Listed by Olympic Sotheby's Int'l Realty, Bought with RE/MAX Exclusive
NOT LISTED FOR SALE

5214 108th Street Ct SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $514,000 - $567,000

5 Beds
3 Baths
1,760 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $415,000 $236 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,349/month

133 Days on Market

Highlights

  • Lake Front
  • Gated Home
  • 1-Story Property
  • Patio
  • Wall to Wall Carpet

About This Home

As of February 2021

Great opportunity for peaceful setting on hidden lake. Whether you are looking for an income generator or a home with additional dwelling unit, this property will suit either needs! Building is in great condition with new exterior paint and lots of life left on the roof. Washer/dryer connections in both units and ample parking.

Last Agent to Sell the Property

Justin Hjelm

Olympic Sotheby's Int'l Realty License #102063 Listed on: 08/25/2020

Olympic Sotheby's Int'l Realty

Co-Listed By

Matthew Guile

Olympic Sotheby's Int'l Realty License #25015604

Last Buyer's Agent

Kay Wohlers

RE/MAX Exclusive License #122858

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1652943

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Gated Home
  • Partially Fenced Property

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Lake Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Clover Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2335200090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Security: SecurityGate, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • WaterCompany: Lakewood
  • WaterSewerGarbage: 1980

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 180

Schools

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

Lot Info

  • Parcel Number: 2335200090
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gated Entry,Patio
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 2650

Multi Family

  • Gross Scheduled Income: 31800
  • Net Operating Income: 25068
  • Number Of Units Total: 2
  • Insurance Expense: 925
  • Leasable Area: 1760
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3647

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Feb 2, 2021
Sold by
Fowler Solomon and Fowler Ivory
Bought by
Wohlers Zen and Hillis Meghan
Seller's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
Kay Wohlers
RE/MAX Exclusive
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$545,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,806
Avg. Annual Appreciation
7.28%
Original Mortgage
$401,149
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 13, 2017
Sold by
Johnson Charlotte Anne
Bought by
Fowler Solomon and Fowler Ivory
Seller's Agent
Gregory Lussier
Better Properties Real Estate
Buyer's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.07%
Original Mortgage
$22,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2011
Sold by
Johnson Charlotte Anne
Bought by
Johnson Charlotte Anne and Charlotte Anne Johnson Revocable Living
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wohlers Zen $415,000 Cw Title
Fowler Solomon $219,719 Fidelity National Title
Johnson Charlotte Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wohlers Zen $120,750
Open Wohlers Zen $603,750
Closed Wohlers Zen $139,400
Closed Wohlers Zen $401,149
Previous Owner Fowler Solomon $70,000
Previous Owner Fowler Solomon $22,000
Previous Owner Fowler Solomon $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $415,000 0.0% $236 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $415,000 -2.3% $236 / Sq Ft
11/12/2020 11/12/20 Price Changed $424,900 0.0% $241 / Sq Ft
11/12/2020 11/12/20 For Sale $424,900 +2.4% $241 / Sq Ft
10/31/2020 10/31/20 Off Market $415,000 -- --
08/25/2020 08/25/20 For Sale $445,000 +102.3% $253 / Sq Ft
04/18/2017 04/18/17 Sold $220,000 -7.9% $125 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $239,000 0.0% $136 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $239,000 -- $136 / 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 $4,775 $503,800 $227,500 $276,300
2024 $4,775 $484,300 $215,900 $268,400
2023 $4,775 $437,900 $211,200 $226,700
2022 $4,061 $431,500 $211,200 $220,300
2021 $3,796 $287,000 $128,200 $158,800
2019 $3,121 $266,000 $112,200 $153,800
2018 $3,415 $256,400 $97,300 $159,100
2017 $2,862 $229,000 $78,700 $150,300
2016 $2,527 $166,900 $49,400 $117,500
2014 $2,198 $156,400 $47,900 $108,500
2013 $2,198 $151,300 $47,900 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1652943

Northwest Multiple Listing Service (NWMLS)

APN: 233520-0090