NOT LISTED FOR SALE

8409 Orchard St SW Lakewood, WA 98498

South Lakes Neighborhood

Estimated Value: $418,717 - $476,000

5 Beds
3 Baths
2,200 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $188,500 $86 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,724/month

10 Days on Market

About This Home

As of September 2016

Priced to sell! 3 homes on one lot. Clean, fully rented units.

Last Buyer's Agent

Olga Milford

Home Team Northwest Inc License #98372

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 966835

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1943

Lot Details

  • 0.28 Acre Lot

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2200001460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,701

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1943
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 2200001460
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 21899
  • Number Of Units Total: 3
  • Insurance Expense: 1200
  • Leasable Area: 2200
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Hackett Falasiva R
Bought by
Hackett Nathaniel S
Current Estimated Value
$443,679

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 6, 2016
Sold by
Davis Sandy P
Bought by
Hackett Nathaniel S and Hackett Falasiva R
Buyer's Agent
Olga Milford
Home Team Northwest Inc
List Price
$199,900
Sold Price
$188,500
Premium/Discount to List
-$11,400
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$141,375
Outstanding Balance
$112,925
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$330,754

Purchase Details

Closed on
Oct 7, 2009
Sold by
Deeter John
Bought by
Davis Sandy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,205
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2008
Sold by
Knight Alphonso and Knight Isebell
Bought by
Deeter John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2008
Sold by
Estate Of Doris Snider
Bought by
King Roger L and King Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hackett Nathaniel S -- None Available
Hackett Nathaniel S $188,219 Ticor Title
Davis Sandy P $166,000 Old Republic Title Ltd
Deeter John $150,000 Rtc
Knight Alphonso -- None Available
King Roger L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hackett Nathaniel S $141,375
Previous Owner Davis Sandy P $168,205
Previous Owner Deeter John $133,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $188,500 -5.7% $86 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $199,900 -- $91 / 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 $4,763 $489,100 $186,600 $302,500
2024 $4,763 $439,400 $175,000 $264,400
2023 $4,763 $415,500 $164,200 $251,300
2022 $4,421 $419,000 $164,200 $254,800
2021 $4,162 $299,600 $99,700 $199,900
2019 $3,080 $255,400 $71,800 $183,600
2018 $2,989 $235,800 $66,000 $169,800
2017 $2,884 $190,400 $48,300 $142,100
2016 $2,341 $163,300 $38,500 $124,800
2014 $2,399 $135,900 $31,500 $104,400
2013 $2,399 $124,000 $31,500 $92,500
Source: Public Records

Agents Affiliated with this Home

  • Olga Milford

    Buyer's Agent in 2016

    Olga Milford

    Home Team Northwest Inc

    (253) 569-7083

    47 Total Sales

    Olga Milford
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 966835

Northwest Multiple Listing Service (NWMLS)

APN: 220000-1460

Washington Pierce County Lakewood 98498 South Lakes

8409 Orchard St SW, Lakewood, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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