Listed by Keller Williams Realty PS, Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

8116 & 8118 111th St E Puyallup, WA 98373

Estimated Value: $601,393 - $649,000

4 Beds
3 Baths
1,920 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $500,000 $260 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,868/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • High Speed Internet
  • Territorial View
  • Ceramic Tile Flooring

About This Home

As of December 2020

Updated duplex in desired Puyallup/South Hill area. Each unit has 2 bedrooms, 1.5 baths and a 2 car attached garage. Enjoy the quiet, private setting while remaining close to shopping, dining and transit. First unit just become vacant last week for the first time in years. This unit just had new carpet, fresh paint and more completed. Ready to move in or rent! Second unit has had the same tenants for years, lease up in January. This unit has previously been updated. RV parking. A true must see!!

Last Agent to Sell the Property

Cari Franklin

Keller Williams Realty PS License #20109553 Listed on: 10/19/2020

Keller Williams Realty PS

Last Buyer's Agent

Jared Mausten

Blue Summit Realty LLC License #130443

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1679677

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1975

Lot Details

  • 0.38 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Puyallup Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5325000337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • Special Features: None
  • Cumulative Days on Market: 341

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • 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: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterSewerGarbage: 1650

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 5325000337
  • Lot Size Acres: 0.3788
  • Lot Size Sq Ft: 16500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2720

Multi Family

  • Gross Scheduled Income: 32640
  • Net Operating Income: 26912
  • Number Of Units Total: 2
  • Insurance Expense: 937
  • Leasable Area: 1920
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 25, 2020
Sold by
Pullin Kristine A and Estate Of Phillip R Pullin
Bought by
Wagner Larry
Seller's Agent
Cari Franklin
Keller Williams Realty PS
Buyer's Agent
Jared Mausten
Blue Summit Realty LLC
List Price
$495,500
Sold Price
$500,000
Premium/Discount to List
$4,500
0.91%
Current Estimated Value
$620,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,848
Avg. Annual Appreciation
4.42%
Original Mortgage
$511,500
Outstanding Balance
$458,267
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$153,650

Purchase Details

Closed on
Jun 15, 2018
Sold by
Pullin Kristine A
Bought by
Pullin Kristine A

Purchase Details

Closed on
Nov 8, 2016
Sold by
Smith Lawrence S and Smith Lawrence Scott
Bought by
Pullin Phillip and Pullin Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Smith Erin Lee
Bought by
Smith Lawrence Scott

Purchase Details

Closed on
Aug 12, 1997
Sold by
Dhillon Avtar S and Dhillon Jasbir K
Bought by
Smith Lawrence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,820
Interest Rate
7.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wagner Larry $500,000 Fidelity National Title
Pullin Kristine A -- None Available
Pullin Phillip $279,219 Ticor Title
Smith Lawence S -- Ticor Title
Smith Lawrence Scott -- Fidelity Title
Smith Lawrence S $90,210 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Larry $511,500
Previous Owner Smith Lawence S $140,000
Previous Owner Smith Lawrence S $172,000
Previous Owner Smith Lawrence S $103,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $500,000 +0.9% $260 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $495,500 -- $258 / 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 $5,270 $513,300 $193,000 $320,300
2024 $5,270 $498,700 $184,500 $314,200
2023 $5,270 $491,700 $189,400 $302,300
2022 $4,837 $476,200 $183,200 $293,000
2021 $4,313 $324,200 $117,800 $206,400
2019 $3,719 $291,500 $103,100 $188,400
2018 $3,361 $277,700 $100,100 $177,600
2017 $3,361 $254,600 $84,800 $169,800
2016 $2,889 $202,300 $68,900 $133,400
2014 $2,726 $172,800 $60,000 $112,800
2013 $2,726 $158,000 $55,200 $102,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1679677

Northwest Multiple Listing Service (NWMLS)

APN: 532500-0337