A
Seller's Agent in 2024
Andrew Kramer
Redfin
Listed by Redfin, Bought with Keller Williams Realty Bothell
508 4th Ave SE Pacific, WA 98047
Estimated Value: $966,000 - $1,069,000
Studio
--
Bath
3,536
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- 0.41 Acre Lot
- No HOA
- Property is near a preserve or public land
- Deck
- Cul-De-Sac
- Vinyl Plank Flooring
About This Home
As of January 2024Such a serene location on a dead end street with minimal neighboring properties is rare to come by! This low maintenance INCOME PRODUCING PROPERTY is a home run! The ease of vinyl siding, 5 year old roof & almost all windows updated to white vinyl are just a few features. Inside you'll find updated interior paint, white mill work, refreshed kitchen cabinets & LVP flooring throughout the living areas. With conforming multi family properties around, values hold consistently well! With all units currently leased, the property produces a 6.6% CAP RATE that is NOT-Pro Forma! Tenants enjoy plenty of parking with 8 total parking spots available & 4 which are covered car ports. Only 5 minutes from 167 for easy commuting! Don't let this one slip by!
Last Agent to Sell the Property
Andrew Kramer
Redfin License #123030 Listed on: 10/18/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2172834
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,952
Year Built
- Built in 1989
Lot Details
- 0.41 Acre Lot
- Cul-De-Sac
- Partially Fenced Property
- Property is in very good condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
- Vinyl Construction Material
Interior Spaces
- 3,536 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl Plank
- Vinyl
Parking
- 8 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Utilities
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Pacific Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 3621049084
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Jan 3, 2024
Sold by
Syed Ruheena
Bought by
Shaik Mehaboob
Seller's Agent
Andrew Kramer
Redfin
Buyer's Agent
Erica Alexei
Keller Williams Realty Bothell
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,090
Avg. Annual Appreciation
2.18%
Original Mortgage
$727,500
Outstanding Balance
$715,565
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$298,595
Purchase Details
Listed on
Oct 18, 2023
Closed on
Dec 27, 2023
Sold by
508 4Th Ave Se Llc
Bought by
Shaik Mehaboob
Seller's Agent
Andrew Kramer
Redfin
Buyer's Agent
Erica Alexei
Keller Williams Realty Bothell
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Outstanding Balance
$715,565
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$298,595
Purchase Details
Closed on
Nov 9, 2022
Sold by
Giampapa Paul T and Giampapa Colleen
Bought by
508 4Th Ave Se Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2005
Sold by
Giampapa Paul and Giampapa Colleen
Bought by
508 4Th Ave Llc
Purchase Details
Closed on
Jul 27, 2005
Sold by
Jarvis James E and Jarvis Sherry A
Bought by
Giampapa Paul T and Giampapa Colleen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
1.37%
Purchase Details
Closed on
Jun 26, 1995
Sold by
Baker Mannace E and Baker Shari M
Bought by
Jarvis James E and Jarvis Sherry A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,512
Interest Rate
7.9%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaik Mehaboob | $313 | Equity Title Of Washington | |
| Shaik Mehaboob | $970,000 | Equity Title Of Washington | |
| 508 4Th Ave Se Llc | -- | -- | |
| Viampapa Paul T | -- | -- | |
| 508 4Th Ave Llc | -- | -- | |
| Giampapa Paul T | $405,000 | Old Republic T | |
| Jarvis James E | $182,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaik Mehaboob | $727,500 | |
| Previous Owner | Viampapa Paul T | $712,500 | |
| Previous Owner | Giampapa Paul T | $324,000 | |
| Previous Owner | Jarvis James E | $175,512 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2024 01/03/24 | Sold | $970,000 | -2.9% | $274 / Sq Ft |
| 11/26/2023 11/26/23 | Pending | -- | -- | -- |
| 11/18/2023 11/18/23 | For Sale | $999,000 | 0.0% | $283 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | For Sale | $999,000 | -- | $283 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $9,134 | $808,000 | $179,000 | $629,000 |
| 2023 | $7,952 | $719,000 | $179,000 | $540,000 |
| 2022 | $8,616 | $729,000 | $179,000 | $550,000 |
| 2021 | $8,425 | $687,000 | $143,200 | $543,800 |
| 2020 | $7,222 | $633,000 | $120,000 | $513,000 |
| 2018 | $6,252 | $448,000 | $100,000 | $348,000 |
| 2017 | $5,912 | $418,000 | $100,000 | $318,000 |
| 2016 | $4,927 | $397,000 | $100,000 | $297,000 |
| 2015 | $4,942 | $345,000 | $100,000 | $245,000 |
| 2014 | -- | $335,000 | $100,000 | $235,000 |
| 2013 | -- | $352,000 | $100,000 | $252,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Kramer
-
Erica Alexei
Buyer's Agent in 2024
Erica Alexei
Keller Williams Realty Bothell
(425) 395-9292
1 in this area
68 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2172834
APN: 362104-9084
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.
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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Nearby Homes
- 519 Valentine Ave
- 111 4th Ave SW
- 322 Chicago Blvd S Unit 8
- 444 50th St SE
- 210 Chicago Blvd S
- 122 3rd Ave NW
- 438 Washington Blvd Unit 3
- 3710 A St SE Unit 19
- 210 37th Ave SE Unit 2
- 210 37th St SE Unit 67
- 210 37th St SE Unit 6
- 210 37th St SE Unit 35
- 210 37th St SE Unit 130
- 210 37th St SE Unit 25
- 210 37th St SE Unit 8
- 0 W Valley Hwy E Unit NWM2454357
- 5909 Panorama Dr SE Unit 14103
- 5228 Highland Dr SE
- 4619 Kennedy Ave SE
- 1112 57th Place SE
- 506 4th Ave SE Unit C
- 506 4th Ave SE
- 432 4th Ave SE
- 504 4th Ave SE
- 502 4th Ave SE
- 422 4th Ave SE
- 426 4th Ave SE
- 349 White River Dr
- 418 4th Ave SE
- 430 4th Ave SE
- 424 4th Ave SE
- 507 4th Ave SE
- 392 4th Ave SE
- 429 4th Ave SE
- 410 4th Ave SE
- 410 4th Ave SE
- 410 4th St SE
- 390 4th Ave SE
- 335 Pacific Ave S
- 505 4th Ave SE