Listed by Better Properties NW
NOT LISTED FOR SALE

7019 128th St E Puyallup, WA 98373

Estimated Value: $585,000 - $825,000

4 Beds
5 Baths
2,740 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $289,000 $105 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,117/month

159 Days on Market

About This Home

As of October 2012

Well maintained duplex with 2 bedrooms plus one den. One unit is recently remodeled with accent colors in each room & new carpet. Each unit has fireplace. Large master bedroom, all appliances included. Tenants pay all utilities, low maintenance for investors or owner occupied.

Last Agent to Sell the Property

Maryse Brock

Better Properties NW License #47335 Listed on: 03/19/2012

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 333359

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,013

Year Built

  • Built in 2002

Lot Details

  • 0.86 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Half Dollar Acre Tracts Condos
  • South Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 29
  • Assessor Parcel Number 4315001027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,013

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2002
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Half Dollar Acre Tracts
  • CalculatedSquareFootage: 2740
  • SOCComments: SOC paid on Net Purchase Price
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Natural Gas Available, Septic System, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Fruitland
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 4315001027
  • Lot Size Acres: 0.8591
  • Lot Size: 37422
  • Lot Size Sq Ft: 37422
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 12

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 23322
  • Number Of Units Total: 2
  • Insurance Expense: 864
  • Leasable Area: 2740
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4013

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Oct 16, 2012
Sold by
Hutt Brian E and Ginther Hutt Lori
Bought by
Olmsted Burton L and Olmsted Margaret A
Seller's Agent
Maryse Brock
Better Properties NW
List Price
$295,000
Sold Price
$289,000
Premium/Discount to List
-$6,000
-2.03%
Current Estimated Value
$693,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,843
Avg. Annual Appreciation
6.99%
Original Mortgage
$216,750
Outstanding Balance
$150,163
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$543,680

Purchase Details

Closed on
May 14, 2007
Sold by
Vallone Jay R and Vallone Lorraine
Bought by
Hutt Brian E and Ginther Hutt Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Crossmark Homes Llc
Bought by
Vallone Jay R and Vallone Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.28%

Purchase Details

Closed on
Dec 27, 2001
Sold by
Gleason Maybelle and Gleason Mabel
Bought by
Crossmark Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,200
Interest Rate
6.73%
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
Olmsted Burton L $289,000 First American Title Ins Co
Hutt Brian E $375,000 Chicago Title Insurance Co
Vallone Jay R $280,000 --
Crossmark Homes Llc $176,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmsted Burton L $216,750
Previous Owner Hutt Brian E $235,000
Previous Owner Vallone Jay R $224,000
Previous Owner Crossmark Homes Llc $867,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $289,000 -2.0% $105 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $295,000 -- $108 / 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 $5,083 $491,000 $251,400 $239,600
2024 $5,083 $469,400 $240,300 $229,100
2023 $5,083 $467,200 $246,600 $220,600
2022 $6,610 $452,800 $238,700 $214,100
2021 $6,138 $476,400 $165,700 $310,700
2019 $5,315 $430,200 $144,900 $285,300
2018 $4,804 $409,700 $140,800 $268,900
2017 $4,804 $376,100 $119,300 $256,800
2016 $4,178 $298,600 $96,900 $201,700
2014 $3,902 $258,500 $80,400 $178,100
2013 $3,902 $236,400 $74,000 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 333359

Northwest Multiple Listing Service (NWMLS)

APN: 431500-1027