NOT LISTED FOR SALE

Estimated Value: $761,106 - $921,000

8 Beds
4 Baths
3,728 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $350,000 $94 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,728/month

286 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Property is in very good condition
  • Corner Lot
  • Patio
  • Partially Fenced Property

About This Home

As of March 2016

Great 4 Plex investment opportunity in Orchard Park Estates! Features four rented 2 bed 1 bath units with covered parking and storage. Located at the end of the development in the back corner with privacy territorial forest views. All units are well kept and have washer/ dryers, fireplace, dishwasher. Great rental history.

Last Agent to Sell the Property

Bobby Brown

Keller Williams Realty License #23234 Listed on: 04/30/2015

Keller Williams Realty

Last Buyer's Agent

Julie Pierce

RE/MAX Exclusive License #17008

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 778666

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1981

Lot Details

  • 7,915 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Orchard Park Estates Condos
  • University Place Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 6554000160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,506

Year Built

Built in 1981

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: ORCHARD PARK ESTATES
  • New Construction: No
  • CalculatedSquareFootage: 3728
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 550

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Association Fee: 3900
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6554000160
  • Lot Size Acres: 0.1817
  • Lot Size Sq Ft: 7915
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3350

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 26729
  • Number Of Units Total: 4
  • Insurance Expense: 1265
  • Leasable Area: 3728
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Pack Heekung
Bought by
Kitaoka Sean
Current Estimated Value
$841,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Outstanding Balance
$108,501
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$764,544

Purchase Details

Listed on
Apr 30, 2015
Closed on
Mar 3, 2016
Sold by
Pack Heekyung and Kitaoka Sean
Bought by
Kitaoka Sean
Seller's Agent
Bobby Brown
Keller Williams Realty
Buyer's Agent
Julie Pierce
RE/MAX Exclusive
List Price
$379,950
Sold Price
$350,000
Premium/Discount to List
-$29,950
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$337,750
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2009
Sold by
Gmac Mortgage Llc
Bought by
King Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2009
Sold by
Dubinsky John and Dubinsky Gina
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2007
Sold by
Dubinsky Gina
Bought by
Dubinsky John and Dubinsky Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2006
Sold by
Jaqua Richard and Jaqua Young
Bought by
Dubinsky Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2004
Sold by
Waldroop William K
Bought by
Jaqua Richard and Jaqua Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2001
Sold by
Bracken Stuart J and Bracken Athena M
Bought by
Waldroop William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1998
Sold by
Zetterberg Karl R and Zetterberg Jane E
Bought by
Bracken Stuart J and Milan Bracken Athena M

Purchase Details

Closed on
Nov 18, 1993
Sold by
Zetterberg Carl A and Zetterberg Hazel L
Bought by
Zetterberg Karl R and Zetterberg Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
6.85%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in University Place, WA

  • 8214 42nd Street Ct W, University Place, WA 98466

    $795,000

    • 6 Beds
    • 4 Baths
    • 2,492 Sq Ft
    • 8214 42nd Street Ct W
    • University Place, WA

    Wonderful opportunity to own this fabulous duplex in a great area. Each unit has 3 bedrooms and a nice deck and back yard. Nice high ceilings and a living room fireplace too! Plenty of parking with a 1 car garage and 2 spaces in the driveway. This is on a dead end street too, so more privacy and less traffic. Each is in really good condition and has a heat pump.

    Greg Pubols Century 21 Blue Chip

    Section Image
  • 8015 8013 Sunset Terrace W, University Place, WA 98466

    $850,000

    • 6 Beds
    • 6 Baths
    • 3,068 Sq Ft
    • 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

    Section Image

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

Purchase History

Date Buyer Sale Price Title Company
Kitaoka Sean -- Wfg National Title Company
Kitaoka Sean -- Wfg National Title Company
Kitaoka Sean $349,719 Wfg National Title Company
King Heather L $275,000 Fidelity Natl Title Ins Co
Gmac Mortgage Llc $261,000 Accommodation
Dubinsky John -- Transnation Title
Dubinsky Gina $420,000 Transnation Title
Jaqua Richard $310,000 Fidelity National Title Co
Waldroop William K $238,496 Transnation Title Insurance
Bracken Stuart J $124,113 --
Zetterberg Karl R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitaoka Sean $119,600
Open Kitaoka Sean $474,000
Previous Owner Kitaoka Sean $470,000
Previous Owner Kitaoka Sean $458,500
Previous Owner Kitaoka Sean $338,750
Previous Owner Kitaoka Sean $337,750
Previous Owner King Heather L $270,019
Previous Owner Dubinsky John $368,000
Previous Owner Dubinsky John $46,000
Previous Owner Dubinsky Gina $334,000
Previous Owner Dubinsky Gina $63,000
Previous Owner Jaqua Richard $248,000
Previous Owner Waldroop William K $164,000
Previous Owner Zetterberg Karl R $110,800
Closed Waldroop William K $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $350,000 -7.9% $94 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
04/30/2015 04/30/15 For Sale $379,950 -- $102 / 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 $8,615 $833,500 $211,100 $622,400
2023 $8,615 $774,600 $201,900 $572,700
2022 $7,751 $744,000 $206,200 $537,800
2021 $6,887 $548,400 $113,200 $435,200
2019 $5,251 $461,300 $91,100 $370,200
2018 $5,765 $404,300 $79,600 $324,700
2017 $5,173 $365,200 $62,400 $302,800
2016 $4,235 $282,600 $44,400 $238,200
2014 $4,024 $243,700 $43,000 $200,700
2013 $4,024 $203,800 $40,200 $163,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 778666

Northwest Multiple Listing Service (NWMLS)

APN: 655400-0160