NOT LISTED FOR SALE

963 Martin Way Enumclaw, WA 98022

Estimated Value: $930,751 - $1,001,000

-- Bed
-- Bath
4,100 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $838,250 $204 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,142/month

2 Days on Market

Highlights

  • Mountain View
  • Wood Siding
  • Wall to Wall Carpet
  • Cul-De-Sac

About This Home

As of October 2021

Location, location, location. Investor alert. 4-plex in the heart of the City of Enumclaw. Close to stores, parks, medical services, and trails. This fully occupied property provides stable cash flow with long-term tenants. These are 2 bedrooms, 1.5 bath units with all appliances including washer/dryer. Covered parking as well as additional parking. Fantastic investment opportunity, or perfect for an owner-occupied home. All tenants are current & no vacancies are expected.

Last Listed By

John Sappington

Windermere RE/MV Enumclaw License #124489 Listed on: 09/06/2021

Windermere RE/MV Enumclaw

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1834076

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,772

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 137x79
  • Cul-De-Sac
  • Property is in average condition

Property Views

  • Mountain
  • Limited

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Sunrise Elementary School
  • Enumclaw Mid Middle School
  • Enumclaw Snr High School

Utilities

  • Cable TV Available

Community Details

  • Enumclaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8880600090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,772

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4100
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: final sale price less concessions
  • Special Features: None
  • Cumulative Days on Market: 252

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Alley, Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Enumclaw
  • WaterCompany: City of Enumclaw
  • WaterSewerGarbage: 6600

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Enumclaw
  • High School: Enumclaw Snr High
  • Middle Or Junior School: Enumclaw Mid

Lot Info

  • Parcel Number: 8880600090
  • Lot Size Acres: 0.2541
  • Lot Size: 137x79
  • Lot Size Sq Ft: 11067
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Public records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 29495
  • Number Of Units Total: 4
  • Insurance Expense: 1533
  • Leasable Area: 4100
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6772

MLS Schools

  • Elementary School: Sunrise Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Sep 16, 2021
Sold by
Christianson Cleet M
Bought by
Willpro Llc
Seller's Agent
John Sappington
Windermere RE/MV Enumclaw
Buyer's Agent
Randi Savage
Best Choice Realty LLC
List Price
$839,950
Sold Price
$838,250
Premium/Discount to List
-$1,700
-0.2%
Total Days on Market
2
Current Estimated Value
$965,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,626
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Vanwieringen Janet M
Bought by
Christianson Cleet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.5%

Purchase Details

Closed on
May 31, 1996
Sold by
Vanwieringen Stanley G and Vanwieringen Janet M
Bought by
Vanwieringen Stanley G and Vanwieringen Janet M

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
Willpro Llc $840,000 Equity Title Of Wa Llc
Christianson Cleet M $200,000 Washington Title Company
Vanwieringen Stanley G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christianson Cleet M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $838,250 -0.2% $204 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $839,950 -- $205 / 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 $9,441 $984,000 $154,900 $829,100
2023 $7,272 $881,000 $154,900 $726,100
2022 $6,742 $800,000 $132,800 $667,200
2021 $6,772 $672,000 $121,700 $550,300
2020 $5,897 $615,000 $130,000 $485,000
2018 $4,976 $466,000 $110,000 $356,000
2017 $4,714 $406,000 $105,000 $301,000
2016 $5,125 $397,000 $105,000 $292,000
2015 $4,724 $425,000 $80,000 $345,000
2014 -- $375,000 $80,000 $295,000
2013 -- $375,000 $75,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1834076

Northwest Multiple Listing Service (NWMLS)

APN: 888060-0090