Listed by Skyline Properties, Inc., Bought with Keller Williams Downtown Sea
NOT LISTED FOR SALE

4504 111th St SW Unit 1-6 Lakewood, WA 98499

Pacific-Lakeview Neighborhood
-- Bed
-- Bath
5,856 Sq Ft
0.37 Acres

Last Sold October 16, 2015

Last sale price $515,000 $88 Per Sq Ft

42 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of October 2015

6 Rental Units, 7.38% Cap Rate, Townhouse style with decks&patios in a quiet residential area,near the hospital,100% occupied,laundry facilities,Includes a Two Bedroom House w/fenced yard on same parcel,Close to I-5,Professionally managed,updated,large lot,fenced,1hr to Seattle,income producer! 1/2 block to Lakewood Station commuter train.NO B&O (Business & Occupation)Tax in Lakewood!House on property sits on large multifamily lot build up to 18 units or add more town homes.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/04/2015

Skyline Properties, Inc.

Co-Listed By

Wendy Pedersen

Every Door Real Estate License #112128

Last Buyer's Agent

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 827235

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,495

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,856 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Lake View Pierce Co Condos
  • Lakewood Subdivision

Listing and Financial Details

  • Tax Lot 10-14
  • Assessor Parcel Number 5080001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,495

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1972
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake View Pierce Co
  • New Construction: No
  • CalculatedSquareFootage: 5856
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

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
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: pierce
  • SewerCompany: city
  • WaterCompany: city
  • WaterSewerGarbage: 6828

Schools

  • Junior High Dist: Lakewood
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5080001000
  • Lot Size Acres: 0.3673
  • Lot Size Sq Ft: 16000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family
  • LotNumber: 10-14

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 4760

Multi Family

  • Gross Scheduled Income: 57120
  • Net Operating Income: 38769
  • Number Of Units Total: 6
  • Insurance Expense: 2172
  • Leasable Area: 5856
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6495

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $515,000 -2.0% $88 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $525,500 -- $90 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Donna Marshall

    Seller's Agent in 2015

    Donna Marshall

    Skyline Properties, Inc

    (425) 422-0954

    36 Total Sales

    Donna Marshall
    Section Image
  • Wendy Pedersen

    Seller Co-Listing Agent in 2015

    Wendy Pedersen

    Every Door Real Estate

    (425) 232-4266

    29 Total Sales

    Wendy Pedersen
    Section Image
  • Nicholas Vilvandre'

    Buyer's Agent in 2015

    Nicholas Vilvandre'

    Keller Williams Downtown Seattle

    (206) 612-7883

    66 Total Sales

    Nicholas Vilvandre'
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 827235

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Lakewood 98499 Pacific-Lakeview

4504 111th St SW Unit 1-6, Lakewood, WA

This home is located at 4504 111th St SW Unit 1-6, Lakewood, WA 98499 since 04 August 2015. This property was built in 1972. 4504 111th St SW Unit 1-6 is a home located in Pierce County with nearby schools including Lakeview Hope Academy, Lochburn Middle School, and Clover Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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