Listed by Dove Realty, Inc., Bought with Timber Real Estate
NOT LISTED FOR SALE

405 4th Ave SE Unit 1 Puyallup, WA 98372

Estimated Value: $480,000 - $788,000

5 Beds
5 Baths
1,520 Sq Ft
$422/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $705,000 $464 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,866/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Thermal Windows
  • Puyallup High School Rated A-
  • Wood Flooring
  • High Speed Internet

About This Home

As of September 2021

Three Homes, Great Location in Downtown Puyallup, close to everything. The front House was built in 2001 is 1520 Feet, with 3 Bedrooms and 2 1/2 Bathrooms, 2 Gas Fireplaces, Great Master Bedroom, with one of the Gas Fireplaces and a Jetted Tub. There is an Office space, and an Oversized 2 Car Garage. All Appliances stay, To many amenities to List. The 2 Small Houses each have 1 Bedroom and 1 Bathroom, Everything is Gas and all Appliances stay. Very Cute and Private. All 3 Houses are under the current Rental Market. There is a Private walkway from 4th Ave to the houses in the Back. Great Investment Property, Rent 2 and Live in 1, there are many Opportunities for this Property. Close to Restaurants, Sounder, , Safeway, Library and the Park.

Last Agent to Sell the Property

Mike Kissner

Dove Realty, Inc. License #3801 Listed on: 06/23/2021

Last Buyer's Agent

Joshua Meeks

Timber Real Estate License #26850

Timber Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1796373

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 2001

Lot Details

  • 8,950 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Mountain
  • Limited

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Outbuilding

Schools

  • Spinning Elementary School
  • Kalles Jnr High Middle School
  • Puyallup High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5745000410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,051

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5 %
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1520
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Buyers Agent Commission 2.5%
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: High Efficiency - 90%+, Hardwood, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 1874

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Puyallup
  • High School: Puyallup High
  • Middle Or Junior School: Kalles Jnr High

Lot Info

  • Parcel Number: 5745000410
  • Lot Size Acres: 0.2055
  • Lot Size Sq Ft: 8950
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Pierce County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: High Efficiency - 90%+, Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3620

Multi Family

  • Gross Scheduled Income: 43440
  • Net Operating Income: 35002
  • Number Of Units Total: 3
  • Insurance Expense: 1513
  • Leasable Area: 2420
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5051
  • AdditionalTaxIds: 5745000410

MLS Schools

  • Elementary School: Spinning Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 20, 2021
Sold by
Adams Virginia A
Bought by
Atherton Joshua and Atherton Armoni R
Seller's Agent
Mike Kissner
Dove Realty, Inc.
Buyer's Agent
Joshua Meeks
Timber Real Estate
List Price
$659,950
Sold Price
$705,000
Premium/Discount to List
$45,050
6.83%
Current Estimated Value
$641,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,059
Avg. Annual Appreciation
-1.82%
Original Mortgage
$564,000
Outstanding Balance
$513,564
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$140,675

Purchase Details

Closed on
Jan 11, 2006
Sold by
Kissner Michael C
Bought by
Adams Jeffrey T and Adams Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,889
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2000
Sold by
Repp James P
Bought by
Kissner Michael C and Kissner Kathy J
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
Atherton Joshua $705,000 Ticor Title
Adams Jeffrey T $470,000 Rainier Title
Kissner Michael C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atherton Joshua $564,000
Previous Owner Adams Jeffrey T $182,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $705,000 +6.8% $464 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $659,950 -- $434 / 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 $5,538 $592,200 $229,000 $363,200
2024 $5,538 $563,100 $214,200 $348,900
2023 $5,538 $531,200 $207,600 $323,600
2022 $5,200 $543,800 $227,600 $316,200
2021 $5,051 $403,200 $143,300 $259,900
2019 $4,303 $377,000 $128,500 $248,500
2018 $4,415 $338,000 $113,000 $225,000
2017 $4,153 $308,900 $95,500 $213,400
2016 $3,764 $248,900 $65,600 $183,300
2014 $3,184 $240,900 $61,500 $179,400
2013 $3,184 $208,300 $52,700 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1796373

Northwest Multiple Listing Service (NWMLS)

APN: 574500-0410