Listed by Bushnell Real Estate Solutions, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

7119 146th St SW Lakewood, WA 98439

Estimated Value: $1,107,520

5 Beds
9 Baths
4,948 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $675,000 $136 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,225/month

189 Days on Market

About This Home

As of May 2019

Net Income $42,121 annum. Cash flow Developmental property. Space to build an additional 49 units behind current units. Seller is currently in the application process for the additional 49 units. Current rents have not been increased in over 7 years. POTENTIAL OF RENTAL INCREASE OF 50% - 100%.

Last Agent to Sell the Property

Haruichi Bearden

Bushnell Real Estate Solutions License #105801 Listed on: 12/04/2017

Bushnell Real Estate Solutions

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

Matthew Harber

Keller Williams Rty Tacoma License #25202

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1223641

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1940

Lot Details

  • 2.26 Acre Lot

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,948 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Utilities

  • Central Air
  • Septic Tank
  • Septic System

Community Details

  • Mcchord Air Force Base Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219221034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4948
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Central A/C, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes

Utilities

  • Sewer: Available, Septic Tank
  • Cooling Y N: Yes
  • Utilities: Septic System, Electric

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 0219221034
  • Lot Size Acres: 2.26
  • Lot Size Sq Ft: 98446
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3795

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3419

Multi Family

  • Number Of Units Total: 5
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
May 9, 2019
Sold by
Vo Giang Hoang
Bought by
Egu Washington Estates Llc
Seller's Agent
Haruichi Bearden
Bushnell Real Estate Solutions
Buyer's Agent
Matthew Harber
Keller Williams Rty Tacoma
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,107,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,520
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Lam Kayla Uyen
Bought by
Vo Giang Hoang

Purchase Details

Closed on
May 17, 2005
Sold by
Norwest Bank Minnesota Na
Bought by
Leonhard George L and Leonhard Rubye H
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
Egu Washington Estates Llc $675,000 Stewart Title Company
Vo Giang Hoang -- Puget Sound Title
Leonhard George L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $675,000 0.0% $136 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $675,000 0.0% $136 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $675,000 0.0% $136 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $675,000 -- $136 / 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 $17,132 $1,570,000 $1,570,000 --
2024 $17,132 $1,570,000 $1,570,000 --
2023 $17,132 $1,570,000 $1,570,000 $0
2022 $6,021 $559,900 $321,900 $238,000
2021 $5,507 $386,800 $195,500 $191,300
2019 $3,907 $321,200 $140,800 $180,400
2018 $3,539 $287,300 $129,300 $158,000
2017 $3,419 $217,800 $99,300 $118,500
2016 $2,711 $185,100 $79,200 $105,900
2014 $2,741 $150,100 $64,800 $85,300
2013 $2,741 $141,300 $64,800 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1223641

Northwest Multiple Listing Service (NWMLS)

APN: 021922-1034