NOT LISTED FOR SALE

922 5th Ave SW Puyallup, WA 98371

Estimated Value: $836,000 - $1,048,950

8 Beds
4 Baths
4,400 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,000,000 $227 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,364/month

133 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Wood Siding
  • Puyallup High School Rated A-
  • Ceramic Tile Flooring
  • Mini Split Air Conditioners

About This Home

As of September 2022

Seeing is believing! Duplex w/ detached add'l dwelling unit in the heart of coveted Downtown Puyallup boasts 3 unique living opportunities. A comfortable 4 bedroom, 2 bathroom home with an appealing floor plan joins the more open concept 3 bedroom, 1.75 bathroom abode. Detached you'll find the adu and w/in, 2 bedrooms & 1 full bathroom. Lastly, the nearly 700sqft shop could provide storage for each home or returned to a garage. Each home provides independent laundry areas. Grow your real estate portfolio w/the opportunity to place new tenants at current rental rates on day one or jumpstart it by living in one home & generating income from the other two. Great location close to schools, sounder, hospital, shopping, entertainment

Last Listed By

Josh Hummel

Windermere Prof Partners License #23001327 Listed on: 04/28/2022

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1923816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,915

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.31

Home Design

  • Triplex
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 4,400 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Maplewood Elementary School
  • Aylen Jnr High Middle School
  • Puyallup High School

Additional Features

  • 0.31 Acre Lot
  • Mini Split Air Conditioners

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 & 6 / 32
  • Assessor Parcel Number 550525-040-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,915

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1951
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4400
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: %
  • Special Features: VirtualTour
  • Cumulative Days on Market: 399

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup
  • High School: Puyallup High
  • Middle Or Junior School: Aylen Jnr High

Lot Info

  • Parcel Number: 550525-040-0
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5 & 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.49
  • LeasedItems: None
  • TotalMonthlyIncome: 7100

Multi Family

  • Gross Scheduled Income: 85200
  • Net Operating Income: 72420
  • Number Of Units Total: 3
  • Leasable Area: 4400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5915

MLS Schools

  • Elementary School: Maplewood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Fifth Homes Llc
Bought by
Fifth Properties 1 Llc
Total Days on Market
133
Current Estimated Value
$993,099

Purchase Details

Listed on
Apr 28, 2022
Closed on
Sep 15, 2022
Sold by
Sean & Shawn Investments Llc
Bought by
Fifth Homes Llc
Seller's Agent
Josh Hummel
Windermere Prof Partners
Buyer's Agent
Stephanie Owens
Homesprings Real Estate
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$750,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 19, 2021
Sold by
Swider Keith J
Bought by
Sean & Shawn Investments Llc
Seller's Agent
Colin Findlay
Home Team Northwest Inc
Buyer's Agent
Josh Hummel
Windermere Prof Partners
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.75%
Original Mortgage
$496,612
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2019
Sold by
Swider Mckenzie and Swider Keith J
Bought by
Swider Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Swider Justin
Bought by
Swider Joshua M and Swider Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2012
Closed on
May 3, 2013
Sold by
Springleaf Financial Services Of Washing
Bought by
Swider Justin
Seller's Agent
Chris Floyd
BMC Realty Advisors Inc
Buyer's Agent
Kelly Hendrickson
Better Properties Summit
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
Original Mortgage
$155,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2012
Sold by
Otte Daniel H and Otte Amy B
Bought by
Springleaf Financial Services Of Washing and American General Financial Services Inc

Purchase Details

Closed on
Dec 28, 1999
Sold by
Brennan Timothy M
Bought by
Otte Daniel H and Otte Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,784
Interest Rate
7.72%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1997
Sold by
Smith Frederick P
Bought by
Brennan Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
7.26%

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
Fifth Properties 1 Llc -- None Listed On Document
Fifth Homes Llc -- Fidelity National Title
Sean & Shawn Investments Llc $570,000 Fidelity National Title
Swider Keith J -- Fidelity National Title
Swider Joshua M $430,000 Fidelity National Title
Swider Justin $149,900 Ticor Title
Springleaf Financial Services Of Washing $185,000 Fidelity Natl Title Ins Co
Otte Daniel H $191,960 First American Title Ins Co
Brennan Timothy M $237,933 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fifth Homes Llc $750,000
Previous Owner Sean & Shawn Investments Llc $496,612
Previous Owner Swider Joshua M $322,500
Previous Owner Swider Justin $195,000
Previous Owner Swider Justin $155,000
Previous Owner Otte Daniel H $263,086
Previous Owner Otte Daniel H $215,491
Previous Owner Otte Daniel H $206,916
Previous Owner Otte Daniel H $153,784
Previous Owner Brennan Timothy M $153,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,000,000 0.0% $227 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $1,000,000 -7.0% $227 / Sq Ft
08/15/2022 08/15/22 Price Changed $1,075,000 -2.3% $244 / Sq Ft
06/23/2022 06/23/22 Price Changed $1,100,000 -4.3% $250 / Sq Ft
06/09/2022 06/09/22 Price Changed $1,150,000 -4.2% $261 / Sq Ft
05/26/2022 05/26/22 Price Changed $1,200,000 -4.0% $273 / Sq Ft
05/06/2022 05/06/22 Price Changed $1,250,000 -3.8% $284 / Sq Ft
04/28/2022 04/28/22 For Sale $1,300,000 +128.1% $295 / Sq Ft
07/20/2021 07/20/21 Sold $570,000 -8.8% $130 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $625,000 +316.9% $142 / Sq Ft
05/07/2013 05/07/13 Sold $149,900 0.0% $64 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $149,900 -- $64 / 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
2024 $9,660 $1,080,500 $239,800 $840,700
2023 $9,660 $1,000,000 $221,800 $778,200
2022 $5,915 $953,300 $241,300 $712,000
2021 $5,525 $456,600 $160,300 $296,300
2019 $4,906 $424,600 $145,400 $279,200
2018 $4,688 $401,000 $137,100 $263,900
2017 $4,688 $367,900 $113,700 $254,200
2016 $4,234 $300,800 $87,600 $213,200
2014 $3,776 $280,000 $77,200 $202,800
2013 $3,776 $254,000 $65,500 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1923816

Northwest Multiple Listing Service (NWMLS)

APN: 550525-0400