Listed by John L. Scott, Inc., Bought with I Elite Realty, IERC
$425,000
SOLD MAR 21, 2016

7308 56th St W University Place, WA 98467

-- Bed
-- Bath
3,536 Sq Ft
0.3 Acres

Recently Sold

$120 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Open Space
  • Wood Siding
  • Evergreen Primary School Rated A
  • Disabled Access
  • Wall to Wall Carpet

About This Home

As of June 2019

Fantastic 4 plex in UP! Tile roof, wood siding, 4car carport. All units are 2 bed 1 full bath, with washer/dryer, fridge, & wood burning fireplace. Outdoor storage on all units. Hillside Glen has terrific rental history and rent rates are going up. Professionally managed & maintained. Easy access off Bridgeport, close to shopping, UP Schools. Add this one to your investment portfolio!

Last Agent to Sell the Property

Eric Kelly

John L. Scott, Inc. License #86273 Listed on: 03/03/2016

John L. Scott, Inc.

Last Buyer's Agent

Meng-Lin Wang

I Elite Realty, IERC License #73725

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 903092

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Open Space
  • Sprinkler System
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Curtis Snr High School

Additional Features

  • Disabled Access
  • Deck
  • Cable TV Available

Community Details

  • Hillside Glen Condos
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450300-002-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,303

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hillside Glen
  • New Construction: No
  • CalculatedSquareFootage: 3536
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Tile
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • WaterSewerGarbage: 4912

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 450300-002-0
  • Lot Size Acres: 0.3006
  • Lot Size Sq Ft: 13094
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Sprinkler System
  • MLSLotSizeSource: PC Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3235

Multi Family

  • Gross Scheduled Income: 36635
  • Net Operating Income: 20268
  • Number Of Units Total: 6
  • Electric Expense: 1980
  • Insurance Expense: 1260
  • Leasable Area: 3536
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5303

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
Rubi Juan C
Bought by
Imam Muzzammil Mohammad and Shamim Sadia
Current Estimated Value
$1,033,822

Purchase Details

Closed on
Jun 16, 2020
Sold by
Rubi Juan
Bought by
Rubl Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2020
Sold by
Rubi Juan and Trimble Nancy
Bought by
Rubi Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 13, 2019
Sold by
Zhu Mengziao
Bought by
Juan Rubi and Rubi Nancy
Seller's Agent
Devyn Odom
Best Choice Network LLC
Buyer's Agent
Hannah Gilmore
Best Choice Realty LLC
List Price
$570,000
Sold Price
$620,000
Premium/Discount to List
$50,000
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$559,625
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 17, 2016
Sold by
Hagmann Leslie D
Bought by
Zhu Mengxiao
Seller's Agent
Eric Kelly
John L. Scott, Inc.
Buyer's Agent
Meng-Lin Wang
I Elite Realty, IERC
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Hagmann Leslie D
Bought by
Hagmann Leslie D and Borchers Jeanette M

Purchase Details

Closed on
Jun 3, 2009
Sold by
Hufana Abel P and Hufana Cristina D
Bought by
Hagmann Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2006
Sold by
Hemming Calvin Ray
Bought by
Hufana Abel P and Hufana Cristina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2005
Sold by
Hemming Karen
Bought by
Hemming Calvin Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2001
Sold by
Sorokovski Daniela
Bought by
Sorokovski Dmitri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
9.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2001
Sold by
Sorokovski Daniela
Bought by
Sorokovski Dmitri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
8.99%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $1,050,000 Cw Title
Interfamily Deed Transfer -- Accommodation
Divorce Dissolution Of Marriage Transfer -- None Available
Warranty Deed $620,000 Wfg National Title
Warranty Deed $424,719 Wfg Natl Title
Interfamily Deed Transfer -- None Available
Warranty Deed $355,000 Attorneys Title
Warranty Deed $459,250 Rainier Title
Interfamily Deed Transfer -- Puget Sound Title Company
Warranty Deed $360,000 Puget Sound Title Company
Interfamily Deed Transfer -- Transnation Title Insurance
Interfamily Deed Transfer -- Transnation Title Insurance
Warranty Deed $273,398 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $486,750 New Conventional
Previous Owner $559,625 FHA
Previous Owner $266,250 Commercial
Previous Owner $344,400 Commercial
Previous Owner $68,900 Commercial
Previous Owner $288,000 Commercial
Previous Owner $9,000 Commercial
Previous Owner $25,000 Commercial
Previous Owner $188,000 Commercial
Previous Owner $211,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $620,000 +8.8% $175 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $570,000 +34.1% $161 / Sq Ft
03/21/2016 03/21/16 Sold $425,000 0.0% $120 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $425,000 -- $120 / 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 $9,622 $864,300 $265,700 $598,600
2024 $9,622 $843,800 $261,400 $582,400
2023 $9,622 $816,900 $255,800 $561,100
2022 $8,737 $828,400 $255,800 $572,600
2021 $8,032 $581,200 $173,200 $408,000
2019 $6,064 $450,700 $146,600 $304,100
2018 $6,733 $468,100 $163,700 $304,400
2017 $6,069 $430,200 $143,500 $286,700
2016 $5,303 $326,300 $102,400 $223,900
2014 $5,114 $303,700 $102,400 $201,300
2013 $5,114 $284,000 $91,900 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 903092

Northwest Multiple Listing Service (NWMLS)

APN: 450300-0020