Listed by COMPASS, Bought with Realty One Group Pacifica
NOT LISTED FOR SALE

503 503 1/2 Roe St Steilacoom, WA 93388

Estimated Value: $490,358 - $627,000

4 Beds
2 Baths
1,392 Sq Ft
$403/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $402,000 $289 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,263/month

6 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wood Siding
  • Steilacoom High School Rated A-
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of May 2021

Solid Duplex in a great location, each side has 2 bedrooms and one bathroom, and 696 Sq Ft of living space, each side also has its own laundry room at the rear of the property, RH Side was renovated recently, tenants are month to month, location close to shopping, schools, public transportation, and even JBLM.

Last Agent to Sell the Property

Jim Swanson

COMPASS License #21028671 Listed on: 04/18/2021

COMPASS

Last Buyer's Agent

Jessica Kretz

Realty One Group Pacifica License #131167

Realty One Group Pacifica

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1755236

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022032-3-114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,880

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1964
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1392
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Steilacoom
  • SewerCompany: Steilacoom
  • WaterCompany: Steilacoom
  • WaterSewerGarbage: 2149

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Steilacoom Historica

Lot Info

  • Parcel Number: 022032-3-114
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2355

Multi Family

  • Gross Scheduled Income: 28260
  • Net Operating Income: 22407
  • Number Of Units Total: 2
  • Electric Expense: 384
  • Insurance Expense: 800
  • Leasable Area: 1382
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 27, 2021
Sold by
Phoenix Vintage Llc
Bought by
Galland Meshara
Seller's Agent
Jim Swanson
COMPASS
Buyer's Agent
Jessica Kretz
Realty One Group Pacifica
List Price
$395,000
Sold Price
$402,000
Premium/Discount to List
$7,000
1.77%
Current Estimated Value
$560,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,590
Avg. Annual Appreciation
5.71%
Original Mortgage
$394,718
Outstanding Balance
$359,456
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$152,190

Purchase Details

Listed on
Mar 13, 2020
Closed on
Mar 31, 2020
Sold by
Select Investments Llc
Bought by
Phoenix Llc
Seller's Agent
Jim Swanson
COMPASS
Buyer's Agent
Jim Swanson
COMPASS
List Price
$296,500
Sold Price
$296,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.60%

Purchase Details

Listed on
Mar 13, 2020
Closed on
Mar 27, 2020
Sold by
Select Investments Llc
Bought by
Phoenix Llc
Seller's Agent
Jim Swanson
COMPASS
Buyer's Agent
Jim Swanson
COMPASS
List Price
$296,500
Sold Price
$296,500

Purchase Details

Closed on
Jan 18, 2013
Sold by
Warr Bradley J and Warr Jonathan B
Bought by
Select Investments Llc

Purchase Details

Closed on
May 4, 2011
Sold by
Select Investments Llc
Bought by
Warr Bradley J and Warr Jonathan B

Purchase Details

Closed on
Jan 5, 2007
Sold by
Warr Bradley J and Warr Jonathan B
Bought by
Select Investments Llc

Purchase Details

Closed on
Nov 3, 2006
Sold by
Mullins Merrilly Ann and Mullins Rodney
Bought by
Meyers Luke J and Zaroor Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Warr Bradley J and Warr Alicia C
Bought by
Warr Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Meyers Luke J and Meyers Rebecca
Bought by
Meyers Luke J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Palmer James Ray
Bought by
Mullins Rodney and Mullins Merrilly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Palmer Perry F
Bought by
Palmer James Ray
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
Galland Meshara $402,000 Wfg Natl Ttl Co Of Wa Llc
Phoenix Llc $296,500 Wfg National Title Insurance
Phoenix Llc $296,500 Wfg National Title Insurance
Select Investments Llc -- None Available
Warr Bradley J -- None Available
Select Investments Llc -- None Available
Meyers Luke J $259,250 First American Title Ins Co
Warr Bradley J -- First American Title Ins Co
Meyers Luke J -- First American Title Ins Co
Mullins Rodney $186,000 Multiple
Palmer James Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galland Meshara $394,718
Previous Owner Meyers Luke J $207,400
Previous Owner Warr Bradley J $38,800
Previous Owner Meyers Luke J $38,800
Previous Owner Mullins Rodney $167,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $402,000 +1.8% $289 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $395,000 +33.2% $284 / Sq Ft
03/13/2020 03/13/20 Sold $296,500 0.0% $213 / Sq Ft
03/13/2020 03/13/20 For Sale $296,500 -- $213 / 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 $3,489 $463,200 $244,300 $218,900
2024 $3,489 $427,800 $231,700 $196,100
2023 $3,489 $404,500 $229,300 $175,200
2022 $3,533 $400,800 $229,300 $171,500
2021 $3,148 $291,600 $164,500 $127,100
2019 $2,529 $255,500 $145,600 $109,900
2018 $2,154 $227,800 $116,000 $111,800
2017 $2,154 $195,400 $88,600 $106,800
2016 $1,989 $159,100 $71,000 $88,100
2014 $1,915 $154,600 $71,000 $83,600
2013 $1,915 $147,000 $69,700 $77,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1755236

Northwest Multiple Listing Service (NWMLS)

APN: 022032-3114