Listed by Crown Properties, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

729 3rd Ave NW Unit B Puyallup, WA 98371

Estimated Value: $828,000 - $934,000

6 Beds
4 Baths
2,560 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $395,000 $154 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,251/month

100 Days on Market

Highlights

  • 0.61 Acre Lot
  • Partially Fenced Property
  • 1-Story Property
  • Puyallup High School Rated A-
  • Wall to Wall Carpet

About This Home

As of February 2017

Rent one side and live in the other. This remarkable downtown Puyallup duplex is set back off the main road on a large lot with a white picket fence and plenty of extra parking. Inside the living room has cathedral ceilings, lots of windows and a gas free standing stove. Step saving kitchen is open and boasts a oven, fridge, and dishwasher. All 3 bedrooms are down the hall from the main full bathroom. The master is a good size with a 3/4 bath. All new paint and carpet on side B.

Last Agent to Sell the Property

Julie Folk

Crown Properties License #79778 Listed on: 08/25/2016

Last Buyer's Agent

Dick Beeson

RE/MAX Northwest License #6470

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1020720

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1999

Lot Details

  • 0.61 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Puyallup High School

Utilities

  • Natural Gas Connected

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / B10L1B11
  • Assessor Parcel Number 5870000412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2560
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Puyallup
  • High School: Puyallup High

Lot Info

  • Parcel Number: 5870000412
  • Lot Size Acres: 0.6061
  • Lot Size Sq Ft: 26400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1300

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 26100
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 2560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Beeson Richard E and Beeson Robin L
Bought by
Hilkin Richard J and Hilkin Kathy L
Current Estimated Value
$869,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$419,915
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$449,397

Purchase Details

Listed on
Aug 25, 2016
Closed on
Jan 3, 2017
Sold by
Jacobson Seth L
Bought by
Beeson Richard E and Beeson Robin L
Seller's Agent
Julie Folk
Crown Properties
Buyer's Agent
Dick Beeson
RE/MAX Northwest
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$366,415
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 2008
Sold by
Jacobson Katina
Bought by
Jacobson Seth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
Krone William D and Krone Laurie A
Bought by
Jacobson Timothy and Jacobson Tamila

Purchase Details

Closed on
Apr 24, 2002
Sold by
Krone Laurie A
Bought by
Krone William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2000
Sold by
Swanberg Daniel A
Bought by
Krone William D and Krone Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 1999
Sold by
Kropf John F
Bought by
Swanberg Daniel A and Swanberg Cheryl A
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
Hilkin Richard J $630,000 Wfg Natl Ttl Co Of Wa Llc
Beeson Richard E $394,719 Wfg Natl Title
Jacobson Seth J -- Northpoint Escrow & Title Ll
Jacobson Seth J -- Northpoint Escrow & Title Ll
Jacobson Timothy $370,000 Puget Sound Title Company
Krone William D -- Chicago Title
Krone William D $229,189 --
Swanberg Daniel A $35,192 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilkin Richard J $472,500
Previous Owner Beeson Richard E $366,415
Previous Owner Jacobson Seth J $349,200
Previous Owner Krone William D $183,000
Previous Owner Krone William D $177,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2017 02/02/17 Sold $395,000 -1.3% $154 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $400,000 -3.6% $156 / Sq Ft
08/26/2016 08/26/16 For Sale $415,000 -- $162 / 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 $7,703 $850,000 $284,600 $565,400
2024 $7,703 $856,200 $263,300 $592,900
2023 $7,703 $797,900 $243,500 $554,400
2022 $6,498 $722,500 $264,900 $457,600
2021 $5,685 $475,300 $176,100 $299,200
2019 $4,858 $437,500 $159,600 $277,900
2018 $5,155 $400,900 $153,100 $247,800
2017 $4,528 $377,700 $141,100 $236,600
2016 $4,066 $297,900 $105,400 $192,500
2014 $3,708 $270,700 $93,000 $177,700
2013 $3,708 $248,200 $78,900 $169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1020720

Northwest Multiple Listing Service (NWMLS)

APN: 587000-0412