NOT LISTED FOR SALE

8209 8211 38th Stct W University Place, WA 98466

Estimated Value: $662,000 - $738,000

4 Beds
2 Baths
2,000 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $339,950 $170 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,532/month

17 Days on Market

Highlights

  • RV Access or Parking
  • Wood Siding
  • 1-Story Property
  • Evergreen Primary School Rated A
  • Wall to Wall Carpet

About This Home

As of September 2017

Don't miss out on this investment opportunity. Duplex is located within the University Place School district. Next to Curtis Sr High School. Huge lot. Each 1000 square feet unit has 2 bedrooms, 1 Bath & 1 car attached garage. Recently replaced roof and septic system. Occupy one unit & rent the other one out. Very good location. Close to Whole Foods, restaurants, shopping, parks & schools. Tenants have been long term.

Last Agent to Sell the Property

Quy Pham

Dove Realty, Inc. License #47641 Listed on: 07/27/2017

Last Buyer's Agent

Lonnie Lee

John L. Scott Federal Way License #28986

John L. Scott Federal Way

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1168983

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,997

Year Built

  • Built in 1975

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Evergreen Primary Elementary School
  • Curtis Jnr High Middle School
  • Curtis Snr High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220152169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,997

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: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Seller set
  • Special Features: None
  • Cumulative Days on Market: 305

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • 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: 8
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 850

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Curtis Jnr High

Lot Info

  • Parcel Number: 0220152169
  • Lot Size Acres: 0.4591
  • Lot Size Sq Ft: 20000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1850

Multi Family

  • Gross Scheduled Income: 25350
  • Net Operating Income: 19653
  • Number Of Units Total: 2
  • Electric Expense: 150
  • Insurance Expense: 700
  • Leasable Area: 2000
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3997

MLS Schools

  • Elementary School: Evergreen Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Sep 19, 2017
Sold by
Le Tam Duc and Tran Trang Yen
Bought by
Werdal Kathryn J
Seller's Agent
Quy Pham
Dove Realty, Inc.
Buyer's Agent
Lonnie Lee
John L. Scott Federal Way
List Price
$339,950
Sold Price
$339,950
Total Days on Market
17
Current Estimated Value
$700,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,096

Purchase Details

Closed on
Nov 12, 2015
Sold by
Le Tam Duc
Bought by
Le Tam Duc and Tran Trang Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Tran Yen T and Le Tam D
Bought by
Le Tam D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1999
Sold by
Boesen Ronald N
Bought by
Livingston Lee and Livingston Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Werdal Kathryn J $339,669 Fidelity National Title
Le Tam Duc -- None Available
Le Tam D -- Ticor
Le Tam D $237,219 Ticor
Livingston Lee $173,346 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Tam D $178,125
Previous Owner Livingston Lee $270,000
Previous Owner Livingston Lee $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $339,950 0.0% $170 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $339,950 -- $170 / 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
2024 $7,218 $625,900 $361,700 $264,200
2023 $7,218 $603,000 $341,800 $261,200
2022 $6,699 $608,000 $341,800 $266,200
2021 $6,217 $445,100 $234,000 $211,100
2019 $4,358 $381,500 $198,700 $182,800
2018 $3,997 $330,100 $172,100 $158,000
2017 $3,997 $305,400 $142,700 $162,700
2016 $3,825 $226,800 $108,600 $118,200
2014 $3,575 $214,400 $101,300 $113,100
2013 $3,575 $203,000 $92,100 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1168983

Northwest Multiple Listing Service (NWMLS)

APN: 022015-2169