NOT LISTED FOR SALE

Estimated Value: $595,404 - $675,000

4 Beds
2 Baths
1,674 Sq Ft
$381/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $419,000 $250 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,000/month

31 Days on Market

Highlights

  • Patio
  • Wall to Wall Carpet
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of May 2019

Great Investment opportunity on 1/2 acre! This nicely maintained rambler is a duplex with 2 bdrm/1 bath on each side. Easy access to 512 and I-5. Fenced backyards. New epoxy garage floors. Roof was replaced in 2008. Each Unit is 837 sq ft plus 210 sq ft per garage. Zoned for multiplex so possibility for additional income-Build up or add an ADU-confirm with County. Please do not disturb tenants.

Last Agent to Sell the Property

Beth McClure

Better Properties Real Estate License #113583 Listed on: 03/27/2019

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1429833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,436

Year Built

  • Built in 1972

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 125 x 384.38
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Central Avenue Elementary School
  • Morris Ford Mid Middle School
  • Franklin-Pierce High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 798000-043-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,436

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1674
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 447

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: PartiallyFenced
  • Utilities: Natural Gas Available, Septic System, Electric
  • WaterCompany: Summit Water
  • WaterSewerGarbage: 1053

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Franklin-Pierce High
  • Middle Or Junior School: Morris Ford Mid

Lot Info

  • Parcel Number: 798000-043-4
  • Lot Size Acres: 0.551
  • Lot Size: 125 x 384.38
  • Lot Size Sq Ft: 24000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: Pierce County Assesssor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 28633
  • Number Of Units Total: 2
  • Insurance Expense: 478
  • Leasable Area: 2194
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3436

MLS Schools

  • Elementary School: Central Avenue Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Stitt Paul A
Bought by
Stitt Paul A and Miller Tina Marie
Current Estimated Value
$637,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,784
Outstanding Balance
$387,776
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$249,825

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 29, 2019
Sold by
Kaeconn Llc
Bought by
Stitt Paul A
Seller's Agent
Beth McClure
Better Properties Real Estate
List Price
$439,000
Sold Price
$419,000
Premium/Discount to List
-$20,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$428,008
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 2016
Sold by
Patterson Walter J
Bought by
Kaeconn Llc

Purchase Details

Closed on
Feb 1, 2010
Sold by
Patterson Walter J
Bought by
Patterson Walter J and The Walter D Patterson Exemption Equival
Source: Public Records

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Range of Values:

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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
Stitt Paul A -- Wfg Natl Ttl Co Of Wa Llc
Stitt Paul A $419,000 Wfg Natl Ttl Co Of Wa Llc
Stitt Paul A -- Wfg National Title
Kaeconn Llc -- None Available
Kaeconn Llc $314,467 None Available
Patterson Walter J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stitt Paul A $431,784
Closed Stitt Paul A $428,008
Previous Owner Kaeconn Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $419,000 -2.3% $250 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $429,000 -2.3% $256 / Sq Ft
03/27/2019 03/27/19 For Sale $439,000 -- $262 / 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 $5,538 $526,900 $220,900 $306,000
2023 $5,538 $478,700 $220,900 $257,800
2022 $4,949 $511,200 $254,200 $257,000
2021 $4,579 $344,100 $175,300 $168,800
2019 $3,437 $305,700 $150,800 $154,900
2018 $3,748 $265,200 $122,400 $142,800
2017 $3,508 $219,400 $96,600 $122,800
2016 $3,026 $184,200 $77,300 $106,900
2014 $2,934 $158,500 $62,800 $95,700
2013 $2,934 $149,200 $58,000 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1429833

Northwest Multiple Listing Service (NWMLS)

APN: 798000-0434