Listed by Keller Williams Rty Tacoma, Bought with Better Properties N. Proctor
NOT LISTED FOR SALE

623 Shannon St Steilacoom, WA 98388

Estimated Value: $739,000 - $977,000

6 Beds
5 Baths
3,174 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $459,000 $145 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,248/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Speed Internet
  • Steilacoom High School Rated A-
  • Thermal Windows
  • 4-minute walk to Harlock Place Park

About This Home

As of July 2017

Seize the opportunity to invest in Steilacoom, recently rated top 11 safest cities in the state to live. This duplex can be purchased separately or together with adjoining duplex. MLS# 1132889 Rarely do these large homes become available, good opportunity to owner occupy.Master with en-suite on main. Pride in ownership shines, meticulously maintained with newer 40 year roof, furnace, fully fenced rear yard, rebuilt deck an re-stained and rebuilt chimney chase. Upside with rent increase.

Last Agent to Sell the Property

Brian Thayer

Keller Williams Rty Tacoma License #72669 Listed on: 05/26/2017

Keller Williams Rty Tacoma

Last Buyer's Agent

Jim Marso

Better Properties N. Proctor License #6021

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1132818

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,057

Year Built

  • Built in 1991

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,174 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Saltars Point Elementary School
  • Pioneer Mid Middle School
  • Steilacoom High School

Additional Features

  • Deck
  • High Speed Internet

Community Details

  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2510000796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,057

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3174
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Steilacoom
  • SewerCompany: Steilacoom
  • WaterCompany: Steilacoom
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Steilacoom Historica
  • High School: Steilacoom High
  • Middle Or Junior School: Pioneer Mid

Lot Info

  • Parcel Number: 2510000796
  • Lot Size Acres: 0.3331
  • Lot Size Sq Ft: 14510
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Tax Rolls
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2790

Multi Family

  • Gross Scheduled Income: 33480
  • Net Operating Income: 24202
  • Number Of Units Total: 2
  • Insurance Expense: 866
  • Leasable Area: 3174
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4057

MLS Schools

  • Elementary School: Saltars Point Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 26, 2017
Sold by
Cockerill The Mark L and Kennedy Marie E
Bought by
Benson David and Benson Maimai
Seller's Agent
Brian Thayer
Keller Williams Rty Tacoma
Buyer's Agent
Jim Marso
Better Properties N. Proctor
List Price
$459,000
Sold Price
$459,000
Current Estimated Value
$868,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,248
Avg. Annual Appreciation
7.47%
Original Mortgage
$344,250
Outstanding Balance
$288,237
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$534,263

Purchase Details

Closed on
Aug 28, 2013
Sold by
Cockerill Mark L and Kennedy Marie E
Bought by
Cockerill Mark L and Kennedy Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2003
Sold by
Cockerill Mark L
Bought by
Cockerill Mark L and Kennedy Marie E

Purchase Details

Closed on
Jul 21, 2003
Sold by
Cupit Vernon L
Bought by
Cockerill Mark L and Kennedy Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,250
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Harris Robert W
Bought by
Cupit Vernon L and Cupit Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Benson David $458,719 Attorneys Title
Cockerill Mark L -- Old Republic Title Ltd
The Mark L Cockerill & Marie E Kennedy R -- Ort
Cockerill Mark L -- Chicago Title Insurance Co
Cockerill Mark L $315,000 First American Title Co
Cupit Vernon L $304,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson David $344,250
Previous Owner Cockerill Mark L $196,000
Previous Owner Cockerill Mark L $142,250
Previous Owner Cupit Vernon L $243,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $459,000 0.0% $145 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $459,000 -- $145 / 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 $6,316 $822,300 $269,000 $553,300
2024 $6,316 $747,700 $255,100 $492,600
2023 $6,316 $733,300 $261,300 $472,000
2022 $6,381 $723,300 $261,300 $462,000
2021 $5,625 $521,900 $187,500 $334,400
2019 $4,640 $458,000 $166,000 $292,000
2018 $4,722 $418,700 $136,000 $282,700
2017 $4,065 $371,000 $103,900 $267,100
2016 $3,783 $305,800 $83,200 $222,600
2014 $3,981 $294,500 $83,200 $211,300
2013 $3,981 $293,000 $81,300 $211,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1132818

Northwest Multiple Listing Service (NWMLS)

APN: 251000-0796