Listed by Terry Wise & Associates, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

895 Queens St Milton, WA 98354

Estimated Value: $725,000 - $866,000

6 Beds
5 Baths
2,828 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $360,000 $127 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,732/month

1 Day on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Ceramic Tile Flooring
  • Discovery Primary School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of September 2016

Investment opportunity! Live in one unit while renting the other! Or rent out both sides. Located in the desirable city of Milton (Fife school dist). Units A/B have an attached garage+extra guest parking. Open floor plan w/living/dining & kitchen set up for easy entertaining. Master suite features private bath & guest bedrooms are generous in size. Utility room & garage entrance located off kitchen for easy accessibility. Minutes from I-5, HWY 18/167. All appliances included. Fenced back yard!

Last Agent to Sell the Property

Shawn Maxey

Terry Wise & Associates License #74359 Listed on: 07/19/2016

Terry Wise & Associates

Co-Listed By

Chad Landsiedel

Terry Wise & Associates License #107256

Last Buyer's Agent

Renee Gray

John L. Scott, Inc. License #108971

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 978913

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 2005

Lot Details

  • 7,208 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,828 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Endeavour Intermed Elementary School
  • Surprise Lake Mid Middle School
  • Fife High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Milton Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5985003026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,142

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2828
  • SOCComments: on sale price less concessions
  • Special Features: VirtualTour
  • Cumulative Days on Market: 352

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City of Milton
  • SewerCompany: Pierce County
  • WaterCompany: City of Milton
  • WaterSewerGarbage: 1000

Schools

  • Junior High Dist: Fife
  • High School: Fife High
  • Middle Or Junior School: Surprise Lake Mid

Lot Info

  • Parcel Number: 5985003026
  • Lot Size Acres: 0.1655
  • Lot Size Sq Ft: 7208
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Pierce County
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 3

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2560

Multi Family

  • Gross Scheduled Income: 29400
  • Net Operating Income: 23120
  • Number Of Units Total: 2
  • Insurance Expense: 610
  • Leasable Area: 2828
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3142

MLS Schools

  • Elementary School: Endeavour Intermed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 29, 2016
Sold by
Bolson Holding Nw Llc
Bought by
Mester Frank Mark and Mester Jennifer Louise
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Renee Gray
John L. Scott, Inc.
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Current Estimated Value
$774,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,468
Avg. Annual Appreciation
8.92%
Original Mortgage
$216,000
Outstanding Balance
$101,121
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$673,347

Purchase Details

Closed on
Jul 23, 2009
Sold by
Appleton Nathan
Bought by
Bolson Holdings Northwest Llc

Purchase Details

Closed on
Apr 14, 2008
Sold by
Mort James B and Mort Arlene C
Bought by
Appleton Nathan and Gollehon Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 2006
Sold by
Cox James W and Fuller Cox Linda K
Bought by
Mort James B and Mort Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
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
Mester Frank Mark $359,719 Ticor Title
Bolson Holdings Northwest Llc -- Accommodation
Appleton Nathan $265,000 Old Republic Title Ltd
Mort James B $425,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mester Frank Mark $216,000
Previous Owner Appleton Nathan $258,000
Previous Owner Mort James B $340,000
Previous Owner Mort James B $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $360,000 -1.4% $127 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $365,000 -- $129 / 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 $6,143 $716,800 $251,000 $465,800
2024 $6,143 $646,500 $199,500 $447,000
2023 $6,143 $614,300 $193,200 $421,100
2022 $6,353 $641,200 $205,800 $435,400
2021 $6,128 $463,900 $147,700 $316,200
2019 $4,565 $412,900 $115,900 $297,000
2018 $4,255 $358,300 $103,800 $254,500
2017 $3,669 $334,200 $86,300 $247,900
2016 $3,096 $255,900 $65,600 $190,300
2014 $2,737 $241,500 $59,000 $182,500
2013 $2,737 $217,700 $50,800 $166,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 978913

Northwest Multiple Listing Service (NWMLS)

APN: 598500-3026