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,573

Year Built

  • Built in 1977

Lot Details

  • 9,621 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Tile Roof
  • Wood Composite

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Radiant Heating System

Community Details

  • Campus View Condos
  • West Campus Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1322010230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,573

Year Built

Built in 1977

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Campus View
  • New Construction: No
  • CalculatedSquareFootage: 3600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: 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
  • Cooling: None, Radiant
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1322010230
  • Lot Size Acres: 0.2209
  • Lot Size Sq Ft: 9621
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to verify
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.75
  • LeasedItems: None
  • TotalMonthlyIncome: 7025

Multi Family

  • Gross Scheduled Income: 84300
  • Net Operating Income: 57474
  • Number Of Units Total: 4
  • Insurance Expense: 2780
  • Leasable Area: 3600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8573.22

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 24, 2024
Sold by
Liu Lili
Bought by
Bruno Cooper Llc
Seller's Agent
Troy Rothermel
Redfin
Buyer's Agent
Yifan Zhang
eXp Realty
List Price
$1,075,000
Sold Price
$1,030,000
Premium/Discount to List
-$45,000
-4.19%
Views
7
Current Estimated Value
$1,047,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,913
Avg. Annual Appreciation
0.16%
Original Mortgage
$711,000
Outstanding Balance
$705,652
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$326,376

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 26, 2024
Sold by
Allen A Schwartz Living Trust and Schwartz Allen A
Bought by
Liu Lili
Seller's Agent
Troy Rothermel
Redfin
Buyer's Agent
Yifan Zhang
eXp Realty
List Price
$1,075,000
Sold Price
$1,030,000
Premium/Discount to List
-$45,000
-4.19%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Outstanding Balance
$705,652
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$326,376

Purchase Details

Closed on
Nov 12, 2010
Sold by
Schwartz Allen A
Bought by
Schwartz Allen A and Allena Schwartz Living Trust
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
Bruno Cooper Llc $313 None Listed On Document
Liu Lili $1,030,000 Title Forward
Schwartz Allen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Lili $711,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,030,000 -4.2% $286 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $1,075,000 -- $299 / 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 $8,834 $806,000 $200,000 $606,000
2023 $8,573 $776,000 $160,000 $616,000
2022 $9,356 $870,000 $140,000 $730,000
2021 $9,462 $825,000 $120,000 $705,000
2020 $7,527 $785,000 $120,000 $665,000
2018 $6,782 $543,000 $120,000 $423,000
2017 $6,160 $472,000 $100,000 $372,000
2016 $6,276 $428,000 $100,000 $328,000
2015 $5,642 $418,000 $68,000 $350,000
2014 -- $384,000 $68,000 $316,000
2013 -- $385,000 $68,000 $317,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2241322

Northwest Multiple Listing Service (NWMLS)

APN: 132201-0230