Listed by Keller Williams Rty Tacoma, Bought with Cascade Properties & Invest.
$775,000
SOLD OCT 30, 2024

705 4th Ave SW Puyallup, WA 98371

-- Bed
-- Bath
2,058 Sq Ft
7,575 Sq Ft Lot

Recently Sold

$377 Per Sq Ft

5 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Vinyl Plank Flooring
  • Puyallup High School Rated A-
  • No HOA
  • Property is Fully Fenced

About This Home

As of October 2024

Discover the perfect blend of modern updates and classic charm in this remodeled Puyallup triplex. This versatile property features three distinct units, each thoughtfully designed for comfort, style and convenience. The main floor boasts a spacious 2 Bed/1.5 Bath unit with an open floor plan, ideal for both relaxation and entertaining. Upstairs, you'll find two charming 1 Bed/1 Bath units that provide cozy living spaces with access to a shared balcony. Convenient to Puyallup's best shopping, dining and amenities, and with easy access to major transportation hubs, this property offers unmatched convenience. Whether you're looking for an investment opportunity or a place to call home with additional rental income, this triplex is a must-see!

Last Agent to Sell the Property

Greg Stock

Keller Williams Rty Tacoma License #114407 Listed on: 09/04/2024

Keller Williams Rty Tacoma

Last Buyer's Agent

Lisa Scivally

Cascade Properties & Invest. License #24585

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2286072

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 7,575 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,058 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550520-032-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2058
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 254

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 3240

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 550520-032-0
  • Lot Size Acres: 0.1739
  • Lot Size Sq Ft: 7575
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 5350

Multi Family

  • Gross Scheduled Income: 64200
  • Net Operating Income: 46500
  • Number Of Units Total: 3
  • Electric Expense: 2160
  • Insurance Expense: 1800
  • Leasable Area: 1988
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4197

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Soares Family Trust and Soares Matt
Bought by
Mustang Properties Llc
Current Estimated Value
$772,170

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 30, 2024
Sold by
Star Communities Inc
Bought by
Soares Family Trust and Soares
Seller's Agent
Greg Stock
Keller Williams Rty Tacoma
Buyer's Agent
Lisa Scivally
Cascade Properties & Invest.
List Price
$775,000
Sold Price
$775,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.90%

Purchase Details

Listed on
Aug 10, 2023
Closed on
Oct 4, 2023
Sold by
Coenen Properties Llc
Bought by
Star Communities Inc
Seller's Agent
Greg Stock
Keller Williams Rty Tacoma
Buyer's Agent
Greg Stock
Keller Williams Rty Tacoma
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.08%
Original Mortgage
$605,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2019
Closed on
May 16, 2019
Sold by
Catholic Community Foundation For Easter
Bought by
Coenen Properties Llc
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Stephanie Gurden
Keller Williams Realty
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
May 16, 2018
Sold by
Amendt Joseph J and Amendt Shirley J
Bought by
Catholic Community Foundation For Easter

Purchase Details

Closed on
Nov 3, 1997
Sold by
Bennett Kenneth D
Bought by
Amendt Joseph J
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $775,000 Wfg National Title
Warranty Deed $375,000 Stewart Title
Warranty Deed $230,000 Cw Title
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $605,000 New Conventional
Previous Owner $98,093 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $775,000 0.0% $377 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $775,000 +106.7% $377 / Sq Ft
10/05/2023 10/05/23 Sold $375,000 -6.3% $182 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $400,000 +73.9% $194 / Sq Ft
05/21/2019 05/21/19 Sold $230,000 0.0% $112 / Sq Ft
05/21/2019 05/21/19 For Sale $230,000 -- $112 / 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 $4,197 $578,400 $230,000 $348,400
2024 $4,197 $369,600 $204,800 $164,800
2023 $4,197 $394,400 $189,400 $205,000
2022 $4,108 $416,000 $206,100 $209,900
2021 $3,821 $300,300 $136,900 $163,400
2019 $3,270 $270,500 $124,100 $146,400
2018 $3,315 $252,800 $113,800 $139,000
2017 $3,017 $228,400 $94,400 $134,000
2016 $2,707 $183,700 $70,500 $113,200
2014 $2,401 $169,900 $62,200 $107,700
2013 $2,401 $152,700 $52,800 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2286072

Northwest Multiple Listing Service (NWMLS)

APN: 550520-0320