NOT LISTED FOR SALE

418 5th St NW Unit 420 Puyallup, WA 98371

Estimated Value: $739,000 - $994,000

8 Beds
6 Baths
4,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $422,500 $96 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,542/month

1 Day on Market

Highlights

  • Deck
  • Corner Lot
  • Wall to Wall Carpet
  • Puyallup High School Rated A-

About This Home

As of January 2016

Investor Alert! Two Duplexes (4 total units) for sale downtown puyallup. Great location next to schools, commuter train, restaurants, and shopping. Each unit has been rented by the same tenants for 10+ years. Building is in good condition and has been well maintained for many years. Property sits on a big corner lot that offers a front and backyard for tenants. Off street parking, updated units, high rent potential, and spacious units make this complex a great investment. Priced to sell quick!

Last Agent to Sell the Property

Taylor Rozumny

Realty One Group Turn Key License #119700 Listed on: 11/19/2015

Realty One Group Turn Key

Last Buyer's Agent

Taylor Rozumny

Realty One Group Turn Key License #119700 Listed on: 11/19/2015

Realty One Group Turn Key

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 871579

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 1971

Lot Details

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

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Puyallup High School

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5870200180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,384

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4400
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: Puyallup
  • High School: Puyallup High

Lot Info

  • Parcel Number: 5870200180
  • Lot Size Acres: 0.3306
  • Lot Size: 120 by 120
  • Lot Size Sq Ft: 14400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 31676
  • Number Of Units Total: 4
  • Insurance Expense: 1400
  • Leasable Area: 4400
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jan 4, 2016
Sold by
Connors Barbara A
Bought by
Winder Brady M and Winder Adrian U
Seller's Agent
Taylor Rozumny
Realty One Group Turn Key
Buyer's Agent
Taylor Rozumny
Realty One Group Turn Key
List Price
$425,000
Sold Price
$422,500
Premium/Discount to List
-$2,500
-0.59%
Current Estimated Value
$873,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,469
Avg. Annual Appreciation
7.27%
Original Mortgage
$316,875
Outstanding Balance
$253,033
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$580,262
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
Winder Brady M $422,219 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winder Brady M $316,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $422,500 -0.6% $96 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $425,000 -- $97 / 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 $9,806 $994,300 $266,900 $727,400
2024 $9,806 $1,029,100 $244,000 $785,100
2023 $9,806 $955,800 $225,700 $730,100
2022 $8,498 $844,600 $245,500 $599,100
2021 $7,752 $617,300 $163,200 $454,100
2019 $6,469 $574,400 $147,900 $426,500
2018 $6,683 $505,600 $140,000 $365,600
2017 $5,866 $465,800 $116,100 $349,700
2016 $5,384 $372,600 $86,700 $285,900
2014 $4,937 $341,300 $76,500 $264,800
2013 $4,937 $319,500 $64,900 $254,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 871579

Northwest Multiple Listing Service (NWMLS)

APN: 587020-0180