Listed by Best Choice Realty LLC, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

9001 112th St SW Unit 9003 Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $524,000 - $593,000

6 Beds
2 Baths
1,734 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $490,000 $283 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,340/month

372 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of March 2021

Large top-to-bottom remodeled Duplex. This is a gem! Property located in middle of quiet residential area w/single family around. Move-in ready for tenants, military, you & a friend. 1-level home will go FHA/VA financing. Fenced yards feature plenty of greenery, berries, fruit trees, garden beds, 2-8x12 sheds & toyset that stays. 2018 new roof, new ductless heat pumps to keep cool in summer, efficient r30 insulation & weatherized w/excellent ventilation. Both units boast new cabinetry, appliances, new interior and exterior paint & siding, newer flooring, new window package, updated bathrooms & kitchens. Both garages feature washer, dryers, sinks & insulated w/new openers. Plenty of parking on site. Make an offer!

Last Agent to Sell the Property

Rachelle Willhite

Best Choice Realty LLC License #18762 Listed on: 02/10/2021

Best Choice Realty LLC

Last Buyer's Agent

Rick Nimmer

Windermere Real Estate Co. License #43527

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1726251

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 0.35 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lake Louise Elementary School
  • Mann Mid Middle School
  • Lakes High School

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219044066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 1969 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1734
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, See Remarks
  • PowerCompany: PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Lakewood
  • WaterSewerGarbage: 3060

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Clover Park
  • High School: Lakes High
  • Middle Or Junior School: Mann Mid

Lot Info

  • Parcel Number: 0219044066
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County Records
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1200

Multi Family

  • Gross Scheduled Income: 14400
  • Net Operating Income: 4730
  • Number Of Units Total: 2
  • Electric Expense: 1920
  • Insurance Expense: 636
  • Leasable Area: 1734
  • EnergySource: Electric,See Remarks
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 50

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4054

MLS Schools

  • Elementary School: Lake Louise Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 19, 2021
Sold by
Croail Tyler and Croall Pamela
Bought by
Golden Brandon
Seller's Agent
Rachelle Willhite
Best Choice Realty LLC
Buyer's Agent
Rick Nimmer
Windermere Real Estate Co.
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Current Estimated Value
$554,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,355
Avg. Annual Appreciation
2.73%
Original Mortgage
$481,124
Outstanding Balance
$431,513
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$122,842

Purchase Details

Closed on
Aug 26, 2016
Sold by
Selvar Investments Llc Ii
Bought by
Croall Tyler and Croall Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2006
Sold by
Selvar Steve H
Bought by
Selvar Investments Llc Ii

Purchase Details

Closed on
May 16, 2005
Sold by
Allen Jonathan P
Bought by
Selvar Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 1999
Sold by
Cooper James W and Cooper Margit J
Bought by
Allen Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,967
Interest Rate
6.73%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Sinclair Thomas J and Sinclair Sara E
Bought by
Cooper James W and Cooper Margit J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.57%
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
Golden Brandon $490,000 Cw Title
Croall Tyler $259,719 Fidelity National Title
Selvar Investments Llc Ii -- None Available
Selvar Steven $220,000 --
Allen Jonathan P $139,549 Transnation Title Insurance
Cooper James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Brandon $481,124
Previous Owner Croall Tyler $221,000
Previous Owner Selvar Steven $176,000
Previous Owner Allen Jonathan P $118,967
Previous Owner Cooper James W $78,000
Closed Selvar Steven $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $490,000 +8.9% $283 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/10/2020 02/10/20 For Sale $450,000 -- $260 / 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 $4,925 $505,000 $214,800 $290,200
2024 $4,925 $474,600 $207,500 $267,100
2023 $4,925 $452,200 $202,700 $249,500
2022 $4,240 $471,800 $210,500 $261,300
2021 $4,054 $307,400 $143,400 $164,000
2019 $3,211 $285,700 $124,700 $161,000
2018 $3,500 $264,200 $117,400 $146,800
2017 $3,250 $234,900 $98,900 $136,000
2016 $2,740 $188,000 $70,400 $117,600
2014 $2,352 $170,200 $61,200 $109,000
2013 $2,352 $147,700 $50,300 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1726251

Northwest Multiple Listing Service (NWMLS)

APN: 021904-4066