Listed by Gateway Real Estate, Bought with Operation Red Dot
NOT LISTED FOR SALE

8802 222nd St E Unit 8804 Graham, WA 98338

Estimated Value: $586,000 - $789,000

6 Beds
4 Baths
2,926 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $415,000 $142 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,325/month

22 Days on Market

Highlights

  • 0.44 Acre Lot
  • High Speed Internet
  • Wall to Wall Carpet
  • Open Space
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of March 2019

Great Opportunity for owners/users, live in one side and rent out the other! Strong rents and a desirable yet peaceful setting make this property a standout. One-level living is always in demand and only a mile from Graham Town Center and a 30 minute commute to JBLM. Open floor plans with gas fireplaces and stoves. Breakfast bars and nooks Walk-in closets with shelving systems and two car garages. Durable vinyl siding and large yards with front mowing included in rents.

Last Agent to Sell the Property

Bill Riley

Gateway Real Estate License #8223 Listed on: 01/09/2019

Gateway Real Estate

Co-Listed By

George Sampson

Gateway Real Estate License #21009170

Last Buyer's Agent

James Marszalek

Operation Red Dot License #27184

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1393266

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 2002

Lot Details

  • 0.44 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,926 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Graham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6024120040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2002
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2926
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: High Speed Internet, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • WaterCompany: Rainier View Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 6024120040
  • Lot Size Acres: 0.4385
  • Lot Size Sq Ft: 19103
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2665

Multi Family

  • Gross Scheduled Income: 31980
  • Net Operating Income: 22717
  • Number Of Units Total: 2
  • Insurance Expense: 1093
  • Leasable Area: 2926
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 13, 2019
Sold by
Parkview Manor Condominiums 2 Llc
Bought by
Isbell Cody
Seller's Agent
Bill Riley
Gateway Real Estate
Buyer's Agent
James Marszalek
Operation Red Dot
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$697,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,132
Avg. Annual Appreciation
9.00%
Original Mortgage
$395,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 1, 2019
Sold by
Isbell Remay Ann and Isbell Cody
Bought by
Isbell Cody
Seller's Agent
Bill Riley
Gateway Real Estate
Buyer's Agent
James Marszalek
Operation Red Dot
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.4%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Isbell Cody -- Cw Title
Isbell Cody -- Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isbell Cody $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $415,000 0.0% $142 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $415,000 -- $142 / 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 $7,543 $734,300 $187,200 $547,100
2024 $7,543 $658,000 $187,200 $470,800
2023 $7,543 $639,400 $191,500 $447,900
2022 $6,998 $640,500 $182,900 $457,600
2021 $6,391 $450,000 $111,300 $338,700
2019 $4,718 $392,700 $91,800 $300,900
2018 $5,292 $375,500 $91,800 $283,700
2017 $4,624 $337,400 $75,100 $262,300
2016 $4,539 $270,000 $72,800 $197,200
2014 $4,126 $267,000 $72,800 $194,200
2013 $4,126 $257,200 $66,800 $190,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1393266

Northwest Multiple Listing Service (NWMLS)

APN: 602412-0040