NOT LISTED FOR SALE

5501 248th Street Ct E Graham, WA 98338

Estimated Value: $654,239 - $695,000

4 Beds
3 Baths
2,264 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $575,000 $254 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,241/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • High Speed Internet
  • 2.52 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of January 2022

New listing just in time for the Holidays! Don't miss this Awesome Side by Side 2 story Duplex. Each side with 3 bedrooms, 1.5 baths, 1 car garages and located on over 2.5 acres. One unit has been recently updated and other unit has had the same long term tenants in it for over 10+ years. Tenants are both on month to month and both would like to stay. Live in one side and rent out the other or keep the tenants. DRIVE BY ONLY PLEASE do not disturb tenants. Great location close to schools, shopping and military base. Invest in your own piece of paradise with this hard to find fantastic 2 story side by side Duplex on over 2.5 acres!!

Last Agent to Sell the Property

Stephanie Marsh

RE/MAX All City License #3000 Listed on: 11/20/2021

RE/MAX All City

Last Buyer's Agent

Stephanie Marsh

RE/MAX All City License #3000 Listed on: 11/20/2021

RE/MAX All City

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1866170

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 1995

Lot Details

  • 2.52 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Centennial Elementary School
  • Cougar Mountain Jh Middle School
  • Bethel High School

Utilities

  • Propane
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Longhorn Estates Condos
  • Graham Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5354500010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,578

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Longhorn Estates
  • New Construction: No
  • CalculatedSquareFootage: 2264
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 344

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Propane_, Septic System, Electric
  • PowerCompany: Tacoma Power
  • SewerCompany: Septic
  • WaterCompany: Rainier View
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bethel
  • High School: Bethel High
  • Middle Or Junior School: Cougar Mountain JH

Lot Info

  • Parcel Number: 5354500010
  • Lot Size Acres: 2.52
  • Lot Size Sq Ft: 109771
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Propane,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 27772
  • Number Of Units Total: 2
  • Insurance Expense: 850
  • Leasable Area: 2264
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5578

MLS Schools

  • Elementary School: Centennial Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Dec 20, 2021
Sold by
Suzuki Prescott K
Bought by
Aguiluz Erik M and Torosian Marisa Nicole
Seller's Agent
Stephanie Marsh
RE/MAX All City
Buyer's Agent
Stephanie Marsh
RE/MAX All City
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Current Estimated Value
$683,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,984
Avg. Annual Appreciation
5.13%
Original Mortgage
$0
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 8, 2021
Sold by
Gramspan Llc
Bought by
Suzuki Prescott
Seller's Agent
Shonda Carrier
Carrier Capital Real Estate
Buyer's Agent
Stephanie Marsh
RE/MAX All City
List Price
$489,950
Sold Price
$485,000
Premium/Discount to List
-$4,950
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.39%
Original Mortgage
$476,215
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2012
Sold by
Ardmore Richard E and Ardmore Nancy L
Bought by
Gramspan Llc

Purchase Details

Closed on
Nov 29, 1995
Sold by
Mcdonald Heather K and Mcdonald Ryan D
Bought by
Ardmore Richard E and Ardmore Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.42%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Mcdonald Vernon D
Bought by
Mcdonald Heather K and Mcdonald Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
8.9%

Purchase Details

Closed on
Nov 23, 1994
Sold by
Mcdonald Linda
Bought by
Mcdonald Vernon D and Mcdonald Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
8.9%
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
Aguiluz Erik M $575,000 Ticor Title
Suzuki Prescott $485,000 First American Title
Gramspan Llc -- None Available
Ardmore Richard E $41,000 First American Title Ins Co
Mcdonald Heather K $7,000 --
Mcdonald Vernon D $25,000 --
Mcdonald Linda -- Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aguiluz Erik M $0
Previous Owner Suzuki Prescott $476,215
Previous Owner Ardmore Richard E $114,000
Previous Owner Mcdonald Vernon D $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $575,000 +4.5% $254 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $550,000 +13.4% $243 / Sq Ft
03/16/2021 03/16/21 Sold $485,000 -1.0% $214 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $489,950 -- $216 / 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 $5,952 $559,400 $275,200 $284,200
2024 $5,952 $551,100 $264,400 $286,700
2023 $5,952 $514,700 $257,900 $256,800
2022 $6,070 $543,200 $275,200 $268,000
2021 $5,578 $403,400 $185,600 $217,800
2019 $3,864 $349,400 $157,500 $191,900
2018 $4,186 $310,200 $129,300 $180,900
2017 $3,704 $268,500 $101,200 $167,300
2016 $3,582 $219,700 $93,900 $125,800
2014 $3,201 $208,800 $86,200 $122,600
2013 $3,201 $200,000 $78,500 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1866170

Northwest Multiple Listing Service (NWMLS)

APN: 535450-0010