NOT LISTED FOR SALE

4419 76th Ave W University Place, WA 98466

Estimated Value: $915,335 - $1,034,000

8 Beds
6 Baths
3,952 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $510,000 $129 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,169/month

Highlights

  • Patio
  • High Speed Internet
  • Wood Siding
  • Evergreen Primary School Rated A
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of September 2017

Time to step up to the multifamily challenge and own this well maintained 4-plex located in University Place. This is a great buy as these type of units rarely come available. Wonderful location within walking distance to UP shopping center. Units are always rented. Each unit has 2 bedrooms and 1.5 baths, with in unit wash and dryers - no outside laundry. Wood burning fireplace and roomy living and eating areas. Units are cozy and welcoming and have long term tenants - very low turnover.

Last Listed By

Dottie Hoagland

eXp Realty License #27307 Listed on: 06/21/2017

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1147494

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1974

Lot Details

  • 9,111 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Patio

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2653000152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1974

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 248

Condo/Co-op/Association

  • Association Fee: 1700
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: University Place
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2653000152
  • Lot Size Acres: 0.2092
  • Lot Size Sq Ft: 9111
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Tax Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 49800
  • Number Of Units Total: 6
  • Electric Expense: 20
  • Insurance Expense: 1000
  • Leasable Area: 3952
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5940

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Sep 14, 2017
Sold by
Aboubakr Karim
Bought by
Zou Yi and Feng Yuning
Seller's Agent
Dottie Hoagland
eXp Realty
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Total Days on Market
0
Current Estimated Value
$974,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,668
Avg. Annual Appreciation
8.51%
Original Mortgage
$382,500
Outstanding Balance
$323,454
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$633,101

Purchase Details

Closed on
Jan 11, 2002
Sold by
Elshowihy Ramadan M
Bought by
Aboubakr Karim D and Aboubakr Constance R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.84%
Mortgage Type
Commercial
Source: Public Records

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    • 6 Baths
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    • 8015 8013 Sunset Terrace W
    • University Place, WA

    This is a great opportunity to purchase a duplex in University Place, just off Sunset Drive. Both units have 3 bedrooms, 1.75 bathrooms, 1,534 sq.ft, and an attached 1-car garage. The lower-level bedroom would also make a great home office or recreational room. You'll love the large backyard and its privacy. Newer laminate flooring in living/dining/kitchen, hallway; neutral wall colors, painted

    Juli Anne Gibson BCR LLC

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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 Buyer Sale Price Title Company
Zou Yi $509,719 Wfg Natl Title
Aboubakr Karim D $207,084 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Yi $382,500
Previous Owner Aboubakr Karim D $214,500
Previous Owner Aboubakr Karim D $221,650
Previous Owner Aboubakr Karim D $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $510,000 -2.9% $129 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $525,000 -- $133 / 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 $10,261 $819,600 $274,000 $545,600
2023 $10,261 $864,500 $278,800 $585,700
2022 $9,527 $897,900 $278,800 $619,100
2021 $8,827 $633,600 $188,600 $445,000
2019 $6,438 $532,400 $161,600 $370,800
2018 $7,043 $490,700 $141,800 $348,900
2017 $6,018 $444,500 $120,800 $323,700
2016 $5,068 $320,900 $87,800 $233,100
2014 $4,721 $283,800 $77,200 $206,600
2013 $4,721 $269,100 $70,200 $198,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1147494

Northwest Multiple Listing Service (NWMLS)

APN: 265300-0152