NOT LISTED FOR SALE

703 3rd St Unit 705 Steilacoom, WA 98388

Steilacoom Neighborhood

Estimated Value: $673,000 - $747,000

4 Beds
3 Baths
3,805 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $625,000 $164 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,415/month

About This Home

As of June 2022

Rare opportunity to invest in this single-level duplex in the heart of Steilacoom just 1/3 mile to Saltar's Point Beach. Each unit has 2 BR, 1.5 BA, updated kitchen with white cabinetry, spacious living room, large backyard, and slider doors to the backyard patios. There are 2 garages - one is shared by both units with 2 separate laundry hookups. The other garage is for Unit 703 and has been partially converted to family room space. Currently owner occupied on one side, long-term tenant in other side is month-to-month with significantly under market rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 3, 2022
Sold by
Alward Lori L
Bought by
Gambill Ty and Gambill Katherine
Seller's Agent
Tracie Balado
MORE Realty
Buyer's Agent
David Wahlers
CENTURY 21 North Homes Realty
List Price
$690,000
Sold Price
$625,000
Premium/Discount to List
-$65,000
-9.42%
Current Estimated Value
$709,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,514
Avg. Annual Appreciation
4.72%
Original Mortgage
$625,000
Outstanding Balance
$598,096
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$117,054

Purchase Details

Closed on
Jun 2, 2009
Sold by
Alward Lori L and Alward Cecile J
Bought by
Alward Lori L and Alward Cecile J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 25, 2007
Sold by
Daniels Craig and Daniels Debra
Bought by
Alward Cecile J and Alward Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,960
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Webster Johns Nadine
Bought by
Daniels Craig and Daniels Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,375
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Cullen Marilyn R
Bought by
Webster Johns Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
5.93%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Gambill Ty -- Commonwealth Land Title
Alward Lori L -- Stewart Title Company
Alward Cecile J $389,950 First American Title Ins Co
Daniels Craig $252,500 Transnation Title
Webster Johns Nadine $196,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambill Ty $625,000
Previous Owner Alward Lori L $309,000
Previous Owner Alward Cecile J $311,960
Previous Owner Daniels Craig $189,375
Previous Owner Webster Johns Nadine $153,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $625,000 -9.4% $249 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $690,000 -- $275 / Sq Ft

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 $5,783 $723,200 $309,300 $413,900
2023 $5,783 $671,300 $276,000 $395,300
2022 $5,692 $688,700 $284,100 $404,600
2021 $5,490 $509,300 $202,900 $306,400
2019 $4,560 $446,800 $188,300 $258,500
2018 $5,059 $411,500 $164,700 $246,800
2017 $4,457 $397,500 $139,100 $258,400
2016 $4,176 $336,900 $114,500 $222,400
2014 $3,889 $325,100 $103,000 $222,100
2013 $3,889 $293,800 $99,300 $194,500
Source: Public Records

Agents Affiliated with this Home

  • Tracie Balado

    Seller's Agent in 2022

    Tracie Balado

    MORE Realty

    (253) 335-0506

    1 in this area

    40 Total Sales

    Section Image
  • Rachelle Willhite

    Seller Co-Listing Agent in 2022

    Rachelle Willhite

    Best Choice Realty Brokerage

    (206) 947-0811

    1 in this area

    114 Total Sales

    Rachelle Willhite
    Section Image
  • David Wahlers

    Buyer's Agent in 2022

    David Wahlers

    CENTURY 21 North Homes Realty

    (253) 732-8068

    1 in this area

    81 Total Sales

    David Wahlers
    Section Image
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Map

Washington Pierce County Steilacoom 98388 Steilacoom

703 3rd St Unit 705, Steilacoom, WA

Homes for Sale in Steilacoom, WA

This home is located at 703 3rd St Unit 705, Steilacoom, WA 98388 and is currently estimated at $709,514, approximately $186 per square foot. 703 3rd St Unit 705 is a home located in Pierce County with nearby schools including Saltars Point Elementary School, Cherrydale Elementary School, and Pioneer Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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