Another $10,000 price reduction!!! Looking for a great investment property? This is it. This Duplex has stucco siding, recently painted outside, roof is approx 6-7 yrs old. Nestled in a cul de sac in Puyallup and close to freeways.
Monica Hope
Windermere RE/Lake Tapps, IncLicense #24993Listed on: 09/12/2015
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 847176
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,843
Year Built
Built in 1977
Lot Details
0.28 Acre Lot
Property is in good condition
Home Design
Duplex
Poured Concrete
Composition Roof
Stucco
Interior Spaces
1,632 Sq Ft Home
1-Story Property
Thermal Windows
Territorial Views
Flooring
Wall to Wall Carpet
Vinyl
Parking
2 Parking Spaces
1 Covered Space
Open Parking
Utilities
Septic Tank
Septic System
Community Details
Canyon Villa Condos
Puyallup Subdivision
Listing and Financial Details
Assessor Parcel Number 2829300040
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,843
Year Built
Built in 1977
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1977
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
Building Name: Canyon Villa
New Construction: No
CalculatedSquareFootage: 1632
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 342
Interior Features
Possible Use: Residential
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Forced Air, Wall to Wall Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Amenities: Thermal Windows
Exterior Features
Roof: Composition
View: Territorial
View: Yes
Waterfront: No
Exterior Features: Stucco
Foundation Details: Poured Concrete
Property Condition: Good
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 1
Open Parking Spaces: 2
Open Parking: Yes
Total Parking Spaces: 2
ParkingUncoveredSpaces: 2
Utilities
Sewer: Septic Tank
Water Source: Public
Utilities: Septic System, Electric
PowerCompany: PSE
SewerCompany: Septic
WaterCompany: Summit Water
WaterSewerGarbage: 60
Schools
Junior High Dist: Puyallup
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 2829300040
Lot Size Acres: 0.2801
Lot Size Sq Ft: 12200
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: realist
ZoningClass: Residential
Green Features
Efficiency: Thermal Windows
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 11
LeasedItems: None
TotalMonthlyIncome: 1800
Multi Family
Gross Scheduled Income: 21600
Net Operating Income: 16037
Number Of Units Total: 2
Insurance Expense: 1500
Leasable Area: 1632
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2015
Tax Annual Amount: 2843
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Jan 2016 - PresentMalybaeva Gainel9 Years and 5 Months
Private Individual
Purchase Details
Listed on
Sep 12, 2015
Closed on
Jan 4, 2016
Sold by
Iverson Gerald and Iverson Joyce
Bought by
Malybaeva Gainel
Buyer's Agent
Monica Hope
Windermere RE/Lake Tapps, Inc
List Price
$239,000
Sold Price
$170,500
Premium/Discount to List
-$68,500
-28.66%
Total Days on Market
68
Current Estimated Value
$568,754
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,254
Avg. Annual Appreciation
13.22%
Jul 2003 - Jan 2016Iverson Gerald and Iverson Joyce12 Years and 6 Months
Private Individual
Purchase Details
Closed on
Jul 30, 2003
Sold by
Iverson Gerald J
Bought by
Iverson Gerald and Iverson Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Apr 2002 - Jul 2003Iverson Gerald John1 Year and 3 Months
Private Individual
Purchase Details
Closed on
Apr 30, 2002
Sold by
Chraminski Claudelle
Bought by
Iverson Gerald John
Apr 1996 - Apr 2002Iverson Gerald J and Iverson Claudelle J6 Years
Private Individual
Purchase Details
Closed on
Apr 11, 1996
Sold by
Whitehouse Steven T
Bought by
Iverson Gerald J and Iverson Claudelle J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Great investment opportunity on a duplex in Puyallup. Each side is 2-bedroom, 1-bath, in unit laundry and 1-car attached garage, fully fenced backyards. Conveniently located near shops, restaurants, South Hill Mall and with close proximity to freeway. Top rated Puyallup schools. Tenant occupied, please respect their privacy.
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Average Value
Not Available
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
Malybaeva Gainel
$170,219
Cw Title
Iverson Gerald
$160,000
Fatco
Iverson Gerald John
--
Fidelity National Title Co
Iverson Gerald J
$114,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Iverson Gerald
$30,980
Previous Owner
Iverson Gerald
$144,000
Previous Owner
Iverson Gerald J
$113,037
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
01/05/201601/05/16
Sold
$170,500
-28.7%
$104 / Sq Ft
11/20/201511/20/15
Pending
--
--
--
09/12/201509/12/15
For Sale
$239,000
--
$146 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 8310 59th Ave E Unit 8312, Puyallup, WA 98371 since 12 September 2015 and is currently estimated at $568,754, approximately $348 per square foot. This property was built in 1977. 8310 59th Ave E Unit 8312 is a home located in Pierce County with nearby schools including Central Avenue Elementary School, Morris Ford Middle School, and Franklin Pierce High School.
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