Listed by Engel & Voelkers Chambers Bay, Bought with Keller Williams Realty
NOT LISTED FOR SALE

9420 Lexington Ave SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $648,000 - $705,000

4 Beds
3 Baths
2,648 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $600,000 $227 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,023/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Thermal Windows
  • Territorial View
  • No HOA
  • High Speed Internet

About This Home

As of September 2022

RARE TOWNHOUSE STYLE DUPLEX. Large units with 1,324 sq ft each. GREAT FOR THE OWNER OCCUPIED BUYER or the INVESTOR looking to add to their portfolio. CLOSE TO SERVICES & JBLM. JUST REPAINTED exterior, some of the interior, new carpets & more. Enter into a spacious living room, kitchen with great room offers second living area is also on the main, slider to patio in fenced backyard is a great spot for grilling & hanging out, powder room completes main floor. Both bedrooms are upstairs with a full bath that opens to the hallway & primary bedroom. Private laundry for each unit along with a private garage that opens to the main floor. Extra parking in driveway, RV parking inside the fence line on the side of property, corner lot.

Last Agent to Sell the Property

Michael McNiel

Engel & Voelkers Chambers Bay License #23756 Listed on: 07/19/2022

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Maddie Names

Keller Williams Realty License #20110995

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1970492

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1977

Lot Details

  • 8,850 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,648 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5140000292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2648
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 5140000292
  • Lot Size Acres: 0.2032
  • Lot Size Sq Ft: 8850
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5339

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 26, 2022
Sold by
Charlotte Anne Johnson Revocable Living
Bought by
Kreuder Bridgette and Kreuder Vincent F
Seller's Agent
Michael McNiel
Engel & Voelkers Chambers Bay
Buyer's Agent
Maddie Names
Keller Williams Realty
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$667,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,599
Avg. Annual Appreciation
3.44%
Original Mortgage
$325,000
Outstanding Balance
$309,841
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
$357,758

Purchase Details

Closed on
Jun 1, 2011
Sold by
Johnson Charlotte Anne
Bought by
Johnson Charlotte Anne and Charlotte Anne Johnson Revocable Living
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
Kreuder Bridgette -- Equity Title Of Washington Llc
Johnson Charlotte Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreuder Bridgette $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $600,000 0.0% $227 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $600,000 -- $227 / 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 $6,341 $630,900 $222,200 $408,700
2024 $6,341 $607,700 $217,900 $389,800
2023 $6,341 $587,200 $199,100 $388,100
2022 $5,339 $592,300 $213,800 $378,500
2021 $4,853 $370,700 $133,600 $237,100
2019 $3,704 $340,500 $114,900 $225,600
2018 $4,061 $306,900 $96,600 $210,300
2017 $3,970 $273,800 $75,100 $198,700
2016 $3,291 $225,600 $54,200 $171,400
2014 $3,064 $205,800 $47,300 $158,500
2013 $3,064 $189,100 $38,200 $150,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1970492

Northwest Multiple Listing Service (NWMLS)

APN: 514000-0292