Listed by Keller Williams Realty PS, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

612 11th Ave Milton, WA 98354

Estimated Value: $734,000 - $833,000

6 Beds
5 Baths
2,744 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $356,500 $130 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,940/month

1 Day on Market

Highlights

  • 0.62 Acre Lot
  • Territorial View
  • Property is in very good condition
  • Discovery Primary School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of April 2016

Extremely well maintained Milton duplex with great potential for addition single family residence lot! 3 Bedrooms & 2.5 baths in each identical unit. Both units have 1377 sq ft of living space plus a single car attached garage. Plenty of additional parking, very strong rental history. Meticulous sellers. Lot totals .62 acres surrounded by finished homes. Preliminary City of Milton info is very encouraging regarding short plat, subject to buyers' verification. Great opportunity for savvy buyer!

Last Agent to Sell the Property

Juli Anne Gibson

Keller Williams Realty PS Listed on: 03/02/2016

Keller Williams Realty PS

Last Buyer's Agent

Spencer Gray

John L. Scott, Inc. License #26505

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 898233

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 2003

Lot Details

  • 0.62 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Short Plat Condos
  • Milton Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5985000231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,468

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2003
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Short Plat
  • New Construction: No
  • CalculatedSquareFootage: 2744
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Paid on Net Purchase Price to Sellers
  • Special Features: None
  • Cumulative Days on Market: 340

Interior Features

  • Possible Use: Multi-Family, Residential
  • 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: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City of Milton
  • SewerCompany: Pierce County
  • WaterCompany: City of Milton
  • WaterSewerGarbage: 1002

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Fife
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5985000231
  • Lot Size Acres: 0.6234
  • Lot Size: Irregular
  • Lot Size Sq Ft: 27155
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: MLS Realist
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2410

Multi Family

  • Gross Scheduled Income: 28920
  • Net Operating Income: 21581
  • Number Of Units Total: 2
  • Insurance Expense: 1529
  • Leasable Area: 2744
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3468

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Riley Norman A and Riley Patti J
Bought by
Riley Patti J
Current Estimated Value
$796,805

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 12, 2016
Sold by
Brien Terence O and Brien Ronda Ruderman O
Bought by
Riley Norman A and Riley Patti J
Seller's Agent
Juli Anne Gibson
Keller Williams Realty PS
Buyer's Agent
Spencer Gray
John L. Scott, Inc.
List Price
$363,000
Sold Price
$356,500
Premium/Discount to List
-$6,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$280,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Cox James W and Fuller Cox Linda K
Bought by
Balado Jose and Balado Tracie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
8.25%
Mortgage Type
Stand Alone First
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
Riley Patti J -- None Available
Riley Norman A $356,219 Cw Title
Balado Jose $294,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Patti J $276,000
Closed Riley Norman A $280,000
Previous Owner Balado Jose $264,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $356,500 -1.8% $130 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $363,000 -- $132 / 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 $6,929 $807,800 $341,300 $466,500
2024 $6,929 $728,700 $286,500 $442,200
2023 $6,929 $693,000 $277,500 $415,500
2022 $7,160 $724,600 $295,600 $429,000
2021 $6,923 $524,200 $212,200 $312,000
2019 $5,259 $470,600 $177,600 $293,000
2018 $4,799 $412,900 $159,200 $253,700
2017 $4,109 $377,000 $132,400 $244,600
2016 $3,468 $290,200 $100,500 $189,700
2014 $3,087 $270,600 $90,500 $180,100
2013 $3,087 $242,500 $77,900 $164,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 898233

Northwest Multiple Listing Service (NWMLS)

APN: 598500-0231