Listed by Skyline Properties, Inc., Bought with American Dream Realty, LLC
NOT LISTED FOR SALE

7804 186th Street Ct E Unit 7806 Puyallup, WA 98375

Estimated Value: $464,000 - $703,000

4 Beds
2 Baths
1,818 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $247,000 $136 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,502/month

202 Days on Market

Highlights

  • 0.48 Acre Lot
  • Corner Lot
  • Property is Fully Fenced
  • Territorial View
  • Patio
  • Wood Siding

About This Home

As of July 2016

Well maintained property, lots of improvements, recent rent increases make this property a solid investment.
DO NOT DISTURB TENANTS....VIEWING BY APPT. ONLY AFTER MUTUAL ACCEPTANCE.
Several upgrades (newer roof, new ductless Heat Pump/A/C, new vinyl doors & windows etc...) Good investment opportunity. Current tenants are on month to month leases so buyer can live in one side and rent out the other.

Last Agent to Sell the Property

Mario Tallungan

Skyline Properties, Inc. License #81312 Listed on: 11/18/2015

Skyline Properties, Inc.

Last Buyer's Agent

Ericia Lorentzen

American Dream Realty, LLC License #111329

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 870944

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1979

Lot Details

  • 0.48 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Mini Split Air Conditioners
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419328003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,997

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1818
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric, See Remarks
  • PowerCompany: Tacoma Power
  • SewerCompany: Septic
  • WaterCompany: Rainier View
  • WaterSewerGarbage: 1620

Schools

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

Lot Info

  • Parcel Number: 0419328003
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20909
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Pierce Countyr
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 3
  • LeasedItems: None
  • TotalMonthlyIncome: 1750

Multi Family

  • Gross Scheduled Income: 19800
  • Net Operating Income: 14523
  • Number Of Units Total: 2
  • Insurance Expense: 660
  • Leasable Area: 1818
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2997

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jul 22, 2016
Sold by
Kirkov Silvia
Bought by
Kurkov Ivan
Seller's Agent
Mario Tallungan
Skyline Properties, Inc.
Buyer's Agent
Ericia Lorentzen
American Dream Realty, LLC
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%
Current Estimated Value
$579,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,967
Avg. Annual Appreciation
9.71%
Original Mortgage
$242,526
Outstanding Balance
$193,108
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$386,859

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jul 20, 2016
Sold by
Reynolds Robert R
Bought by
Kurkov Ivan
Seller's Agent
Mario Tallungan
Skyline Properties, Inc.
Buyer's Agent
Ericia Lorentzen
American Dream Realty, LLC
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,526
Outstanding Balance
$193,108
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$386,859

Purchase Details

Closed on
Nov 30, 2001
Sold by
Ray Robert E
Bought by
Reynolds Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.63%

Purchase Details

Closed on
May 21, 1999
Sold by
Raden Colleen J
Bought by
Ray Robert E and Ray Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.35%
Source: Public Records

Range of Values:

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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
Kurkov Ivan -- Fidelity Natl Title Co Wa In
Kurkov Ivan $246,719 Fidelity Natl Title Co Wa In
Reynolds Robert R $152,000 --
Ray Robert E -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurkov Ivan $242,526
Previous Owner Reynolds Robert R $121,600
Previous Owner Ray Robert E $80,000
Closed Reynolds Robert R $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $247,000 -1.2% $136 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $250,000 -- $138 / 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 $4,981 $466,300 $202,200 $264,100
2024 $4,981 $439,700 $196,800 $242,900
2023 $4,981 $417,700 $191,300 $226,400
2022 $5,076 $456,000 $191,300 $264,700
2021 $4,614 $323,400 $118,000 $205,400
2019 $3,149 $262,700 $97,800 $164,900
2018 $3,122 $245,800 $90,400 $155,400
2017 $3,122 $217,900 $78,900 $139,000
2016 $2,997 $176,000 $68,000 $108,000
2014 $2,727 $173,300 $68,000 $105,300
2013 $2,727 $166,800 $62,400 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 870944

Northwest Multiple Listing Service (NWMLS)

APN: 041932-8003