Listed by Coldwell Banker Danforth, Bought with Keller Williams Eastside
NOT LISTED FOR SALE
-- Bed
-- Bath
3,600 Sq Ft
0.31 Acres

Last Sold September 21, 2018

Last sale price $550,000 $153 Per Sq Ft

5 Days on Market

About This Home

As of September 2018

Great Investment opportunity 5-PLEX in Lakewood. Ideal location - walk to Transit center or hospital. Easy access to freeways, shopping, services, JBLM. Solid income with long term tenants. All units currently month to month, so new owner can quickly bring rents up to market rates. Newer roof. Unit 4 already updated. 2 paved parking spaces per unit + room for more. Fenced area out back for tenants use. Please do not disturb tenants.

Last Agent to Sell the Property

Kim Harlington

Coldwell Banker Danforth License #50133 Listed on: 07/21/2018

Coldwell Banker Danforth

Co-Listed By

Sean Harlington

Coldwell Banker Danforth License #120954

Last Buyer's Agent

Oliver Quedado

Keller Williams Eastside License #26913

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1332487

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021912-2-077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,481

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterSewerGarbage: 7680

Schools

  • Junior High Dist: Clover Park
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 021912-2-077
  • Lot Size Acres: 0.3097
  • Lot Size Sq Ft: 13490
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 5
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 29224
  • Number Of Units Total: 5
  • Insurance Expense: 1815
  • Leasable Area: 3600
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4481

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/21/2018 09/21/18 Sold $550,000 -4.3% $153 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $575,000 -- $160 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1332487

Northwest Multiple Listing Service (NWMLS)