NOT LISTED FOR SALE

Estimated Value: $483,000 - $607,000

3 Beds
3 Baths
2,316 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $249,900 $108 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,321/month

2 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Patio
  • Wood Siding

About This Home

As of December 2016

Well maintained Craftsman style duplex. Covered front porch, signature Craftsman knee braces. Other period touches include high ceilings, picture rail, pocket doors, original trim, large dining room with window seat. Recent improvements include fresh paint inside & out, new carpet downstairs, newer thermal windows upstairs Good rental history. Currently vacant to sell. Cap rate reflects last rental rates for each unit. Ready to rent day 1.

Last Agent to Sell the Property

Matt Hume

Windermere Prof Partners License #26139 Listed on: 11/02/2016

Windermere Prof Partners

Co-Listed By

Tom Hume

Windermere Prof Partners License #49017

Last Buyer's Agent

Laura Musgrave

Windermere Prof Partners License #21567

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1048750

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1913

Lot Details

  • 4,810 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Lyon Elementary School
  • Stewart Middle School
  • Lincoln High School

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2084070040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,489

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1913
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2316
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 273

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • Flooring: See Remarks, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU/PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1440

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln
  • Middle Or Junior School: Stewart

Lot Info

  • Parcel Number: 2084070040
  • Lot Size Acres: 0.1104
  • Lot Size Sq Ft: 4810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Metroscan-buyer to verify
  • ZoningClass: Residential,See Remarks

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1775

Multi Family

  • Gross Scheduled Income: 21300
  • Net Operating Income: 15706
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 2316
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2489

MLS Schools

  • Elementary School: Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 15, 2016
Sold by
Atkinson Dixie Lee and Atkinson Donald M
Bought by
Cox Janee and Cole Kelsey
Seller's Agent
Matt Hume
Windermere Prof Partners
Buyer's Agent
Laura Musgrave
Windermere Prof Partners
List Price
$249,900
Sold Price
$249,900
Total Days on Market
2
Current Estimated Value
$545,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,583
Avg. Annual Appreciation
9.65%
Original Mortgage
$245,373
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2011
Sold by
Atkinson Dixie Lee and Atkinson Donald M
Bought by
Atkinson Dixie L and Atkinson Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,012
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Lee Eva Marie
Bought by
Atkinson Dixie Lee and Atkinson Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1995
Sold by
Lee Eva Marie
Bought by
Arenas William
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
Cox Janee $249,619 Wfg Natl Title Co Of Wa Llc
Atkinson Dixie L -- Stewart Title
Atkinson Dixie Lee $154,000 Chicago Title Insurance Co
Arenas William $28,870 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Janee $239,500
Closed Cox Janee $245,373
Previous Owner Atkinson Dixie L $235,012
Previous Owner Atkinson Dixie Lee $236,800
Previous Owner Atkinson Dixie Lee $146,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $249,900 0.0% $108 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $249,900 -- $108 / 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 $5,107 $485,000 $169,100 $315,900
2023 $5,107 $458,700 $160,800 $297,900
2022 $4,618 $469,400 $165,800 $303,600
2021 $4,157 $330,700 $98,600 $232,100
2019 $3,554 $302,100 $82,500 $219,600
2018 $3,007 $273,400 $66,300 $207,100
2017 $2,765 $235,200 $54,700 $180,500
2016 $2,365 $147,400 $40,500 $106,900
2014 $2,080 $135,900 $39,900 $96,000
2013 $2,080 $123,800 $35,000 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1048750

Northwest Multiple Listing Service (NWMLS)

APN: 208407-0040